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Cryptocurrencies Price Prediction: Shiba Inu, Solana & Bitcoin – American Wrap 08 October

Cryptocurrencies Price Prediction: Shiba Inu, Solana & Bitcoin – American Wrap 08 October
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, XRP: Altcoin lag while BTC marches higher

Bitcoin price appears to have hit a minor top, with selling pressure pouring in during the late morning and early afternoon New York trade session. A bearish hammer candlestick pattern is developing, indicating a high is likely in. Ethereum shows some mixed behavior on its chart. Despite having an extremely bullish Ichimoku chart, buyers are not pursuing any follow-through to propel Ethereum price higher. XRP price remains in a very stagnate position.

Analysts claim Solana is the “Netflix” of crypto as SOL rises toward $1,300

Experts believe that Solana's interoperability is higher than Algorand's, making it a superior blockchain network. Kyle Samani recently explained how Solana scales through parallelism, making it the "Netflix" of cryptocurrencies. Analysts have set a price target of $1300 for SOL, predicting a further upward climb in SOL.

Dogecoin-killer Shiba Inu announces new strategy for burning SHIB, LEASH and BONE

Shiba Inu has announced its latest partnership for burning SHIB ecosystem tokens. Popular as the Dogecoin-killer, Shytoshi Kusama has unveiled plans to boost the utility of SHIB, LEASH and BONE. 

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