|

Cryptocurrencies Price Prediction: Bitcoin, Chainlink and TRON – European Wrap 4 November

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market retreats, Donald Trump claims victory

The cryptocurrency market is mainly in the red when the United States is conducting its 2020 presidential elections. Donald Trump claimed victory but the votes are still being counted in several swing states and the final results could be pending for hours, if not days or weeks. Read more...

BTC/USD price chart

Chainlink Price Analysis: LINK on the verge of the abyss, bears have $8.6 in mind

Chainlink (LINK), the 6th largest digital asset with the current market capitalization of $3.9 billion, has been losing ground since the weekend. The coin has lost nearly 13% in the last three days, and the downside momentum seems to be gaining traction on Wednesday. Read more...

Chainlink

TRON Technical Analysis: TRX breaks down from month-long consolidation, downside targets $0.021

TRON is in the middle of a retreat from a month-long consolidation between $0.025 (support) and $0.0275 (seller congestion zone). At the time of writing, this token is changing hands at $0.024 amid a building bearish momentum. The pessimistic scenario comes into action after TRON survived a malicious attack during a mainnet update earlier this week. Read more...

TRX/USD price chart

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.