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Cryptocurrencies Price Prediction: Bitcoin, SafeMoon and VeChain – European Wrap 17 May

Cryptocurrencies Price Prediction: Bitcoin, SafeMoon and VeChain – European Wrap 17 May
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC free fall pauses, ETH leads pack

Bitcoin price has begun its ascent, but Ethereum price leads the Monday’s rally after hitting a new all-time high today. XRP, on the other hand, is coiling up after its first run-up.

BTC/USD 12-hour chart

SafeMoon Price Prediction: SAFEMOON may rally 25% as it approaches key levels

SafeMoon price has approached one of the three key levels that could trigger its reversal to the upside. SAFEMOON has stayed relatively uncorrelated to the recent market crash as it underwent a consolidation from May 8 to date.

SAFEMOON/USDT 4-hour chart

VeChain Price Prediction: VET at inflection point, reversal may lead to 45% gain

VeChain price has been on an accelerated downtrend since May 7. However, its recent retest of the swing low formed on April 16 indicates hints of reversal.
VET/USDT 12-hour chart

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Crypto Today: Bitcoin, Ethereum, XRP trade under pressure amid mixed technical signals 

Crypto Today: Bitcoin, Ethereum, XRP trade under pressure amid mixed technical signals 

Bitcoin is trading above $90,000 at the time of writing on Tuesday amid sticky risk-off sentiment in the broader crypto market. Altcoins, including Ethereum and Ripple, are paring losses, holding above key support levels.

Bitcoin steadies above $90,000 as Fed rate-cut optimism lifts market sentiment

Bitcoin steadies above $90,000 as Fed rate-cut optimism lifts market sentiment

Bitcoin price holds above $90,000 on Tuesday after finding support around this key level. Firm expectations that the Fed will cut interest rates on Wednesday boosts investors' appetite for riskier assets such as BTC.

Pepe stalls as on-chain, derivatives data flash bullish signals

Pepe stalls as on-chain, derivatives data flash bullish signals

Pepe (PEPE) trades in the red on Tuesday after failing to secure a daily close above the $0.00000500 psychological level on Monday. The technical outlook remains mixed as the meme coin consolidates. 

Chainlink Price Forecast: LINK holds firm as reserves hit 16-month low

Chainlink Price Forecast: LINK holds firm as reserves hit 16-month low

Chainlink price steadies near $13.70 on Tuesday, finding support around the key level. On-chain data signals bullish sentiment, as LINK exchange reserves fall to their lowest level since August 2024.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.