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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 faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.