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Cryptocurrencies Price Prediction: Solana, Shiba Inu and Bitcoin – European Wrap 20 December

Cryptocurrencies Price Prediction: Solana, Shiba Inu and Bitcoin – European Wrap 20 December
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Solana price gets relief after surprise Bank of Japan intervention

Solana (SOL) price jumped during the ASIA PAC trading session as a surprise yield curve intervention from the Bank of Japan shook up markets. This a perfect example to keep in mind that correlations are not always being abided by, as cryptocurrencies jumped while equities sold off in market woes. If crypto bulls can follow through with this rally in Solana price, expect to see them knocking at the door around $15.07, to print a new high for December.

Shiba Inu countdown hype dies, layer-2 scaling solution Shibarium launch nowhere on the horizon

The website of Shiba Inu (SHIB), the second-largest meme coin, was redesigned by developers, disappointing the huge hype of its community. SHIB holders expected the website countdown to be followed by the launch of layer-2 scaling solution Shibarium. Shytoshi Kusama, Shiba Inu’s project head, apologized to the community...

Shiba

These whales are accumulating Bitcoin and stables in millions, forecasting a bullish 2023 for cryptos [Video]

A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next. 

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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 defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.