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Cryptocurrencies Price Prediction: Bitcoin, Polkadot and Monero – European Wrap 13 January

Bitcoin rebound to $40,000 on the cards, crypto bullish run uncertain

The cryptocurrency space has incurred significant losses since the breakdown on Monday. CoinMarketCap highlights a mainly red-painted market where only a handful of cryptocurrencies are in the green, such as Polkadot (DOT), Bitcoin SV (BSV), Aave (AAVE) and Synthetix (SNX). Read more...

BTC/USD 4-hour chart

Polkadot nurtures a 15% breakout while this crucial barrier must come down

Polkadot has embarked on another recovery mission after embracing $8 during the recent widespread declines. As the price inches closer to the ultimate breakout point, DOT bulls are getting ready for a massive liftoff, likely to test $10. Read more...

DOT/USD 1-hour chart

Monero outperforms all other privacy-centric coins in 2020, now XMR price prepares for a 25% move

Monero, a $2.7 billion cryptocurrency performed incredibly well in 2020, leaving other privacy-oriented coins in the dust. According to Messari, a cryptocurrency analysis platform, XMR is up 249% year-on-year and is trading at $155. Read more...

XMR/USD 1-hour 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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Ripple remains range-bound above key support

Ripple holds firmly above the $1.00 near-term support at the time of writing on Monday. The remittance token’s upside is capped under key descending moving averages, undermining the broader technical outlook.

Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflows

Cryptocurrency prices are gaining traction on Monday, with Bitcoin trading above $65,000, Ethereum holding the near-term $1,900 support and Ripple hovering above the critical $1.00 demand zone. The broad recovery comes amid capital inflows through US-listed ETFs.

Worldcoin advances on Eightco buying, firm retail demand

Worldcoin is up 12% so far on Monday, advancing the mild gains from the previous day. Eightco Holdings reported that it holds 302 million WLD tokens, worth roughly $96 million, indicating steady institutional interest, with retail demand holding firm as Open Interest is up 15% in 24 hours.

Bitcoin: Bulls regain ground as BTC reclaims $65,000 

Bitcoin holds above $65,000 at the time of writing on Monday, after recovering more than 2% last week, with bulls finding support around the 200-week Simple Moving Average. Strong spot Exchange Traded Funds inflows point to renewed institutional demand.

Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.