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Cryptocurrencies Price Prediction: SUI, Cryptos & XRP – American Wrap 10 February

SUI gears for over 20% gains amid TVL growth

SUI, the native token of the Layer 1 blockchain, is rallying on Monday, attempting a break out of its downward trend that started on January 6. The token eyes further gains riding on bullish catalysts. 

SUI TVL

The crypto market creeps down but does not capitulate

Crypto market capitalisation has been hovering in the $3.15-3.20 trillion range for the past few days. Although the initial reason for the collapse a week earlier was cited as fears of trade wars, cryptocurrencies, unlike the stock and currency markets, have not recovered from that blow. Which brings us to the worrying sentiment.

These catalysts could fuel rally in XRP price amidst recent developments

Ripple partnered with Unicâmbio, a Portuguese currency exchange provider, according to an announcement made on Monday. Other key market movers influencing XRP price this week include the progress of XRP Exchange Traded Funds (ETFs) filings and bullish on-chain metrics. 

XRP
 

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