Cryptocurrencies Price Prediction: Bitcoin, Ton & Maker — Asian Wrap 01 November

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC declines as resistance emerges near all-time high

Bitcoin (BTC) and Ethereum (ETH) are approaching their key support levels, and a sustained close below these marks could lead to further declines. Similarly, Ripple (XRP) is nearing its critical support level, where a firm close below would indicate a continuation of its downtrend.

TON set to launch synthetic Bitcoin to boost its DeFi solutions

TON revealed its plan on Thursday to launch a synthetic Bitcoin token on its blockchain, allowing users to trade, stake, and earn yield using BTC. Following the announcement, TON is down over 3%.

Maker Price Forecast: MKR could stage 40% rally

MakerDAO (MKR) is up 2% on Thursday and could be set for a 40% rise in the coming weeks if it successfully maintains an extended move above the descending trendline of a falling wedge. On-chain data also supports the bullish outlook after a four-month-long decline.

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FXStreet Team

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