Top Crypto Price Prediction Today, October 21 – Xrp, Solana, Bnb Coin

What Happened

Crypto Price Prediction: XRP ($XRP) – Altcoin Set to Surge As ETFs Prepare to Launch

It’s waiting on the (imminent) launch of more than ten XRP ETFs, which will boost its price in the way that ETFs boosted Bitcoin and Ethereum.

On top of this, Ripple has been growing vigorously since finally settling with the SEC in August, with the company making acquisitions, announcing new partnerships and expanding into new areas.

Recent months have also seen a wave of companies announce SOL reserve strategies, something which will boost demand for the coin over the longer term.

And when combined with the likely launch of SOL ETFs very soon, the next few months could be massive.

We may need a catalyst for a renewed rally, such as ETF launches, but once such a catalyst arrives, these technicals and SOL’s fundamentals could push the coin’s price up substantially.

Market Context

The market has taken another dive today, with a mix of liquidations and recession-related fears serving to depress the crypto price prediction for XRP, Solana and BNB Coin.

Aside from maybe Bitcoin, Ethereum, Solana and BNB, XRP is in a better position than any other token to return to strong growth once the market stabilizes.

Crypto Price Prediction: Solana ($SOL) – L1 Growth and Strategic Reserves Will Push SOL to New Highs

Yet the positive to take from this is that this underperformance could result in Solana outpacing the wider market once the general mood becomes more bullish.

Crypto Price Prediction: BNB Coin ($BNB) – Exchange Token Riding Momentum of Recent Record High

Why It Matters

They could set new records by the end of the year, while a promising new token could also storm the charts once it lists in the coming weeks.

We could therefore see XRP return to $3 in the latter half of November, before ending the year close to $5.

It could return to $250 in November, before ending the year above $400.

Details

But while these three tokens have fallen within the past 24 hours, their fundamentals remain as strong as ever, with all three poised to rebound vigorously once the mood becomes more bullish.

XRP has dropped by 2.5% today, as its liquidations within the past 24 hours near $9 million.

At $2.41, it’s also down by 20% in what has been a difficult month, yet it holds on to a very healthy 340% increase in a year.

Such factors make the oversold character of its chart look very bullish, implying that a big recovery should arrive sooner or later.

If we look at its MACD (orange, blue), for example, we see that it has been declining for a week or so now, and is close to bottoming.

Once it does, the coin should be in line for a big rally, as increasingly bullish buyers take the opportunity to buy it at a steep discount.

Solana has fallen by 4.5% in the past 24 hours, and at $184, it has also suffered a 6% loss in a week and a 23% decline in a month.

It’s also disappointing to note that SOL has booked only a 9% increase in the last 12 months, which is distinctly lower than the annual gains we’ve seen with other top-10 tokens.

There’s every reason to be confident in Solana, which remains the second-biggest L1 network in terms of total value locked in, behind only Ethereum.

From its chart, we also see that SOL is very close to a bottom, judging by its relative strength index (yellow) and MACD.