Cryptocurrencies Price Prediction: Bitcoin, Yearn.Finance and Bitcoin SV – European Wrap 9 November


Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market remains sluggish, breakout seems imminent

The cryptocurrency market was relatively slow-moving over the weekend for most of the digital assets. However, some selected altcoins like Aave sustained the uptrend, as reported earlier by FXStreet. Bitcoin also made a comeback from the support confirmed at $14,500. Read more...

 

BTC/USD price chart

Yearn.Finance Price Analysis: YFI whales are ready to dump the token

Yearn.Finance (YFI) has been one of the biggest gainers recently. The 40th largest digital asset with the current market capitalization of $500 million topped at $17,700 on Saturday, November 7, and retreated to $14,700 by the time of writing. Despite the price decrease, it is 5% higher on a day-to-day basis. In the past seven days, the token has gained over 34%. Read more...

Bitcoin SV multisig mechanism gets hacked, user loses nearly $100,000

Meanwhile, at the time of writing, Bitcoin SV is changing hands at $164. The coin with the current market capitalization of $3 billion has gained nearly 2% on a day-to-day basis amid the recovery from the recent low of $146 hit on November 4.  The coin has been locked in a range of $150-$180 since the beginning of September. Read more...

BSV/USD daily chart

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SafeMoon price eyes a pullback amid oversold conditions before next downswing kicks in

SafeMoon price brought an end to its ten-day-long range trade at lower levels, following a daily closing below the rising trendline support at $0.00000236 that validated a bear flag formation. RSI peeps into the oversold territory, warranting caution for the bears. Therefore, a rebound could be in the offing before SAFEMOON price resumes the next downswing. 

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Cardano price awaits acceptance above this key hurdle to initiate rally towards $1.45

Cardano awaits a range breakout from two key averages on the 12H chart. An impending bull cross and bullish RSI keep the ADA buyers hopeful. ADA price eyes a rally to 200-SMA at $1.4545 on a firm break above 100-SMA. 

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XLM price gearing up for a big move above $0.2870

Stellar price is alternating between gains and losses around $0.2800 so far this Saturday, looking out for a strong bullish catalyst to extend the recent uptrend. XLM price remains primed for a bullish breakout from the triangle above $0.2870.

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Ethereum Price Prediction: $2500 - a tough nut to crack for amid impending death cross

Ethereum’s daily chart shows that the price is lacking a follow-through upside momentum, as the bears are awaiting confirmation of a death cross formation. However, with the RSI still trending above the midline, the ETH buyers could defy the bearish warning. 

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

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