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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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Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum continued to consolidate in the tight $1,800-$2,000 range amid weak signals across key on-chain metrics. ETH Exchange Netflow, which measures the difference between coins flowing in and out of exchanges, indicates mild dominance in selling activity after its 14-day moving average flipped positive.

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Bitcoin hovers around $63,000 as the broader crypto market maintains a risk-off sentiment. Rising against the tide, Cosmos and Pump.fun are leading gains over the last 24 hours, emerging as top performers. CoinMarketCap’s Fear and Greed Index at 37 on Friday flattens below the neutral zone, indicating persistent mildly risk-averse conditions.

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Bitcoin, Ethereum, and Ripple show signs of recovery after a correction earlier this week. BTC finds support around the key $63,300 level, ETH continues to trade sideways, while XRP holds strong above the $1.00 psychological level. The price action of the top three cryptocurrencies suggests a short-term rebound if these key levels continue to hold.

SharpLink to stake $200 million in Ethereum through Lido

SharpLink to stake $200 million in Ethereum through Lido

SharpLink Gaming (SBET) announced plans to stake $200 million in Ethereum (ETH) through Lido as part of its strategy to generate returns from its ETH treasury, according to a Thursday announcement. The allocation will be converted into wrapped staked ETH (wstETH), which represents staked Ethereum and the associated staking rewards.
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.