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Cryptocurrencies Price Prediction: Bitcoin, Polkadot and Chainlink – European Wrap 17 January

Cryptocurrencies Price Prediction: Bitcoin, Polkadot and Chainlink – European Wrap 17 January
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins due for massive gains as BTC holds its ground

Bitcoin price reveals a bullish outlook albeit a slow one, providing altcoins with an opportunity to run free. The past week is a testament to the recent gains witnessed among many altcoins. While Ethereum continues to remain bullish, Ripple struggles to hold on.

BTC/USD 4-hour chart

Polkadot Price Prediction: DOT to provide a 20% long opportunity

Polkadot price is preparing for a massive uptrend, but it needs to overcome two significant resistance barriers. Doing so will allow DOT to rally without hesitation to another major hurdle. 

DOT/USDT 4-hour chart

Chainlink price eyes 35% gains as LINK flips crucial support level

Chainlink price shows signs that appear before the start of an uptrend. This outlook has supporting factors from both a technical and an on-chain perspective. Therefore, investors can expect LINK to start a bull rally.

LINK/USDT 1-week chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP Price Forecast: Sell-off persists, bears aim for $1.00 as Ripple eyes on-chain multi-signature upgrade

XRP Price Forecast: Sell-off persists, bears aim for $1.00 as Ripple eyes on-chain multi-signature upgrade

Ripple (XRP) remains pressured, trading below $1.05 at the time of writing on Thursday. The token has declined for the fourth consecutive day this week, reflecting lethargic sentiment in the broader cryptocurrency market despite the possibility of easing geopolitical tensions in the Middle East.
Crypto Today: Bitcoin and Ethereum gain ground as XRP extends decline amid potential Iran-Oman deal

Crypto Today: Bitcoin and Ethereum gain ground as XRP extends decline amid potential Iran-Oman deal

The cryptocurrency market is somewhat lethargic on Thursday, with Bitcoin (BTC) approaching $65,000, Ethereum (ETH) holding above $1,900 while Ripple (XRP) trades under pressure around $1.05. This mixed outlook comes ahead of a potential deal between Iran and Oman on the management of shipping through the Strait of Hormuz. Still, Iran has denied negotiations with the United States (US).
Pudgy Penguins Price Forecast: PENGU eyes breakout as bullish derivatives signals emerge

Pudgy Penguins Price Forecast: PENGU eyes breakout as bullish derivatives signals emerge

Pudgy Penguins (PENGU) nears the key 50-day Exponential Moving Average (EMA) at $0.0063 on Thursday, with a break above it potentially signaling further gains. Improving derivatives metrics and a constructive technical outlook suggest momentum is building, hinting at a possible breakout. Derivatives data shows bullish sentiment among Pudgy Penguins traders.
Coinbase UK launches 24/5 trading for 4,000 US stocks

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Coinbase announced the launch of 4,000 US stocks available for trading in the United Kingdom (UK). The new product offering provides US market exposure for retail traders at zero commission, with the added benefit of fractional share trading.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.