TRENDING:
Fed interest rate
Oil price
XAU/USD
EUR/USD
Trade War
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens & Chainlink – Asian Wrap 2 Oct

Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens & Chainlink – Asian Wrap 2 Oct
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC upside limited at $10,600

The parabolic SAR has reversed from bullish to bearish in the 4-hour chart. This reversal happened after the price plummeted from $10,900 to $10,600. In the process, the price broke below the SMA 50, SMA 100 and SMA 200 curves. The MACD shows increasing bearish market momentum.

Stellar Lumens Price Prediction: XLM risks diving to $0.065 as technicals turn bearish

The cryptocurrency market suffered a setback on Thursday, with bears regaining control across the board. Stellar Lumens also experienced the retreat, following a rejection from areas slightly above $0.075. On the downside, short-term support appears to have been established above $0.07.

Chainlink Technical Analysis: LINK’s correction may drop it to $7

After running out of momentum near the $10.75 resistance line and the 100-day moving average, LINK has been sludging downward for the last five days. Technical analysis tells us that we are about to see a price correction to $7.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple falls below $1.20 despite Africa stablecoin payments push

Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.