|

Cryptocurrencies Price Prediction: Bitcoin, Decentraland, and Cardano – European Wrap 31 December [Video]

Bitcoin Weekly Forecast: BTC price provides buy opportunity before ascent toward $110,000

Bitcoin price could be awaiting a major upswing if the digital asset manages to slice above a crucial line of resistance. The prevailing chart pattern suggests that if the leading cryptocurrency could be expecting a 54% surge toward $110,000 if BTC breaks above $69,829.

BTCUSDT

Decentraland starts bull rally ahead of New Year’s eve celebration at Times Square

The Digital Currency Group has plans to unveil the iconic Times Square in the Decentraland metaverse through a New Year’s Eve party. Decentraland revealed that it wants to recreate the cultural site and offer users a metaverse experience. 

Sandbox Price Prediction: SAND bulls prepare for 38% upswing

Sandbox price is forming a bullish chart pattern that could send SAND surging 38% toward $9.60. As long as the token manages to stay above the December 30 low at $5.55, the optimistic target could still be in the offing. 

SANDUSDT

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

Zcash rally hits record high in a parallel channel amid network growth

Zcash rally continues to scale higher, trading above $1,600 on Wednesday after a 10% jump the previous day. The privacy-focused token witnesses a surge in shielded activity, recording the highest weekly total since 2022, while Grayscale’s ZEC-focused fund logged over $30 million in inflows on Tuesday.

Bitcoin Cash, BitcoinSV, and LayerZero rallies push higher

Top altcoins, including Bitcoin Cash, BitcoinSV, and LayerZero, are up in double digits over the last 24 hours, suggesting a potentially stable upward trend. BCH reclaims the $300 threshold, scaling to a three-month high while BSV and ZRO are trading at their annual and four-month highs, respectively.

Bitcoin steadies after strong rally, Ethereum and XRP ease into consolidation

Bitcoin, Ethereum, and Ripple bulls take a breather mid-week after gains of 6%, 4%, and 13% so far this week. BTC consolidates at $86,300, ETH hovers around $2,751, and XRP is at $1.57. The price action of these top three cryptocurrencies suggests bulls remain in control.

Ethereum holds above $2,700 as investors continue bullish positioning

Ethereum held above $2,700 on Tuesday after starting the week on a positive note. The top crypto stretched its 7-day gains to 14% after energy prices and the US 10-year Treasury yields dipped on Monday.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed
Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.