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Cryptocurrencies Price Prediction: Silly, LidoDAO & Near — Asian Wrap 08 January

Cryptocurrencies Price Prediction: Silly, LidoDAO & Near — Asian Wrap 08 January
FXStreet TeamFXStreet TeamFXStreet

Solana meme coin SILLY price eyes nearly 40% gain after key bullish developments

Silly Dragon (SILLY) price is close to producing a breakout that could kickstart a trend reversal and a double-digit recovery rally. The Solana-based meme coin could provide handsome gains to patient investors. 

LidoDAO price could rally 10%, three on-chain metrics suggest

LidoDAO (LDO) price currently auctions at $3.14, hinting at a potential bounce that could propel it by 10%. On-chain metrics for LDO are also showing signs that add credence to this bullish outlook.

Near Protocol Price Forecast: NEAR bulls to catalyze 13% move

Near Protocol (NEAR) price is bouncing off a relatively stable support level, which could evolve into a quick pullback rally. NEAR holders need to be patient if this plan does not work out as it could lead to an even better buying opportunity.    

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.