Cryptocurrencies Price Prediction: Solana, Ripple and Terra Classic – European Wrap 23 November [Video]

FXStreet Team FXStreet

Solana price salvaged at last minute, but will it be enough to avoid implosion?

Solana (SOL) price was set to drown in the big ocean of memorable financial meltdowns such as Lehman Brothers, Bear Stearns, the DotCom bubble and Enron. As it was set to go under, an unexpected lifeline got thrown in at the very last minute from equities that rallied into the US closing bell and triggered a wave of tailwinds that helped risk assets move higher. Is a Christmas miracle underway or is this just the intermission before the next shakedown?

XRP stages comeback, gears up for bullish 10% breakout by Black Friday

Ripple (XRP) price is on the cusp of printing a very solid week of gains as it currently builds a three-day winning streak.XRP price just needs to hold its gains until the US closing bell. Sentiment flipped 180 degrees late Tuesday evening as equities rallied into Thanksgiving as a Christmas surprise could get underway. With several traders and desks scrambling to still eke out at least some gains for the year, expect this to be the moment where every trader needs to be part of at least something.

Terra Classic nears the point of a solid rebound

A brief technical and on-chain analysis on Terra Classic price. Here, FXStreet's analysts evaluate where LUNC could be heading next.

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FXStreet Team

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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.

Ripple and Stellar outlook: XRP and XLM tumble as technical outlook deteriorates

Ripple and Stellar extend their declines, trading below $1.06 and $0.165, respectively, as selling pressure intensifies. In addition, weakening technical structures and bearish derivatives metrics suggest the correction for both altcoins could deepen if key support levels fail to hold.

Crypto Market Overview: Pi Network, Uniswap lead gains as Bitcoin steadies at $64,000

Bitcoin trades above $64,000 on Thursday, testing the bullish breakout of its 50-day Exponential Moving Average near $64,660. Mild recovery in BTC lifts altcoins, with Pi Network and Uniswap emerging as top performers over the last 24 hours.

Bitcoin stalls despite strong market activity across traditional assets

Bitcoin remained subdued while stocks edged higher and gold lower, suggesting the market is trapped between weakening institutional demand and growing signs of seller exhaustion, according to a Glassnode report on Wednesday.

Hashdex Bitcoin ETF to shut down following low liquidity

Hashdex Asset Management stated on Wednesday that it will liquidate and close the Hashdex Bitcoin ETF (DEFI), due to low assets under management, limited liquidity and operating costs. The fund managed approximately $14.7 million in assets as of July 30, according to a statement on Wednesday.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.