Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens and REN – European Wrap 30 September


Top 3 Price Prediction Bitcoin, Ethereum and XRP: Bitcoin slumps to $10,700 as bears return

Cryptocurrencies are in red on Wednesday as we usher in the European session. Major digital assets such as Bitcoin, Ethereum, and XRP have been capped under key resistance levels at $11,000, $360, and $0.25 in that order. On the contrary, some selected cryptocurrencies like Cosmos (ATOM) and THETA are up 12% and 9%, respectively. On the other extreme end, UMA is among the worst-hit digital assets, after plunging more than 10% over the last 24 hours. Read more ...

BTC/USD price chart

Stellar Price Analysis: XLM prints a scary bearish pattern on its monthly chart

Stellar (XLM) is the 18th largest digital asset with a current market capitalization of $1.5 billion and an average daily trading volume of $115 million. The coin is most actively traded at Binance against USDT and BTC. The coin, created by Jed McCaleb, came to life in July 2014 as a primary competitor of Ripple. Read more ...

 

Stellar

Ren Technical Analysis: REN’s splendid recovery stalls as bears swing into action

Ren is among the few cryptocurrencies that sustained an uptrend in the last week. Before the recovery, a breakdown that came into the picture in the first week of September saw the token explore the rabbit hole to lows of $0.16. A reversal on September 20 sent REN/USD piercing through various resistance zones, including $0.20 and $0.24. Unfortunately, the majestic spike ground into a halt beneath $0.25. Read more ...

 

REN/USD price chart

 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

TRON gains 10% in 2024, supply of stablecoins reaches over $50 billion in Q1

TRON gains 10% in 2024, supply of stablecoins reaches over $50 billion in Q1

TRON, a blockchain-based digital platform, has seen positive growth in the first quarter of 2024, as seen in a Messari report. TRON noted gains across several metrics like market capitalization, revenue and total value locked. 

More Tron News

XRP hovers near $0.50 as Ripple CTO addresses concerns related to stablecoin launch

XRP hovers near $0.50 as Ripple CTO addresses concerns related to stablecoin launch

XRP is hovering near $0.53 on Friday, spending nearly all week below $0.55. Ripple CTO David Schwartz addressed concerns on stablecoin and XRP utility on Thursday. 

More Ripple News

Terraform Labs set to restrict access for users in the US after recent ruling in SEC lawsuit

Terraform Labs set to restrict access for users in the US after recent ruling in SEC lawsuit

Blockchain company Terraform Labs said Thursday that it will restrict access to some of its products and services for US-based users as it expects to receive a court order soon in light of its legal battle against the US Securities and Exchange Commission (SEC).

More Terra News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

More Bitcoin News

Bitcoin: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin: BTC’s next breakout could propel it to $80,000

Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read full analysis

BTC

ETH

XRP