Cryptocurrencies Price Prediction: SHIBA, Cardano & Crypto.com– American Wrap 26 January

FXStreet Team FXStreet

Cardano Price Forecast: ADA bulls need to hurry up as bears want to trigger 15% decline

Cardano (ADA) price has had a steep rally that has seen a technical path respecting the several barriers we have sketched on the daily price chart. From the looks of it, bulls are currently fretting about how to breach above $0.388 as clearly that level and below near $0.384 are forming issues.

Shiba Inu Price Forecast: SHIB in descent as profit-taking accelerates among early bulls

Shiba Inu (SHIB) price is gearing up for the first real test of the year as US GDP numbers are coming out later this Thursday. From a technical point of view, the price action on the screen is not really painting a rosy picture. Expect more pressure to build to the downside with $0.00001000 as the best level for support before re-entering the SHIB trade on the long side.

Crypto.com Price Prediction: CRO poised for a 50% rally if these conditions are met

Crypto.com price is worth keeping a close eye on. After an impressive 50% rally witnessed earlier in the month, the technical suggests more uptrend gains could occur in the coming weeks.

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Ripple holds $1.82 support as low retail demand weighs on the token

Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market.

Aster declines for fifth straight day despite buyback efforts

Aster trades under intense selling pressure, recording 3% loss at press time on Thursday. The perpetual-focused exchange resumed its Stage 4 buyback program on Wednesday and currently holds almost 52 million ASTER tokens.

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Bitcoin eyes short-term breakout above $87,000, underpinned by a significant increase in ETF inflows. Ethereum defends support around $2,800 as mild ETF outflows suppress its recovery. XRP holds above at $1.82 amid bearish technical signals and persistent inflows into ETFs.

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin is attempting to stabilize, holding near $87,000 on Thursday after this week’s pullback. Institutional demand shows signs of optimism, as US-listed spot Bitcoin Exchange-Traded Funds (ETFs) recorded fresh inflows of over $457 million on Wednesday.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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