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Cryptocurrencies Price Prediction: Bitcoin, Solona and Shiba Inu – European Wrap 7 October

Cryptocurrencies Price Prediction: Bitcoin, Solona and Shiba Inu – European Wrap 7 October
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC takes center stage while altcoins disappear into the shadow

Bitcoin price showed a massive uptick in buying pressure, which could be driven by the expected launch of BTC Futures ETF in October. While investors put their capital into BTC, altcoins continue to show no strength.

BTC/USD 1-day chart


Solona price eyes 22% breakout as SOL directional bias vanishes

Solana price is showing an affinity to move higher, but its price action is resulting in the development of a bearish structure in the short term. Therefore, SOL shows no apparent directional bias and could head either way. However, investors can look to two crucial barriers to try and predict its breakout.

SOL/USDT 6-hour chart

Shiba Inu outranks AVAX and Chainlink as SHIB becomes the 12th largest crypto by market cap

Shiba Inu is ready to overtake Dogecoin with its rapid growth in market capitalization. The memecoin is currently the most traded cryptocurrency on Binance, Coinbase and Huobi. 

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