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Cryptocurrencies price prediction: XRP, Solana & Cryptos – American Wrap 07 April

Cryptocurrencies price prediction: XRP, Solana & Cryptos – American Wrap 07 April
FXStreet TeamFXStreet TeamFXStreet

XRP extends decline amid muted ETF activity

Ripple (XRP) is trading under pressure on Tuesday and holding support above $1.30 at the time of writing. Its near-term bias has remained largely bearish amid the war in the Middle East. Moreover, sentiment remains extremely weak in the broader crypto market, as reflected in muted institutional activity and suppressed retail demand.

Solana Price Forecast: SOL extends correction below $80 as bearish bets surge

Solana (SOL) edges lower below $80.00 at the time of writing on Tuesday, weighed down by negative sentiment due to the United States (US) and Israel’s war with Iran. Investors across global markets have remained jittery since late February, when the war broke out, with sentiment in the crypto industry staying in extreme fear territory.

Crypto Today: Bitcoin, Ethereum, XRP risk extending pullback amid suppressed market sentiment

The cryptocurrency market is sending mixed signals on Tuesday, with some coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) cooling, while Zcash (ZEC) and SPX6900 (SPX) are breaking out.

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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.

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