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Cryptocurrencies Price Prediction: Binance Coin, Casper & Chainlink — Asian Wrap 29 January

Binance Coin Price Prediction: BNB nurtures a V-shaped recovery with 10% gains in sight

Binance Coin (BNB) price has been consolidating within a descending parallel channel after recording a local top around the $338.3. However, the BNB price found support, and now a recovery rally is in motion.

Casper Price Prediction: Despite a 40% crash in January, CSPR holders could still see more downside

Casper (CSPR) price has suffering a terrible first month of 2024, with token holders losing nearly 40% of the token’s market value in a steep run south. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and decentralized applications (DApps) on a global scale.

Chainlink Price Prediction: LINK poised for a move up as network powers tokenized RWAs at scale

Chainlink (LINK) price volatility remains visible on the daily timeframe, as the price moved horizontally within a wide but fixed range between the 50% and 100% Fibonacci levels of $11.66 and $17.74 respectively.

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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB, formerly known as Binance Coin, continues to trade down around $855 at the time of writing on Tuesday, after a slight decline the previous day. Bearish sentiment further strengthens as BNB’s on-chain and derivatives data show rising retail activity.

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster, Midnight, and Ethena are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin dropping below $86,000. ASTER, NIGHT, and ENA risk further losses as selling pressure mounts and risk-off sentiment spreads across the crypto market.

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

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Strategy scoops about $1 billion in Bitcoin for second consecutive week

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.