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Cryptocurrencies Price Prediction: Bitcoin, Yearn.Finance & Neo – Asian Wrap 18 Nov

Cryptocurrencies Price Prediction: Bitcoin, Yearn.Finance & Neo – Asian Wrap 18 Nov
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price majestically rockets past $18,000 as $20,000 beckons

Bitcoin rally is in full swing as investors anticipate a final leg up to $20,000. The flagship cryptocurrency has in the last couple of weeks broken key barriers to top $18,000 on Wednesday towards the end of the Asian session. BTC/USD last traded at this level in 2018 during the 2017 parabolic rally. At the time of writing.

Yearn.Finance Price Prediction: YFI ready to explode to $28,000 as upward pressure builds up

Yearn.Finance's upward momentum has consistently developed since a bottom was called at $8,000. The decentralized (YFI) token is likely to lift off to $28,000 as long as the crucial hurdle is shattered at $24,000. YFI is still the most expensive cryptocurrency token in the market, despite Bitcoin rallying towards $18,000.

Neo Price Prediction: NEO is ready to retrace towards $15.5 as technicals turn bearish

NEO's price has increased by over 11% over the past few days, as it peaked at $16.7. As the so-called "Chinese Ethereum" tries to catch up with Bitcoin's price rally, it appears the bulls are losing steam as a particular technical indicator predicts that prices are gearing up for a downward trend before it regains momentum.

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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 extends breakout as ETF inflows, futures demand drive momentum

XRP extends breakout as ETF inflows, futures demand drive momentum

Ripple rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink is up roughly 8% on Friday, pushing the price up over 20% so far this week into double digits. DeFi ecosystem records daily DEX volume of over $9 billion for three consecutive days as TVL rises to $84.76 billion.

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.