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

FXStreet Team FXStreet

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.

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FXStreet Team

FXStreet

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Japanese Yen gains after hawkish Fed hold

USD/JPY trades near the 163.60 area on Wednesday, recovering from its immediate post-announcement decline as investors assess a generally hawkish Federal Reserve (Fed) monetary policy decision. The Federal Open Market Committee (FOMC) left the Fed funds rate unchanged within the 3.50%–3.75% range, as widely expected.

XRP edges up as Flare simplifies staking process

Ripple (XRP) holds modest gains, trading around $1.08 at the time of writing on Wednesday. The remittance token mirrors the general neutral-to-bullish outlook in the crypto market, as focus shifts to the Federal Reserve (Fed) rate decision. Market participants widely expect the Fed to leave interest rates unchanged in the 3.50%-3.75% range.

Crypto Today: Bitcoin, Ethereum, XRP post modest gains ahead of Fed rate decision

Cryptocurrency prices are broadly stable on Wednesday ahead of the Federal Reserve (Fed) interest rate decision. Bitcoin (BTC) holds above $64,000 but is struggling to sustain its rebound while Ethereum (ETH) sits above the short-term $1,900 support. Meanwhile, Ripple (XRP) is approaching the pivotal $1.10 resistance, a level that could shape the token’s upward trajectory if it is breached.

Bitcoin muted as markets fret over Fed, crypto bill

There are two main drivers for crypto this week, keeping Bitcoin trapped within its $58,000-$65,000 summer consolidation range. The cautious tone is being set by the Fed's policy decision scheduled later on Wednesday, a key catalyst for risk assets.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

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