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Cryptocurrencies Price Prediction: XRP, Cryptos & Solana – American Wrap 15 October

Cryptocurrencies Price Prediction: XRP, Cryptos & Solana – American Wrap 15 October
FXStreet TeamFXStreet TeamFXStreet

XRP steadies above $0.54, Ripple announces exchange partners at Swell 2024

Ripple (XRP) holds steady above key support at $0.54 on Tuesday as payment remittance firm Ripple makes announcements regarding exchange partners for its stablecoin RLUSD that is in the final stages of its launch. 
XRP

Bitcoin trades at $65,777, down less than 1% on the day. Larry Fink, the CEO of asset management giant BlackRock, said that Bitcoin is an asset class in itself. The executive talks about institutions allocating capital to BTC, saying it reminds him of the early days of the mortgage market. Now at $11 trillion in market cap, Fink doesn’t think the outcome of the US Presidential election will make a difference to BTC. 

STORJ
Solana (SOL) sees a volatile trade on Tuesday, with a whipsaw move in the early American session. After recovering initial daily losses and extending its recent upward move aiming to recapture the $160 level, SOL’s price sharply declined in the last hour. At the time of writing, SOL trades at $151.69, erasing nearly 4% value in the day.
SOL
 

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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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XRP under pressure as derivatives soften and 200-day EMA support is tested

XRP under pressure as derivatives soften and 200-day EMA support is tested

XRP faces intensifying headwinds, trading at $1.37 on Tuesday, while the 200-day EMA provides immediate support. XRP remains vulnerable to further downside, as weakening momentum signals continue to exert pressure.

Crypto Today: Bitcoin, Ethereum, XRP struggle to extend gains despite ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP struggle to extend gains despite ETF inflows

Bitcoin stalls while holding above $78,000 support as ETF inflows return. Ethereum takes a breather around $2,450 amid sustained institutional support. XRP remains pressured as the 200-day EMA provides immediate support.

Bitcoin kicks off September with strength after 25% August surge

Bitcoin kicks off September with strength after 25% August surge

Bitcoin starts September on a stronger footing after delivering a nearly 25% monthly return in August, its best performance in 21 months. BTC is trading above $78,900 on Tuesday, while renewed spot ETFs inflows and Strategy’s latest Bitcoin purchase signal continued institutional demand.

Bonk eyes breakout rally as retail demand rises

Bonk eyes breakout rally as retail demand rises

Bonk price is up 7% on Tuesday, building on the previous day’s 7% gains to reclaim the 14% loss from last week. A Solana-based meme coin is gaining retail attention as speculative, leverage-driven demand has lifted BONK Open Interest by 35% over the last 24 hours.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.