Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Polkadot – European Wrap 29 August
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Can bulls make a strong comeback this week?
Bitcoin price is showing signs of pausing its downtrend with growing hints of a recovery. Investors need to wait for confirmation, however, before getting more seriously bullish. Ethereum and Ripple await the big crypto’s cue to do the same.
Ethereum funding rate drops to the floor, what to expect from ETH price?
Ethereum funding rates are similar to the level observed in July 2021, ahead of a massive rally in Bitcoin and ETH. The funding rate – the difference between the perpetual contract prices and short prices of an asset – is a key metric to predict crypto trend reversals.
Polkadot price needs to juice up before rallying 40%
Polkadot price is currently hovering around a crucial level that could result in an uptick in buying pressure and a rally. However, sellers could trigger another liquidity hunt before attempting a run-up.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.