|

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

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.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.