Cryptocurrencies Price Prediction: Fantom, Crypto & Ripple – European Wrap 27 May
|Fantom price could rally 20% but needs to test major support level first
Fantom (FTM) price has lost some steam after the sharp increase registered from May 15 to May 20 but looks poised for further gains, technical indicators and on-chain data show. However, before this happens, a decline to test a major support range is needed so the rally can continue.
FLOKI, MAGA tokens post double-digit rally with bullish on-chain metrics
Crypto intelligence tracker Lookonchain identified a large wallet investor who has accumulated FLOKI (FLOKI) and MAGA TRUMP (MAGA) tokens, in exchange for Ether, since April 8. The tracker identified the wallet’s purchases and noted an unrealized gain of over $3.5 million, as the assets rallied.
XRP ETF could gain approval in 2025, Ripple holders await lawsuit ruling
Ripple (XRP) holders are awaiting a ruling in the Securities and Exchange Commission’s (SEC) lawsuit against the payment remittance firm. A court ruling was awaited in May 2024, however there is no update, as of Monday, May 27.
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