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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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