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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

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.