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Cryptocurrencies Price Prediction: Bitcoin, ApeCoin and Polygon – European Wrap 10 October

Cryptocurrencies Price Prediction: Bitcoin, ApeCoin and Polygon – European Wrap 10 October
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC hints bearish outlook amid worsening geopolitical conditions

Bitcoin price is at an inflection point, a decisive move here will determine the next course of action for the crypto markets. From a point of view that is unbiased by BTC’s bearishness, both Ethereum and Ripple price look ready to bounce. 

BTC/USD 8-hour chart

ApeCoin Price: APE price ready for a massive 25% rally or smoke show?

ApeCoin (APE), the native currency of the Bored Ape Yacht Club (BAYC) metaverse, has recouped its recent losses. Analysts have predicted a 25% rally in the NFT token as large wallet investors resume buying. 

 
APE-USDT price chart

Polygon price surprises with another bullish move this Monday despite tailwinds

Polygon (MATIC) price action surprises by printing green numbers this Monday morning despite Asian and European markets hanging by a thread. With harsh rhetoric from Russia after the attacks on its vital bridge linking Crimea with Russia, geopolitics is back on high alert as Kyiv is being bombed at the time of writing. The nerves of every world leader involved in the situation between Ukraine and Russia are being tested as the threat of a nuclear escalation has never been so close. The ripple effect from these events could lead to a sell-off in every tradable risk asset in the market.

MATIC/USD Daily chart

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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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Ripple Price Forecast: Sellers retain control as Evernorth Holdings files with SEC to buy more XRP

Ripple Price Forecast: Sellers retain control as Evernorth Holdings files with SEC to buy more XRP

Ripple’s (XRP) correction on Monday is deepening below $1.30, reflecting growing headwinds in the broader cryptocurrency market. Based on the token’s technical picture, the path of least resistance could stay downward until the $1.30 supply area flips into support.

Bitcoin stalls around $80,000 as geopolitical tensions dampen risk appetite

Bitcoin stalls around $80,000 as geopolitical tensions dampen risk appetite

Bitcoin hovers around $80,500 on Monday after three straight weeks of correction. Rising geopolitical tensions in the Middle East continue to push oil prices higher, stoking inflation concerns and dampening risk appetite.

Crypto Today: Bitcoin, Ethereum and XRP extend losing streak as bearish momentum builds

Crypto Today: Bitcoin, Ethereum and XRP extend losing streak as bearish momentum builds

Cryptocurrency prices are broadly correcting on Monday, led by Bitcoin’s five-day sell-off. Ethereum edges lower and trades around $2,325, as sellers build momentum to retain control over the trend. Meanwhile, Ripple shows signs of consolidating.

Pi Network Forecast: PI token remains under bearish pressure despite network access and security upgrade

Pi Network Forecast: PI token remains under bearish pressure despite network access and security upgrade

Pi Network trades around $0.075 on Monday, holding steady after two consecutive days of roughly 2% losses, resulting in the lowest weekly close ever. Pi Network rolled out desktop version 0.6.4 on Thursday, focused on improving remote access and security for local AI apps.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.