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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & LUNA – American Wrap 7 February

FXStreet Team FXStreet

Bitcoin price unmoved despite Thailand making BTC, crypto trading VAT-free

Bitcoin (BTC) price has not shown any directional bias since the close of January and continues meandering around a certain Simple Moving Average (SMA). As investors impatiently look for possible entries, reports indicate that Thailand, like Dubai, is making moves to draw in BTC traders.

Ethereum price poised for gains as Dencun upgrade goes live on the testnet

Ethereum’s second most important upgrade after the Merge is the Dencun upgrade. This packs in EIP-4844, an Ethereum Improvement Proposal, to reduce transaction costs for Layer 2 chains.

ETH price is $2,371 on Wednesday, with the altcoin rallying nearly 2% in the past week.

LUNA teases arrival of Cosmos-based protocol Alliance’s assets on Terra

Terra dropped details of an open-source Cosmos-chain-based module Alliance in its recent tweet on X (formerly Twitter). Alliance powers mutually beneficial relationships between blockchains and traders can stake Alliance assets to earn rewards using their Terra station wallets.

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Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network hovers below $0.1700, broadly steady at press time on Monday, attempting a recovery after a 2% loss the previous day. Sunday’s decline aligned with nearly 49 million PI tokens offloaded by the Pi Foundation, implying a spike in supply pressure that capped the prevailing four-day recovery.

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub steadies near $1.82 at the time of writing on Monday, following a 20% decline the previous week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme coins are hovering around key support zones at the start of this week on Monday, after extending losses in the previous week. Dogecoin (DOGE) signals a neutral near-term bias with a slight bearish tilt.

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana (SOL) trades around $84 at press time on Monday, coiling further within a consolidation range that keeps the momentum trapped. Institutional interest in Solana resurfaced last week, with inflows of over $44 million capping downside pressure.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.