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Cryptocurrencies Price Prediction: Solana, SafeMoon & Chainlink — Asian Wrap 15 Mar [Video]

Cryptocurrencies Price Prediction: Solana, SafeMoon & Chainlink — Asian Wrap 15 Mar [Video]
FXStreet TeamFXStreet TeamFXStreet

Solana price hits lowest point in six months, recovery likely as the Ethereum-killer leads in Web3 gaming

Solana price has dropped 69% over the past six months, hitting its lowest since August 2021. Analysts identify the Solana price chart's falling wedge pattern and predict recovery in the ongoing cycle. UK-based game development and animation studio founder believes Solana could leave Ethereum in the dust in Web3 gaming.

 

SafeMoon price traps bulls before another downswing

SafeMoon ( SAFEMOON) price action is on the back foot again, although cryptocurrencies in general are faring well after positive news on talks between Russia and Ukraine. SafeMoon price action looks to be an outlier with bears in the driving seat and not yet set to give up on their positions.

Chainlink price squeezes shorts out in bear trap

Chainlink (LINK) price action is on a rampage this morning as bulls are performing a breakout trade that pushes bears out of their positions. Over the weekend, price action dropped to lower levels but did not make new lows for the month.

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FXStreet Team

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.

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XRP recovery faces resistance as derivatives demand cools

XRP recovery faces resistance as derivatives demand cools

XRP holds support at the 50-day EMA, but the 200-day EMA may limit recovery. XRP bulls battle to regain control, while momentum indicators remain downward, weighing on price action.

Crypto Today: Bitcoin, Ethereum, XRP stabilize defying macro headwinds and ETF outflows

Crypto Today: Bitcoin, Ethereum, XRP stabilize defying macro headwinds and ETF outflows

Bitcoin is showing resilience, trading up above $76,000 on Thursday. The uptick follows the US Fed decision that hiked interest rates the day before. Meanwhile, ETH gains momentum toward $2,500, suggesting the return of bulls as macro headwinds settle.

Bitcoin extends cautious rebound as ETF outflows, hawkish Fed risks cap upside potential

Bitcoin extends cautious rebound as ETF outflows, hawkish Fed risks cap upside potential

Bitcoin extends rebound trading above $76,500 on Thursday after a mild recovery the previous day. The Fed’s hawkish outlook, alongside escalating Middle East tensions, could limit BTC upside potential.

Top Altcoins Price Forecast: Ripple, Cardano, Dogecoin – Downside risk looms amid market uncertainties

Top Altcoins Price Forecast: Ripple, Cardano, Dogecoin – Downside risk looms amid market uncertainties

Ripple edges higher to $1.30 on Thursday, supported by its 50-day EMA at $1.28. Cardano holds near the short-term support trendline, with bulls attempting to reclaim the 50-day EMA at $0.1994.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.