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Cryptocurrencies Price Prediction: Bitcoin, ChainLink & SafeMoon — Asian Wrap 25 Oct

Cryptocurrencies Price Prediction: Bitcoin, ChainLink & SafeMoon — Asian Wrap 25 Oct
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: BTC set to retest $56,000

Bitcoin price has continued to trend lower following its all-time high on October 20. The leading cryptocurrency could slide further toward $56,000 to retest critical support levels after investors engaged in profit-taking. Bitcoin price fell below a crucial support trend line on October 22, exposing BTC to further downside risk.


 
Chainlink price faces minor sell-off before resuming uptrend

Chainlink price faced stiff resistance at $31.26 as it reached the topside trend line of the prevailing chart pattern and is headed lower as the bulls lose strength. LINK could be headed for a minor sell-off as a critical technical level suggests the token has reached its local top.

SafeMoon price prepares to escape from prevailing downtrend with 60% ascent

SafeMoon price has been locked in a downtrend since May 23, with little ambition to reverse the period of sluggish performance. While the altcoin is trapped in the prevailing consolidation chart pattern, an escape above $0.00000288 could spell trouble for the bears.

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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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Ethereum Price Forecast: Whales absorb retail distribution as bear market nears late stage​

Ethereum Price Forecast: Whales absorb retail distribution as bear market nears late stage​

Ethereum (ETH) large holders have been accumulating the supply of retail investors in 2026. In a report released late Wednesday, CryptoQuant analysts highlighted that the supply of the 1K-10K ETH cohort has fallen from 15.6 million ETH in January to roughly 12.9 million ETH.
Hyperliquid reports strong Q2 growth despite revenue decline

Hyperliquid reports strong Q2 growth despite revenue decline

Hyperliquid Research Collective (HRC) reported on Thursday broad growth across Hyperliquid's key operating metrics in Q2 despite a decline in revenue, as adoption of its HIP-3 ecosystem and HYPE token continued to accelerate. The firm noted that holder revenue declined 4.7% QoQ to $142.88 million, while protocol revenue fell 6.6% to $169.37 million, according to a Thursday report.
Dogecoin Price Forecast: DOGE sell-off seems unstoppable despite renewed retail interest

Dogecoin Price Forecast: DOGE sell-off seems unstoppable despite renewed retail interest

Dogecoin (DOGE) is trading under dominant selling pressure on Thursday, hovering below $0.0700, a recent support-turned-resistance level. The meme coin has shed 3% of its value in the first week of August, against a backdrop of heavier selling pressure in previous months since May highs around $0.1186.
XRP nears key support despite multi-signature upgrade proposal

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Ripple (XRP) remains pressured, trading below $1.05 at the time of writing on Thursday. The token has declined for the fourth consecutive day this week, reflecting lethargic sentiment in the broader cryptocurrency market despite the possibility of easing geopolitical tensions in the Middle East.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.