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Cryptocurrencies Price Prediction: AVAX, SafeMoon & Polkadot — Asian Wrap 07 Oct

AVAX price must return to $66 to keep bullish momentum

AVAX price remains one of the best performing altcoins during the second half of 2021. But its price action over the past two weeks leaves much to be desired and could be a warning of sustained congestion or a future correction. A return to $66 would confirm a resumption of the uptrend.

SafeMoon price to extend rally toward $0.0000022

SafeMoon price, like most of the cryptocurrency market, continues to ride a bullish wave towards new multi-week highs. SafeMoon has gained over 70% since creating a new all-time low back on September 29th. SafeMoon price has performed beautifully over the past week.

Polkadot to breakout with bullish updates in the DOT ecosystem

The eleventh Parachain auction on Kusama starts today. eToro, the social trading platform, listed DOT on October 4. A key project in the DOT ecosystem, Polkabridge has announced a partnership with Harmony Blockchain. 

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.