Cryptocurrencies Price Prediction: Solana, Chainlink & Bitcoin — Asian Wrap 24 October

FXStreet Team FXStreet

SOL bullish breaker could flip back to supply barrier as Solana’s largest DeFi protocol blocks UK users

Solana (SOL) price continues to maintain its gains as the bears remain in the cage. The purported Ethereum-killer (ETH) joined Bitcoin (BTC) price in the uptrend that began around October 13 to test the stiff resistance at $30.24.

Chainlink price correction imminent after 35% rally liquidates $12 million worth of LINK in 72 hours

Chainlink price observed a massive rally in the past few days, which brought profits to a significant chunk of LINK holders. However, the altcoin seems to have found its top around the $10 mark, as LINK is most likely preparing for a major crash soon.

Bitcoin price pumps hard as investors discuss ‘logic’ behind US SEC delay of spot BTC exchange-traded fund

Bitcoin (BTC) price continues with its bullish bias, steadily edging north past crucial barriers. Meanwhile, investors are discussing the spot BTC exchange-traded funds (ETF), with a view to determining why the US Securities and Exchange Commission (SEC) continues to delay the decision.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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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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