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Cryptocurrencies Price Prediction: AVAX, Polkadot & Bitcoin– American Wrap 24 February

Cryptocurrencies Price Prediction: AVAX, Polkadot & Bitcoin– American Wrap 24 February
FXStreet TeamFXStreet TeamFXStreet

AVAX Price Prediction: Despite an almost 10% crash, Avalanche shows optimistic signals

AVAX price has managed to perform phenomenally to recover the losses it faced back in November 2022. However,  Avalanche has ended up imitating Bitcoin’s price action. Regardless, the altcoin is safe from any downfall, provided these conditions are met.
AVAX/USD 1-day chart
Polkadot ecosystem is preparing for its summit at the ETH Denver 2023 event. DOT started its short-term uptrend on December 30, 2023 and bulls are targeting the $9 level for the altcoin. 
DOT/USDT price chart
BlueWallet is sunsetting its lightning node connection to Lndhub, according to an official statement. BlueWallet will cease custodial lightning operations, meaning that BlueWallet users of the Bitcoin (BTC $23,822) Lightning Network must connect to nodes to continue using BlueWallet lighting services.

BTC/USD

Overview
Today last price23050.74
Today Daily Change-892.03
Today Daily Change %-3.73
Today daily open23942.77
 
Trends
Daily SMA2023254.65
Daily SMA5021792.13
Daily SMA10019276.94
Daily SMA20019779.62
 
Levels
Previous Daily High24598.6
Previous Daily Low23616.84
Previous Weekly High25254.58
Previous Weekly Low21370.42
Previous Monthly High23962.97
Previous Monthly Low16491.68
Daily Fibonacci 38.2%23991.87
Daily Fibonacci 61.8%24223.57
Daily Pivot Point S123506.88
Daily Pivot Point S223070.98
Daily Pivot Point S322525.12
Daily Pivot Point R124488.63
Daily Pivot Point R225034.49
Daily Pivot Point R325470.39

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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 Price Prediction: XRP tests major support at $1.00

XRP Price Prediction: XRP tests major support at $1.00

Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.
Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

The cryptocurrency market is stabilizing on Friday as prospects for de-escalation in Middle East geopolitical tensions improve. Artificial Intelligence (AI)-focused tokens such as Chainlink (LINK), Near Protocol (NEAR), and Bittensor (TAO) continue to face selling pressure, yet are defending key technical support levels.
Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Spot Bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, Bitcoin remains steady at $64,700, while options flow favors protection at $62,000 and $63,000. The opposing signals point to a market with a spot bid but limited conviction.
Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout. Meanwhile, Ripple (XRP) maintains a dominant bearish outlook, edging lower toward the crucial $1.00 support.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.
Cryptocurrencies Price Prediction: AVAX, Polkadot & Bitcoin– American Wrap 24 February