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Cryptocurrencies Price Prediction: Bitcoin, LEND and Bitcoin Cash – European Wrap 13 October

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos at threshold, ready for takeoff

Bulls continue to hold the fort following widespread breakouts over the previous weekend. Nonetheless, the momentum has slowed down across the board, especially for major cryptocurrencies like Bitcoin, Ethereum and Ripple. Read More ...

BTC/USD price chart

Aave Technical Analysis: LEND imminent reversal as bears regain control

Aave's downtrend has been unstoppable since the August high of $0.9. Declines also followed the confines of a descending parallel channel. The downside support at $0.4 helped slow down the bearish momentum, culminating in gains above the channel's middle boundary. While the hurdle at $0.5 has been brought down, LEND is yet to correct the adverse price action, for gains past $1. Read more ...

LEND/USD price chart

Bitcoin Cash Price Analysis: BCH bulls remain in control as network readies itself for system upgrade

All eyes are on Bitcoin Cash and the brewing drama between Bitcoin Cash ABC and BCHN as the network preps for a scheduled upgrade on  November 15, 2020. The main bone of contention between the two groups lies in Bitcoin Cash ABC’s insistence upon using the highly controversial  "Infrastructure Funding Proposal" (IFP) coinbase rule. The rule states that nearly 8% of the coinbase reward would be set aside for infrastructure development, which has rubbed many miners the wrong way. Read more ...

BCH/USD daily chart

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.