Cryptocurrencies Price Prediction: Solana, Ripple & Shiba Inu — Asian Wrap 29 Mar

FXStreet Team FXStreet

Solana price moons past $100 as SOL bulls set their eyes on $150

Solana price is charging forward this week as the price has breached the $100 level with ease. Solana enthusiasts could see a 40% rally soon. Solana price has ascended into the mid $110 zone to start this week's trading session. It was mentioned in last week's neutral thesis that a breach above the triangle's C wave at $106 could be the ultimate catalyst to a 40% rally.

XRP Price Prediction: Ripple prepares for take-off

Ripple has breached the parallel channel for the 4th time. XRP price is pouring gasoline onto its' FOMO flame as the price is hovering above the broken daily trend channel at $0.89. Investors appear to be coming back into the market with more optimism.

Shiba Inu price breaks out, targets $0.00003

Shiba Inu price should have investors delighted as the price has broken out in pure impulsive fashion. SHIB enthusiasts have multiple reasons to believe in future gains. Shiba Inu price is trading at $0.000026 and showing no signs of weakness.

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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes dumped his entire Zcash holdings on Friday, a day after selling his HYPE and NEAR holdings. Zcash is down 13% so far on Friday, extending the 26% drop from the previous day.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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