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Cryptocurrencies Price Prediction: Bitcoin, Chainlink and Stellar Lumens – European Wrap 9 December

Cryptocurrencies Price Prediction: Bitcoin, Chainlink and Stellar Lumens – European Wrap 9 December
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin tumbles as altcoins present the best buy-the-dip opportunities

The market is a sea of red following Bitcoin’s recent slide to $18,000. Altcoins across the board dived in tandem with BTC, but on-chain metrics suggest that this is the best time to buy the dip and capitalize on their potential recovery. Read more...

BTC/USD 4-hour chart

Chainlink price remains bullish from on-chain perspective despite ongoing correction

Chainlink (LINK) extended the decline and touched $11.22, the lowest level since November 26. Despite the sell-off, LINK is still the seventh-largest digital asset with a current market capitalization of $4.7 billion. The coin has lost over 7% in the recent 24 hours and 12% on a week-to-week basis.  Read more...

LINK's daily chart

Stellar Price Forecast: XLM downward momentum weakening, as bulls prepare to regain control

Stellar bulls are nursing wounds after a massive battering from the sellers over the last 24 hours. The cross-border token has extended the bearish leg under $0.15 and is currently trading at $0.146. Sellers appear to be engulfed by exhaustion amid improving technicals. Read more...

XLM/USD 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 Weekly Forecast: Binance security breach and hawkish Fed push BTC lower

Bitcoin Weekly Forecast: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.
Ripple Price Forecast: XRP bulls defend $1.20 as sell-side pressure triggers liquidations

Ripple Price Forecast: XRP bulls defend $1.20 as sell-side pressure triggers liquidations

Ripple (XRP) trades around $1.25 on Friday, rising from a short-term support level established at $1.20. This minor upward correction follows a sharp sell-off, triggered amid reports of a hack attack on the Binance exchange that impacted approximately $6.3 billion. The attack drove the broader crypto market on edge, as Binance suspended both deposits and withdrawals to contain the situation.
Bitcoin, Ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets

Bitcoin, Ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets

Crypto traders betting on higher prices had about $1.29 billion in positions forcibly closed over the past 24 hours, as the selloff following Binance’s security breach pushed bitcoin, ether and smaller tokens lower. Total liquidations reached $1.53 billion by Friday morning in Asia, according to CoinGlass. Long positions, bets that prices would rise, accounted for 83.8% of the total.
Crypto Today: Bitcoin, Ethereum, XRP sell-off cools after Binance security breach

Crypto Today: Bitcoin, Ethereum, XRP sell-off cools after Binance security breach

Cryptocurrency prices are on edge on Friday, with Bitcoin (BTC) delicately holding onto a short-term $78,000 support, Ethereum (ETH) edging lower near $2,200 and Ripple (XRP) attempting a recovery above support established at $1.20. The cooldown follows Binance, the largest crypto exchange, after it reported a hack that impacted about $6.3 billion.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.