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Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens & Ethereum – Asian Wrap 25 Nov

Bitcoin Cash Price Analysis: BCH is up 50% in the past four days

BCH was trading sideways throughout October and most of November until a massive 20% breakout on November 21, driving Bitcoin Cash price above $300 for the first time since September 2. The digital asset could be facing some short-term selling pressure.

Stellar Lumens Technical Analysis: XLM seems ready to retrace after a 200% spike in November

Stellar has rallied by 200% in November alone, achieving a monthly peak of $0.219. The remarkable growth followed the bullish cycle across the cryptocurrency market. Meanwhile, a massive correction seems imminent, now that the price has dropped under $0.2.

More than 15 million new Ethereum “hodlers” have joined the network in the past year anticipating a massive breakout

Data from IntoTheBlock shows that the number of addresses holding Ethereum for over a year has gone up 67% within the last 12 months. This could be due to growing excitement around ETH 2.0, as stakers expect staking rewards.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.