Top 3 Price Prediction Bitcoin, Ethereum and XRP: Bitcoin slumps to $10,700 as bears return
Cryptocurrencies are in red on Wednesday as we usher in the European session. Major digital assets such as Bitcoin, Ethereum, and XRP have been capped under key resistance levels at $11,000, $360, and $0.25 in that order. On the contrary, some selected cryptocurrencies like Cosmos (ATOM) and THETA are up 12% and 9%, respectively. On the other extreme end, UMA is among the worst-hit digital assets, after plunging more than 10% over the last 24 hours. Read more ...
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Stellar Price Analysis: XLM prints a scary bearish pattern on its monthly chart
Stellar (XLM) is the 18th largest digital asset with a current market capitalization of $1.5 billion and an average daily trading volume of $115 million. The coin is most actively traded at Binance against USDT and BTC. The coin, created by Jed McCaleb, came to life in July 2014 as a primary competitor of Ripple. Read more ...
Ren Technical Analysis: REN’s splendid recovery stalls as bears swing into action
Ren is among the few cryptocurrencies that sustained an uptrend in the last week. Before the recovery, a breakdown that came into the picture in the first week of September saw the token explore the rabbit hole to lows of $0.16. A reversal on September 20 sent REN/USD piercing through various resistance zones, including $0.20 and $0.24. Unfortunately, the majestic spike ground into a halt beneath $0.25. Read more ...
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Bitcoin Price Forecast: Analysts anticipate increased volatility as the US presidential election looms
Bitcoin price teased its all-time high of $73,777 last week but declined to trade below $69,000 on Monday. Analysts suggest that market volatility is expected to rise as the US presidential election approaches.
Litecoin poised for double-digit decline after breaking ascending trendline
Litecoin breaks and closes below an ascending trendline, signaling a change in market structure. On-chain metrics paint a bearish picture, as LTC’s dormant wallets are active, and the NPL indicator shows a negative spike.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP decline ahead of US elections
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all faced resistance at crucial levels ahead of the US Elections, leading to a price decline. As of Monday, they neared key support levels, and a firm close below these marks could signal further declines.
21Shares files S-1 for XRP ETF amid ongoing tension between Ripple and SEC
21Shares filed an S-1 registration with the Securities and Exchange Commission (SEC) on Friday for an XRP exchange-traded fund (ETF). While the chance of approval is slim with the current SEC administration, the landscape could change after the upcoming elections.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
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