Cryptocurrencies Price Prediction: Solana, Bitcoin & Chainlink – American Wrap 05 September

FXStreet Team FXStreet

Solana price jumps 7% as Visa outlines plan to use SOL blockchain for USDC payments

Solana (SOL) price has stayed glued to monthly lows over the past week despite an influx of funds from institutional players reaching up to $700,000. This capital inflow and a steady rise in Total Value Locked (TVL) failed to catalyze an uptrend for SOL, but things seem to have changed following a recent announcement.

Bitcoin price rally likely in around six to twelve months: Arthur Hayes

Bitcoin price is up 26% year-to-date. This rally likely originated on March 10 and is likely to continue in the next six to twelve months, former BitMEX CEO Arthur Hayes said Tuesday in a speech at the Korea Blockchain Week, according to a Cointelegraph report.

Chainlink Price Forecast Q4: Bullish momentum hints at a 25% rally for LINK

Chainlink price could trigger a rally on the daily and three-day time frame, while the outlook of the higher weekly time frame remains indecisive. Investors should pay attention to on-chain metrics that could show whales starting to buy the dip for the LINK token.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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