Cryptocurrencies Price Prediction: Ethereum, Solana & Cryptos – American Wrap 22 October

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Cryptocurrencies Price Prediction: Ethereum, Solana & Cryptos – American Wrap 22 October
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Bitcoin trades at $67,184 early on Tuesday. The largest cryptocurrency by market capitalization is holding steady above the $67,000 level as traders speculate on the outcome of the US presidential election.

Crypto Today: Bitcoin price unchanged, Ethereum and XRP correct as US presidential election draws close Ethereum Price Forecast: ETH futures market seems overheated Ethereum declines for a second consecutive day on Tuesday after facing rejection around the $2,700 level the previous day. The downward move was supported by a mild outflow of over $20 million in US spot Ethereum Exchange Traded Funds .

Additionally, the high Estimated Leverage Ratio in the ETH futures market indicates an increased likelihood of a short-squeeze scenario. Solana Price Forecast: SOL ranks in the top 3 chains by revenue, gears up for gains Solana price edges slightly lower and trades at $166.73 at the time of writing on Tuesday after being rejected from Monday’s high of $171.76. The token of the Ethereum alternative blockchain is hovering just below $171, a resistance level tested only once in nearly two months.

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