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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. 

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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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Ripple eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.