CandleFocus

Crypto price predictions: Quant, Mantra, Ripple XRP

The crypto market remained relatively stable this week, with Bitcoin and Ethereum trading below $60,000. The total market valuation of cryptocurrencies held steady at $2.04 trillion, but the fear and greed index moved into the fear zone. The main catalyst for digital coins was the US inflation data, which indicated that the Fed may start cutting rates. The Bank of Japan's upcoming meeting poses a risk as it could trigger a yen carry trade unwind. The article provides price predictions for Quant (QNT), Mantra (OM), and Ripple (XRP). Quant saw a significant increase, reaching its highest point since July. Mantra has been performing well due to demand for tokenization assets and its strong staking yield. Ripple's XRP price has been relatively flat, but the launch of a Ripple stablecoin and the Grayscale XRP Trust could impact its performance.

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