|

Cryptocurrencies Price Prediction: Bitcoin, Polkadot and Decentraland – European Wrap 31 January [Video]

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos to enter second leg of relief rally

Bitcoin price seems to have encountered a massive support level that has stopped the downtrend in its track and resulted in a quick bounce. This trend seems to be witnessed across Ethereum and many altcoins but in different magnitudes. Ripple seems to be defying the ongoing trend and is showing an affinity to head lower.

BTC/USD 1-day chart

Polkadot price screams buy as DOT readies for 46% breakout

Polkadot price has been teetering off a crucial support level since January 22. This consolidation seems to be vital to triggering a new leg-up for DOT. Therefore, investors need to position themselves to capitalize on this potential upswing.

DOT/USDT 1-day chart

Experts believe Decentraland price could meet resistance with end of Australian Open

Decentraland is celebrating the Australian Open's close in its metaverse. Analysts believe that Decentraland price could meet resistance at $2.60 as the metaverse token eyes a $2.70 target. 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

XRP extends recovery as on-chain activity grows
Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).
Ethereum Price Forecast: ETH continues July uptrend with 20% rise after triggering buy signal
Ethereum (ETH) has gained 3% on Tuesday, extending its July gains above 20% after key on-chain indicators highlighted a resumption of buying activity. The strong performance so far in July comes a few days after ETH triggered the Market Value to Realized Value (MVRV) Buy signal. ETH has been up by roughly 22% since the signal.
Chainlink becomes top 20 best performer, 3 reasons behind the move
Chainlink (LINK) has become the best-performing asset in the top 20 this week, leading every other major cryptocurrency. The cryptocurrency jumped 10.18% to $8.71, its highest level since early June. Three major factors explain the double-digit rise over the past week.
Crypto Today: Bitcoin, Ethereum, XRP extend rebound amid returning institutional capital inflows
Cryptocurrency prices extend a broad recovery, led by Bitcoin (BTC), trading above $66,000 at the time of writing on Tuesday. Ethereum (ETH) remains bullish above $1,940, after logging four straight days of gains. Meanwhile, Ripple (XRP) hovers around $1.13, building on the reclaimed $1.10 critical level.
Bitcoin’s potential recovery in the second half hinges on these 4 catalysts
Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.