Cryptocurrencies Price Prediction: Solana, Shiba Inu and Chainlink – European Wrap 30 June

FXStreet Team FXStreet

These three cryptos could soon recover and reach new all-time highs

From a technical perspective, Solana price has set up four higher highs and four higher lows since May 18. Connecting trend lines from these swing points shows that SOL is consolidating in a symmetrical triangle pattern.

Shiba Inu price to retest crucial support before SHIB bulls set up next advanc

Shiba Inu price has recently broken out of a bearish formation, introducing the potential for a new rally. SHIB escaped above a critical resistance trend line that has acted as a possible turning point for the meme coin’s disappointing returns since the May crypto market crash.

Chainlink adoption continues to scale as LINK price contemplates 51% upswing

Chainlink price is setting the stage for a massive bull rally that will shift the trend from bearish and choppy to bullish.

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FXStreet Team

FXStreet

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.

Ripple and Stellar outlook: XRP and XLM await direction amid cautious sentiment

Ripple and Stellar trade cautiously as both tokens hover around key technical levels. XRP is testing resistance at its 50-day EMA, while XLM continues to consolidate around the $0.187 support zone. Meanwhile, mixed derivatives data with a slight bearish tilt suggests traders remain cautious, keeping the next directional move uncertain.

Crypto Market Overview: Bitcoin recovery eases – HBAR and LDO test key resistance zones

Bitcoin edges below $66,000 extending the previous day's losses. Hedera and Lido DAO sustain bullish momentum, testing the breakout of a crucial resistance zone to extend their rally. CoinMarketCap’s Fear and Greed Index at 39 stalls below the neutral territory, indicating that sellers remain dominant.

Senate Republicans release updated CLARITY Act with new crypto ethics restrictions

Senate Republicans released an updated version of the Digital Asset Market CLARITY Act on Wednesday following briefing calls with stakeholders. The update adds a package of ethics restrictions targeting digital asset activities by public officials and their spouses.

Hyperliquid, Robinhood could lead crypto’s next bull market as DeFi and TradFi converge

The next crypto bull market could be driven by the growing convergence between blockchain-based financial infrastructure (on-chain) and traditional finance (TradFi), according to Bitwise CIO Matt Hougan. In a report published late Tuesday, Hougan argued that crypto may be showing early signs of a market bottom, with Bitcoin gaining 9% since July 1 even as the NASDAQ 100 declined 6%.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.