Cryptocurrencies Price Prediction: Ethereum Classic, Aave & Dogecoin — Asian Wrap 03 November


Ethereum Classic price takes a 6% hit as the Fed hikes interest rates by 75 bps

Ethereum Classic price suffered the blow of the Federal Reserve’s decision to increase the interest rates by 0.75% point in order to reduce inflation. While Bitcoin and other top cryptocurrencies did not display much volatility, most of the altcoins noted price drops resulting in a 2.6% decline in the total crypto market capitalization.


Will AAVE price overcome this resistance following V3’s deployment on the zkSync 2.0?

As the biggest lending protocol in the Decentralized Finance (DeFi) space, Aave holds a significant influence over the DeFi user base. With over $5.4 billion locked across all its versions, Aave’s expansion will be highly beneficial to its further growth.


Dogecoin price pumps as high-cap investors consider taking profit

Dogecoin price pulled off a jaw-dropping rally during the final days of October. The majority of the technical indicators suggest DOGE will continue to rise. Key levels have been defined to determine the notorious meme coin's next targets.


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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin Weekly Forecast: BTC holdings of large investors surges as Trump takes the Oval Office

Bitcoin Weekly Forecast: BTC holdings of large investors surges as Trump takes the Oval Office

Bitcoin trades in the green and hovers above $105,000 on Friday after hitting a new all-time high of $109,588 on Monday. CryptoQuant’s weekly report highlights that the demand for BTC from large investors surges as US President Donald Trump takes the Oval Office. 

More Bitcoin News
Dogelon Mars pumps more than 85%, whales dump 128 billion coins and realize a profit

Dogelon Mars pumps more than 85%, whales dump 128 billion coins and realize a profit

Dogelon Mars price continues its rally on Friday after rallying more than 18% this week. On-chain data shows that ELON whale wallets realized profits during the recent surge. The technical outlook suggests a rally continuation of the dog-theme meme coin, targeting double-digit gains ahead.

More Cryptocurrencies News
XRP lose steam, risks 20% decline despite Donald Trump's presidential executive order

XRP lose steam, risks 20% decline despite Donald Trump's presidential executive order

XRP investors realized over $500 million in profits in the past 48 hours. Short-term holders are responsible for most of the selling activity following CME's clarification on XRP futures. XRP could decline nearly 20% to $2.62 as bulls show signs of exhaustion.

More Ripple News
Crypto market outlook 2025: PayFI report highlights AI and Memecoins as key sectors to watch

Crypto market outlook 2025: PayFI report highlights AI and Memecoins as key sectors to watch

The global cryptocurrency market was sent agog this week as US President Donald Trump’s inauguration triggered a flurry of bullish catalysts. As traders navigate the volatile market trends, a Foresight ventures’ market outlook report shows key sectors to watch in the weeks ahead. 

More Cryptocurrencies News
Bitcoin: BTC holdings of large investors surges as Trump takes the Oval Office

Bitcoin: BTC holdings of large investors surges as Trump takes the Oval Office

Bitcoin (BTC) trades in the green and hovers above $105,000 on Friday after hitting a new all-time high of $109,588 on Monday. CryptoQuant’s weekly report highlights that the demand for BTC from large investors surges as US President Donald Trump takes the Oval Office.

Read full analysis
Trusted Broker Reviews for Smarter Trading

Trusted Broker Reviews for Smarter Trading

VERIFIED Discover in-depth reviews of reliable brokers. Compare features like spreads, leverage, and platforms. Find the perfect fit for your trading style, from CFDs to Forex pairs like EUR/USD and Gold.

Read More

BTC

ETH

XRP