TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: XRP, Litecoin & BNB – American Wrap 10 October

Cryptocurrencies Price Prediction: XRP, Litecoin & BNB – American Wrap 10 October
FXStreet TeamFXStreet TeamFXStreet

XRP Price Prediction: Lock in the gains now before it's too late

XRP price is retracing its steps after rising to $0.5477 over the weekend. Its peers, like Bitcoin (BTC) and Ethereum (ETH), showed strength early Monday but quickly resumed their dominant sluggish movements.

Litecoin (LTC) price action jumped this Monday morning despite worries out of China after news COVID-19contaminations suddenly jumped to a three-month high. This might indicate a market dislocation is unfolding in which cryptocurrencies rally in a risk-off environment.
Binance Coin price is seeking relief from a sell-off after reports of a hack attack on the BSC (Binance Smart Chain) protocol. Before the hacker made away with $100 million worth of BNB on October 6, Binance Coin price rallied, almost brushing shoulders with $300. Meanwhile, BNB exchanges hands 7.96% below its monthly high ($299) and amidst risks of extending its down leg to $268.

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

XRP rebounds on surging whale accumulation

XRP rebounds on surging whale accumulation

Ripple (XRP) holds above $1.40 support on Wednesday, as bulls return to take control following three consecutive days of declines. The remittance token’s upside appears capped at $1.50 while extended gains would face additional resistance at $1.70.

Bitcoin extends gains as investors shift to debasement-resistant assets

Bitcoin extends gains as investors shift to debasement-resistant assets

Bitcoin extends rally toward $80,000 amid persistent bullish momentum. Bitcoin’s SOPR indicator above 1 signals mild profit-taking, and a continued trend could suggest steady price growth as buyers absorb supply.

Crypto Today: Bitcoin, Ethereum, XRP bulls regain strength amid steady capital inflows

Crypto Today: Bitcoin, Ethereum, XRP bulls regain strength amid steady capital inflows

Cryptocurrency prices are broadly edging higher on Thursday, led by Bitcoin’s uptick near $80,000. Altcoins mirror Bitcoin’s short-term bullish outlook, with Ethereum trading above $2,500 and Ripple hovering above its key $1.40 support.

Cardano risks steeper decline amid easing retail demand 

Cardano risks steeper decline amid easing retail demand 

Cardano is trading in the red on Thursday, with roughly 10% losses so far this week, suggesting capitulation after last week’s 30% rally. Waning retail demand in ADA futures amid declining Open Interest and funding rates suggests capitulation speculation.

Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.