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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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Cardano Price Forecast: Extends losing streak to five weeks as bears gain control

Cardano Price Forecast: Extends losing streak to five weeks as bears gain control

Cardano steadies around $0.176 on Monday after declining over 9% last week and marking the fifth straight week of losses since early October. Bearish price action is further supported by large whale cohorts reducing their ADA holdings. In addition, weakening on-chain data and a deteriorating technical outlook suggest that ADA could face further losses.

Zcash Price Forecast: ZEC loses steam as ETF selling weighs on recovery

Zcash Price Forecast: ZEC loses steam as ETF selling weighs on recovery

Zcash attracts some buyers on Monday, edging higher after two straight days of losses. The privacy coin saw $13 million in total outflows from institutional investors, while its retail appeal remains mixed. The technical outlook for Zcash suggests it is losing steam as the price continues to consolidate between $1,112 and $1,340.

Top 3 Price Predictions: Bears in control, with next support at BTC $70,000, ETH around $2,000 and XRP near $1

Top 3 Price Predictions: Bears in control, with next support at BTC $70,000, ETH around $2,000 and XRP near $1

Bitcoin, Ethereum, and Ripple bears remain in control, with the top three cryptocurrencies correcting over 4%, 6% and 10%, respectively, last week and marking their fifth consecutive weeks of losses. BTC trades around $75,530 on Monday after closing below key Exponential Moving Average, leaving the $70,000 level as its next major support.

Stronger than expected NFP sends Bitcoin to $74,888 signalling a new phase of global markets stress

Stronger than expected NFP sends Bitcoin to $74,888 signalling a new phase of global markets stress

The global macro landscape entered a new phase of volatility today as the latest U.S. Nonfarm Payrolls report delivered a significantly stronger‑than‑expected reading, reshaping rate expectations and triggering a broad risk‑off move across equities, crypto, and commodities.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.