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Cryptocurrencies price prediction: XRP, ZEC & Solana – American Wrap 25 August

Cryptocurrencies price prediction: XRP, ZEC & Solana – American Wrap 25 August
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Forecast: XRP bullish momentum holds near $1.50

Ripple (XRP) upholds a strong bullish outlook, while consolidating near $1.50 on Tuesday. A 72% rally last week pushed the token to $1.70 before it pulled back to seek support amid possible profit-taking and an overstretched market trend.

ZEC Price Forecast: ZEC eyes $900 breakout as Grayscale launches first US-listed Zcash ETF

Zcash (ZEC) retains a strong bullish outlook on Tuesday, trading at $842. Since early last week, the privacy-focused token’s value has risen more than 72%, underscoring a sudden shift in market sentiment from risk-averse to risk-on. If the short-term support holds, consolidation above $800 could raise the odds of a breakout above $900 and later toward $1,000.

Solana ETFs extend growth streak to five days after year's biggest inflows

US spot Solana (SOL) exchange-traded funds (ETFs) extended their inflow streak to a fifth day on Monday, adding $33.5 million in the largest single-day total this year.

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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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