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Cryptocurrencies Price Prediction: Bitcoin, Avalanche and SafeMoon – European Wrap 11 March

Cryptocurrencies Price Prediction: Bitcoin, Avalanche and SafeMoon – European Wrap 11 March
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Weekly Forecast: BTC weakens structural support, hinting at a crash to $30,000

Bitcoin price remains stuck between two crucial levels with no sign of directional bias. The immediate support area that prevented a steep correction seems to be getting weaker with every retest, indicating that a breakthrough to the downside is likely.

BTC/USDT 1-day chart

AVAX price needs to revisit $70 before Avalanche bulls recover losses

AVAX price is experiencing a lack of directional bias, leading to sideways movement. Avalanche price needs to retest a vital support level before rethinking its allegiance.

 
AVAX/USDT 4-hour chart

SafeMoon price continues its bullish journey to $0.00164

SafeMoon price has lagged in its recovery, and lately, the uptrend seems to be going slowly. A continuation of this bounce seems plausible considering the consolidative nature of the big crypto.

SAFEMOON/USDT 4-hour 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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Bitcoin Price Forecast: BTC extends pullback as profit-taking weighs

Bitcoin Price Forecast: BTC extends pullback as profit-taking weighs

Bitcoin (BTC) trades below $84,000 at the time of writing on Thursday, extending the pullback for the third consecutive day as profit-taking weighs in. Despite the price correction, strong institutional demand alongside sustained accumulation by the 100–1,000 BTC holder cohort could support the Crypto King.
XRP is flashing three bullish signals heading into a historically weak October

XRP is flashing three bullish signals heading into a historically weak October

XRP (XRP) is still flashing 3 bullish signals across its holders, derivatives, and ETF data. These signals come as the token gave back part of its September gains on Thursday. The token traded near $1.50 at press time, down about 6.3% over 24 hours, according to BeInCrypto Markets data. The pullback still leaves XRP up over 15.6% on the week, a gain that tracks a broader market rally.
Crypto Today: Bitcoin, Ethereum, and Ripple – Bulls start to lose control

Crypto Today: Bitcoin, Ethereum, and Ripple – Bulls start to lose control

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Thursday after losses of 2% to 4% the previous day. The major cryptos are starting to lose bullish control in the near term so far this week, despite the institutional funds witnessing steady inflows. The technical outlook for Bitcoin, Ethereum, and Ripple indicates near-term downside risk.
Litecoin token has its moment as network activity booms

Litecoin token has its moment as network activity booms

Litecoin, the cryptocurrency considered silver to Bitcoin's gold, and one that's often missing from day-to-day crypto discussions, has bucked the broader market weakness over the past 24 hours. LTC currently ranked 24th largest by market cap, has gained nearly 8% to $66 in 24 hours, the highest since January.
Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.