|

Cryptocurrencies Price Prediction: ApeCoin, Hedera & VeChain — Asian Wrap 01 March

Litecoin price could explode to $100 due to this LTC accumulation pattern

Litecoin price shows a bullish setup on the one-hour timeframe, which is getting ready for a breakout. If played correctly with leverage and risk, this outlook could yield LTC futures traders a neat little chunk of profit.

Hedera Hashgraph Price Prediction: HBAR points south but the macro setup suggests otherwise

Hedera Hashgraph price shows short-term bearish trading within an overall strong uptrend. Traders should keep their eyes on the technicals in search of a market reversal signal. 

VeChain Price Prediction: Can bulls recover after six consecutive days of losses?

VeChain price has declined nearly 10% over the last six days, marking the longest declining streak for the token in 2023. Despite the profit-taking move, VET’s technicals are still in line with the overall bullish uptrend. The Relative Strength Index (RSI) suggests that the uptrend rally, which is 80% above its origin point at $0.015, still has the potential to extend higher. 

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano is trading near $0.170 at the time of writing on Friday after staging a modest rebound from last week's sharp correction. However, the recovery remains fragile as large holders have resumed reducing their positions, adding fresh selling pressure to ADA.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.