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Cryptocurrencies Price Prediction: Solana, Shiba Inu & Bitcoin – American Wrap 25 October

Solana bulls buy in anticipation of SOL price surpassing $270

Solana (SOL) price has been on a tear after posting its sixth consecutive daily bullish candle. With the pop back above the monthly R1, expect new all-time highs to be reached soon as favorable tailwinds are nowhere near to fade anytime soon. The Relative Strength Index (RSI) is introducing a note of caution when it comes to SOL making further highs. 

Shiba Inu to flip Dogecoin as analysts see SHIB price rising to $0.01

Shiba Inu token emerged as the third most traded cryptocurrency in the past 24 hours after hitting a new all-time high. Experts have predicted that the memecoin will soon rank in the top 10 cryptocurrencies by market capitalization. 

Bitcoin price set for another upswing to $69,000

Bitcoin (BTC) price respected a critical support level on Sunday to keep the uptrend intact. BTC price action on Monday reveals bulls are still in complete control of Bitcoin price, and new all-time highs look to be the target for this week. With more positive tailwinds emerging, Bitcoin price could hit $69,123 in the coming days.

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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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Bitcoin: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.