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Cryptocurrencies Price Prediction: Avalanche, Aptos & Polkadot — Asian Wrap 20 October

Cryptocurrencies Price Prediction: Avalanche, Aptos & Polkadot — Asian Wrap 20 October
FXStreet TeamFXStreet TeamFXStreet

Avalanche Price Prediction: Bears enter the market aiming for $13

Avalanche price is declining in stair-step fashion, hinting at an explosive move to come. AVAX price shows an influx of bearish volume after breaching the 8-day exponential moving average. Invalidation of the bearish thesis is a breach above $17.


Aptos token plummets after the launch amid blockchain’s contentious tokenomics

In a Terra 2.0-esque launch, a new blockchain Aptos noted a terrible crash on Wednesday. The highly anticipated blockchain launched its mainnet on October 18. Aptos noted significant hype surrounding the chatter of the blockchain being a “Solana killer”, but the launch was a hype killer.


Polkadot beats Ethereum, Solana and Bitcoin in terms of development activity

Polkadot blockchain recognized more than 500 contributions a day in September 2022. Based on data from programming repository GitHub, Polkadot’s development activity has exceeded that of Near, Ethereum, Solana and Avalanche.

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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.

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XRP edges higher as bullish derivatives, EMA support underpin breakout prospects

XRP edges higher as bullish derivatives, EMA support underpin breakout prospects

Ripple (XRP) is grinding upward and getting closer to a short-term breakout above $1.40 on Tuesday. This uptick follows the remittance token's defense of support at $1.38, after a short-lived attempt to breach selling pressure at $1.50 last week.
Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless (USELESS) extends its upward trajectory, trading above $0.26 on Tuesday. The meme coin shows strong breakout potential after establishing firm support at $0.20, following an impressive 260% rally from lows near $0.15 on September 1 to a peak of approximately $0.32 last Saturday.
Bitcoin ETFs are still $1 billion shy of breaking even in 2026

Bitcoin ETFs are still $1 billion shy of breaking even in 2026

While investor demand for U.S.-listed spot Bitcoin exchange-traded funds (ETFs) has rebounded in recent weeks, net flows for the year remain firmly in the red. A spectacular August brought in a massive $3.52 billion in fresh capital, followed by a solid $770.15 million so far this month, according to data source SoSoValue.
Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Ripple (XRP), Cardano (ADA), and Solana (SOL) maintain a consolidative tone, struggling to sustain their upside momentum. The technical outlook for XRP, ADA, and SOL suggests downside risk as altcoins struggle to advance their August gains. Ripple trades around $1.40 at press time on Tuesday, holding a constructive bias above its 200-day Exponential Moving Average (EMA) at $1.3550.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.