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Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Vechain – European Wrap 1 March

Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Vechain – European Wrap 1 March
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: March might not be as disappointing as February, here’s why

Bitcoin price shows a clear struggle with the immediate resistance levels. But this reliable indicator has flashed a buy signal that could trigger a rally, propelling Ethereum, Ripple and other altcoins with it. Hence, investors should be looking for a bullish start to March 2023. 

BTC/USD 1-day chart

Shiba Inu vs. Dogecoin, which meme coin will hit the $1 bullish target first?

Shiba-Inu-themed meme coins Dogecoin and rival Shiba Inu are in a race to hit the bullish target of $1. With the upcoming layer-2 scaling solution Shibarium’s launch, and support from projects in the crypto and Web3 landscape, SHIB has garnered support from the community. 

DOGE price chart

Vechain Price Prediction: Traders need to watch this element to secure 182% uptrend by August

Vechain (VET) price action is set to jump substantially higher later this year as a cocktail of tailwinds is building among altcoins. Even when ignoring macro forces and drivers in global markets, Vechain price still has plenty of tailwinds from a technical point of view. The longer term forecast points to a possible 182% inclination with VET trading near $0.07 by the end of the summer. 

VET/USD weekly 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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Starknet Price Forecast: STRK rally tests key breakout amid proposed Layer-1 transition

Starknet Price Forecast: STRK rally tests key breakout amid proposed Layer-1 transition

Starknet is up 16% so far on Friday, advancing its steady recovery of nearly 200% since mid-August. The rally aligns with the rising demand for financial anonymity in the cryptocurrency market and the CEO of StarkWare, Eli Ben-Sasson’s proposed transition of Starknet to Layer-1 to achieve quantum security by 2027.

Top 3 Price Prediction: BTC sheds 5%, ETH loses 50-day EMA, XRP risk breakdown

Top 3 Price Prediction: BTC sheds 5%, ETH loses 50-day EMA, XRP risk breakdown

Bitcoin, Ethereum, and Ripple remain under pressure on Friday after losing over 5%, 9% and 8% so far this week. BTC trades below $82,000, ETH loses $2,500, while XRP retreats toward a key support zone. The price action of these top three cryptocurrencies now faces critical technical levels that could determine whether the correction deepens or a recovery takes shape.

Ethereum Price Forecast: ETH drops below $2,500 as rising Treasury yields trigger selling pressure​

Ethereum Price Forecast: ETH drops below $2,500 as rising Treasury yields trigger selling pressure​

Ethereum fell below $2,500 on Thursday, down nearly 4% and extending losses for a third consecutive day. The decline follows rising Oil prices and US Treasury yields over the past few days. The 10Y Note Yield reached a 24-year high at 5.35%, and the 30Y Note Yield climbed above 5.70% earlier in the day, sparking major distributions in the crypto market.

Hyperliquid Price Forecast: HYPE drops to $84 as Hyperliquid Labs begins $330 million OTC distribution

Hyperliquid Price Forecast: HYPE drops to $84 as Hyperliquid Labs begins $330 million OTC distribution

Hyperliquid Labs distributed 3.75 million HYPE tokens, worth about $330 million, through an over-the-counter (OTC) arrangement with an undisclosed institution, rather than selling the tokens on public exchanges. According to onchain data shared by OnchainLens on Wednesday, the tokens completed a seven-day unstaking period before the full allocation was credited to Hyperliquid Labs’ spot balance.
Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.