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Cryptocurrencies Price Prediction: Bitcoin, Binance Coin and Decentraland – European Wrap 11 February

Cryptocurrencies Price Prediction: Bitcoin, Binance Coin and Decentraland – European Wrap 11 February
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Weekly Forecast: BTC to confirm bullish outlook under one condition

Bitcoin price is at an inflection point of its recent uptrend and is likely to reverse and establish a directional bias. If BTC sets a higher low, there is a good chance the rally will continue; else, investors can expect a steep correction.

BTC/USDT 1-day chart

Binance Coin price to grow by 20% as BNB consolidation nears an end

Binance Coin price is looking to shatter a blockade that has prevented it from moving higher since December 2021. As BNB coils up under this hurdle, a breakout seems like the most plausible outcome.

BNB/USDT 4-hour chart
 

Decentraland Price Prediction: MANA ready for a quick 20% run-up

Decentraland price has broken free from its extended downtrend and is currently on a recovery rally. The recent U-turn in January shows that the momentum is strong and is likely to extend the run-up.

MANA/USDT 1-day 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 eyes $1.50 breakout despite softening on-chain activity

Ripple eyes $1.50 breakout despite softening on-chain activity

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Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.