Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Chainlink – American Wrap 19 November


Bitcoin latest bull market experienced several 30% plunges, will history repeat itself?

Massive 30-40% corrections are nothing new to the cryptocurrency market. Bitcoin steady ascent from zero to nearly $20,000 was accompanied by large price swings as head-spinning growth is always followed by a heart-breaking collapse that eventually leads to another bullish wave and a new all-time high. 

ETH 2.0 will drive Ethereum price to $900, but timing is a crucial factor

At the time of writing, Ethereum price is trading at $475. The second-largest cryptocurrency by market capitalization stopped short of $500 on Wednesday, November 18, as the upside momentum started fading away across the board. However, several fundamental factors and on-chain metrics imply that ETH is poised for substantial long-term growth.

Zeus Capital condemns Chainlink a security, while LINK price takes aim at $15

Zeus Capital, an asset management firm with a focus on alternative investment tools, raised its stakes in proving its claim that Chainlink is the "Crypto's Wirecard."

After warning investors against buying Chainlink following the cryptocurrency's rally to a record high of $20.30 back in August, the firm tweeted out on Wednesday, November 18, that they still have $77,240 to pay as a reward to people who provide insightful information on Chainlink's questionable affairs.

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Four crucial on-chain metrics suggest that Ethereum price rally has just begun as bulls target $3,000 first

Attention has shifted to Ethereum, the largest altcoin in the market after breaking out to a new record high of $1,446 (on Coinbase). Speculators, traders, and analysts agree that this is just the beginning of the rally, and Ether may have jumpstarted the altcoin season.

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Crypto enthusiasts' sentiment suggests Bitcoin price is far from a market top

Bitcoin price stalled after failing to break the resistance at $40,000. As reported earlier this week, JPMorgan & Chase strategists believe that BTC will retreat if it fails to hit levels above $40,000. 

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VET breaks through consolidation phase targeting a new all-time high

VeChain is breaking out toward record highs after overcoming a critical resistance barrier around $0.03. Recovery has been consistent since last week. 

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LTC dives to critical support looking to rebound towards $200

Litecoin has been grinding higher since the recent breakdown to $110. Recovery was very consistent, but Litecoin failed to hold above $160, let alone clear the resistance at $170.

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