Cryptocurrencies Price Prediction: Ripple, Terra & Bitcoin — Asian Wrap 29 September


XRP Price Prediction: Trade against retail, you'll win every time

XRP price is showing applaudable retaliation signals. Since September 25, the bears have conquered the market, forging a 20% loss in market value for the digital remittance token. Invalidation of the bullish thesis is a breach of $0.31.

 

Terra Luna Price Prediction: Why the call for a 10x bull run may have been made premature

Tera's LUNA price could take investors by surprise in the coming days. Since August, the forecast was made that LUNA could potentially 10x in market value based on on-chain and technical analysis. During the second week of September, LUNA pulled off a whopping 3x rally within 24 hours.


Bitcoin set to reclaim $20,000 as Lightning Lab releases Taro protocol code to “Bitcoinize the dollar”

The Taro protocol from Lightning Labs has been created to become the world’s financial network for Bitcoin transactions and transfers. The Taro network will be developed to support the transfer of assets over Bitcoin and later the lightning network for instant and cheap settlement.


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Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.

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Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week. 

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