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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Editors’ Picks

Bank of America bullish comments on metaverse push Axie Infinity and Sandbox closer to breakout

Bank of America's strategist made bullish remarks about the metaverse, triggering a spike in interest in Axie Infinity and Sandbox tokens. The rices of the two metaverse tokens continue climbing with increased interest from investors. 

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Polkadot price ready to breakout after DOT forms double bottom

Polkadot price began turning around and moving higher on November 28. It is currently resting on support after a brief pull-back, with the potential for using this floor as a launchpad higher. A resumption of the bullish impulse will provide fresh confirmation for the new uptrend.

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Bitcoin Weekly Forecast: The bull and the bear case for BTC

Bitcoin price saw a recent bullish impulse that faced massive headwinds before it tagged a crucial psychological barrier. With directional bias and choppy price action, BTC is likely to experience massive volatility as the situation resolves over time. 

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Berkshire Hathaway’s Charlie Munger wants US to ban cryptos like China

Charlie Munger considers cryptocurrencies bad for people and backs China on its cryptocurrency ban.In his previous interviews, Munger has shed light on the concept of “speculative excess” and “asymmetry of wealth.” 

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