Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ethereum — Asian Wrap 10 November

FXStreet Team FXStreet

Breaking: Bitcoin falls to 2020 trading levels at $15,600!

Bitcoin price free falls, bringing the market value down by 25% on the month at $21,000 as the bears have forged a weekend sell-off. $679 million worth of longs have been liquidated in the last 24 hours. Invalidation of the bearish thesis is a breach above.

Dogecoin plummets penny-from-Eiffel style as whales consider abandoning ship

Dogecoin price witnessed a devastating decline during the second trading week of November. A sweep-the-lows event could be underway if the bulls show up later. Key levels have been defined to determine DOGE's next potential move.

Ethereum price nosedives as Binance may provide aid to FTX

Ethereum price nosedived during the US midterm elections As price declined. The technicals suggest a sweep-the-lows event is underway. Key levels have been defined to gauge ETH’s potential landing ground. Ethereum price has suffered a devastating liquidation as the bears have produced a 30% decline since November 1.

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FXStreet Team

FXStreet

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.

XRP, ADA, and SOL are vulnerable to deeper losses

The top altcoins, including Ripple, Cardano and Solana, are trading in the red as the broader cryptocurrency market faces downside pressure. The bearish pressure aligns with Citadel Securities' anticipation of a surprise Fed rate hike, which could reduce liquidity in high-risk assets, including crypto assets.

XRP and XLM extend correction as bearish pressure builds

Ripple and Stellar remain under pressure on Tuesday after losing over 4% and over 5%, respectively, the previous day. In addition, weakening momentum indicators and deteriorating derivatives metrics suggest sellers remain in control, raising the risk of further downside for both altcoins. Derivatives data shows a slight bearish tilt.

Bitcoin risks losing $63,000 – FET, SHIB lead losses

Bitcoin edges lower on Tuesday, extending its losses of over 2% from the previous day. The broader crypto market suffered nearly $600 million in liquidations over the last 24 hours amid renewed sell-off pressure. Artificial Superintelligence Alliance and Shiba Inu have emerged as the worst-performing crypto assets in the same time period.

Pump.fun surges following rising revenue and social push

PUMP, the native crypto of token launchpad Pump.fun, saw double-digit gains on Monday, rising to nearly $0.00220, its highest level in about 11 weeks, before easing. The recent gains have stretched its 14- and 30-day performance above 38% and 50%, respectively.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.