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Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens and Chainlink – European Wrap 1 November

Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens and Chainlink – European Wrap 1 November
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets prepare to revisit crucial support floors

Bitcoin price dipped below a crucial psychological level on the first day of November, but the recovery seems to be going well. While a short-term bounce to collect liquidity seems plausible, the mid-term outlook for the big crypto and crypto markets seems to be hedged on a downswing that will help form a base for the upcoming rally.

BTC/USD 1-day chart

XLM price can rally 65% if Stellar bulls can push through $0.43

XLM price has been trading under a stiff resistance barrier for roughly nearly three months. However, the recent run-up suggests that Stellar is ready to take on this barrier. Doing so will catalyze a massive bull run, propelling the altcoin higher.

XLM/USDT 1-day chart

Analysts bullish on Chainlink despite steep correction

Decentralized oracle network Chainlink is rapidly scaling to provide off-chain support through real-world data to the DeFi and NFT ecosystem. Data providers can now deploy Chainlink oracle nodes on Amazon Web Services. 

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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 and Stellar outlook: Remain under bearish pressure as corrective declines cap upside

Ripple and Stellar outlook: Remain under bearish pressure as corrective declines cap upside

Ripple and Stellar remain under pressure as broader market uncertainty and weak technical momentum weigh on both altcoins. XRP is hovering below the key $1 mark on Tuesday while XLM continues its corrective decline below $0.157.

Crypto Market Overview: Bitcoin rebounds while Polygon, Zcash lead gains

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