Cryptocurrencies Price Prediction: Polkadot, Binance Coin & Terra — Asian Wrap 25 October
|Polkadot Price Prediction: One more flash crash to $5.30
Polkadot price might be setting up for a flash crash scenario. For the month, the DOT price is down 8%. However, the bears seem to be developing momentum as large bearish engulfing candlesticks accompanied by upticks in the volume are noticed within each declining rally.
These on-chain metrics suggest Binance Coin price will pump back to $280
Binance Coin price remains in bullish territory on the Relative Strength Index after pumping to extreme overbought territory. The bulls have breached and retested the 8-day exponential moving average. Invalidation of the bullish thesis is a breach below $270.
Terra's Luna Classic price could rally 15% this week, here's why
Terra's Luna Classic price is starting the final trading week of October on a bad foot. On October 24, the digital currency has been overcome by a bearish onslaught. During the weekend, LUNC price witnessed an applaudable uptrend bringing the market value up 10%.
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