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Cryptocurrencies Price Prediction: Bitcoin, VeChain and Polkadot – European Wrap 8 November

Cryptocurrencies Price Prediction: Bitcoin, VeChain and Polkadot – European Wrap 8 November
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ETH leads crypto market rally with new all-time high

Bitcoin price has been on a steady uptrend for the past two days and shows signs of continuing. Ethereum and Ripple are following the big cryptic and are heading higher. This trend is likely to translate to other altcoins in the market soon.

BTC/USD 1-day chart

VeChain price flips crucial barrier, triggering 63% breakout to new all-time highs

VeChain price has been stuck under a stiff resistance level for roughly five months but recently managed to break above and flip it into a support level. This development screams a massive uptrend is on its way. 

VET/USDT 1-day chart

Polkadot price to explode to $100 as parachain and crowdloan proposal passes

Polkadot price saw a massive uptick in buying pressure on November 1, which pushed it into the price discovery mode for a brief period. However, this run-up was based on fumes, which has led to consolidation under a crucial resistance barrier. A breach of this level is likely to propel DOT to new highs.

DOT/USDT 1-day chart

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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.

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XRP recovery capped by EMA resistance as network growth moderates

XRP recovery capped by EMA resistance as network growth moderates

Ripple gains momentum and trades above $1.35 on Tuesday, aligning with the broader cryptocurrency market recovery. Crypto majors, including Bitcoin and Ethereum, hold above Monday's weekly lows, suggesting bulls are staging a broad comeback.

Top Altcoins Price Forecast: Ethereum, Ripple, Hyperliquid attempt recovery as bearish risks persist

Top Altcoins Price Forecast: Ethereum, Ripple, Hyperliquid attempt recovery as bearish risks persist

Ethereum recovers above $2,500, up nearly 3% on Tuesday after falling over 3.50% the previous day. Ripple is up 2% on Tuesday, testing a rising support trendline near $1.33 amid risks of a bearish breakout.

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite capital outflows via ETFs

Crypto Today: Bitcoin, Ethereum, XRP edge higher despite capital outflows via ETFs

Cryptocurrency prices are broadly recovering on Tuesday, as bulls stage a comeback. Bitcoin leads the bullish return, rising above $84,000 ahead of the US CPI report on Wednesday. Altcoins, including Ethereum and Ripple, appear neutral to bullish.

Bitcoin rebounds despite cautious sentiment

Bitcoin rebounds despite cautious sentiment

Bitcoin rebounds over 2%, trading above $83,500 at the time of writing on Tuesday, recovering the losses from the previous day. Institutional demand shows signs of weakness, with spot ETFs recording $65.40 million outflows on Monday, while Strategy added 250 BTC to its reserve.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.