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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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs.

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.

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