Cryptocurrencies Price Prediction: Solana, Rune & Hedera — Asian Wrap 14 August

FXStreet Team FXStreet

Solana posts 10% weekly gains, with attention shifting to altcoins as BTC, ETH consolidate along equilibrium

Solana (SOL) price has recorded notable gains, outperforming cryptocurrencies with big market capitalizations like Bitcoin (BTC) and Ethereum (ETH). It comes as the market holds out hope for a catalyst to drive the market, with expectations around the Exchange Traded Fund (ETF) running bleak.

THORChain price rises 20% to beat Shiba Inu in weekend gains; Why RUNE may be due for a 25% crash

THORChain (RUNE) ranks the biggest gainer this weekend, boasting a multi-month high. The striking rally has seen RUNE beat Shiba Inu (SHIB) price in daily gains. The settlement layer token has also outperformed Bitcoin (BTC) and Ethereum (ETH), which continue oscillating along equilibrium levels in a market devoid of impulse.

Hedera price eyes 5% gains as short traders' take profit levels trigger new buy orders

Hedera (HBAR) price is trading with a bullish bias in an attempted recovery from a recent downtrend. The bullishness comes as Bitcoin (BTC) and Ethereum (ETH) continue in a range-bound movement, consolidating along an equilibrium level as the crypto market craves a catalyst.

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FXStreet Team

FXStreet

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.