TRENDING:
EUR/USD
GBP/USD
XAU/USD
Trade War
USD/CAD
AUD/USD
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cardano – Asian Wrap 19 Nov

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cardano – Asian Wrap 19 Nov
FXStreet TeamFXStreet TeamFXStreet

Bitcoin fundamentals are at all-time highs while prices are heading to $20,000

As Bitcoin price approaches $20,000, it becomes more likely that the ongoing rally is yet to lose momentum. Volume continues to rise as several metrics begin to see new highs. The current market behavior suggests that the $2,000 price gap to new all-time highs will be closed in the upcoming weeks.

Ethereum's Vitalik Buterin vows to meet ETH 2.0 deadline as roughly 20% of the goal has been reached

Currently, the dedicated deposit smart contract contains only 19% of the total amount of ETH required for the developers to start rolling out Beacon Chain, the critical component of Ethereum 2.0. While the launch is preliminarily scheduled for December 1.

Cardano network activity explodes, suggesting that a breakout is underway

Since the beginning of October, Cardano is fluctuating in a relatively narrow band and is struggling to make a decisive move in either direction. However, on-chain metrics suggest that the so-called "Ethereum killer" could be on the verge of a bullish breakout.

Author

FXStreet Team

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP steadies above $1.90 support as fund inflows and retail demand rise

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

Orange Juice Newsletter – Smart insights by real people. Every day.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.