Cryptocurrencies Price Prediction: Stellar, Ripple & Bittensor — Asian Wrap 31 July

FXStreet Team FXStreet

Stellar Price Forecast: XLM flashes bullish potential as accumulation zone emerges

Stellar (XLM) price trades within a bullish pennant pattern at $0.42 at the time of writing on Thursday, hinting at a potential bullish continuation. On-chain and derivatives data suggest sidelined retail traders may be creating room for smart money accumulation, while positive funding rates and rising bullish bets add to the bullish case.

Ripple Price Prediction: XRP consolidates ahead of Fed interest rate decision, US crypto policy report

Ripple (XRP) upholds support above $2.95 on Wednesday amid growing concerns about the upcoming Federal Reserve (Fed) decision on interest rates. While market participants generally expect the central bank to leave interest rates steady in the range of 4.25% to 4.50%, Fed Chair Jerome Powell's remarks would provide insight into the monetary policy direction, forming the foundation of risk sentiment ahead of the next meeting in September.

Bittensor faces volatility surge as AI token market cap drops 13% in a week

Bittensor (TAO) is declining alongside other Artificial Intelligence (AI) tokens on Wednesday amid a surge in volatility as the market awaits the Federal Reserve (Fed) interest rate decision on Wednesday. TAO is down over 4% on the day, trading at $368 at the time of writing as bulls search for a robust support toward $350. Despite the correction from July peak levels of $499, the futures Open Interest (OI) remains relatively high at $384 million, up slightly from $365 million.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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