Cryptocurrencies Price Prediction: XRP, Cardano & Cryptos – American Wrap 13 October

FXStreet Team FXStreet

XRP price extends losses as Ripple CTO counters Cardano founder by calling SEC corrupt

XRP price has invalidated in nine days all the gains it registered throughout the second half of September. However, this has not suppressed the bullishness of Ripple enthusiasts, including members of the firm who are defending XRP religiously.

Cardano's TVL soars with development activity, ADA price lags

Cardano, a well-known Layer-1 Ethereum competitor, is inching closer to a new 2023 peak in terms of total value locked (TVL) even as its native token, ADA, lingers far from its all-time high. Recently, Cardano topped in monthly development activity, beating Polkadot and Kusama.

Frax Finance's Fed yield-matching staking vault attracts $30M, FXS steady

Frax's governance token FXS is in stasis as the decentralized finance protocol's nascent high-yielding staking product draws millions in investor money.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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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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