Cryptocurrency Value Prediction: Bitcoin, Solana and Cardano – European Wrap Jan 27 – FXStreet

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Bitcoin price action prompted a significant amount of buying during the early New York trading session, up more than 5%. Likewise, Ethereum price has rallied over 24% from the weekly lows. XRP price continues to lag behind BTC and ETH in performance, but a rally of its own is likely to develop very soon.

Solana price, like most of the cryptocurrency market, has suffered significant losses. SOL is down 69% from the all-time high, but a significant retracement of that loss is imminent.

Cardano price is struggling to push prices higher even though selling pressure has eased. ADA may remain sealed in a consolidation chart pattern as the token is facing stiff resistances as buyers attempt to target higher levels.

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