Cryptocurrencies Price Prediction: Cardano, FTT & Polkadot — Asian Wrap 01 November

Cardano price reclaims critical support level after sinking to 22-month lows

Cardano price has been terrifying investors and traders worldwide after dipping significantly recently. Although it gained back all that it lost in the following couple of days through the broader market bullish cues and the increase in investors' activity. However, it still has a long way to recovery.


FTT price rises by 16% in ten days, bringing investors' losses to a two-month low

FTT price, following the broader market signal, observed a significant increase over the last ten days. However, beyond the bullish cues, the development noted by the FTX exchange itself also contributed to this price rise. The rally also turned things around for many FTT investors, resulting in much-awaited profits.\


Polkadot Price Prediction: DOT eyes short-term pullback ahead of its $10-bound move

Polkadot price is on the cusp of snapping out of a bullish breakout to $6.90. Apart from Binance Coin (BNB), most crypto assets are back in the red, with DOT also set to retreat further before continuing with its northbound move to $10.00. 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.