TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Cardano, Ethereum Classic and Ethereum – European Wrap 4 November

Cryptocurrencies Price Prediction: Cardano, Ethereum Classic and Ethereum – European Wrap 4 November
FXStreet TeamFXStreet TeamFXStreet

Cardano price targets $10 following new partnerships in Africa

Cardano founder Charles Hoskinson reveals that ADA is counting on the "smart cow effect." The smart cow problem is when a group of individuals is faced with a technically difficult task, one of the members solves it. Hoskinson expects Cardano's partnerships with African governments to influence regulators in the United States. 

Side by side comparison of ADA price trend in 2018-20 and 2020-21


Ethereum Classic price to retest $40 as ETC bulls get hammered

Ethereum Classic price shows that bulls are losing control and that a drop might arrive soon. However, there is one support trend line that will decide if ETC slides lower or stays put. 

ETC/USDT 1-day chart

Ethereum fundamentals look stronger than ever making a $7,000 ETH inevitable

Ethereum price has been showing strength while the big crypto takes a backseat. This development has allowed ETH to set up a new all-time high. Although this upswing is slow, things will change soon as the smart contract token is likely to shed the weight on a minor retracement before blasting off to new psychological levels.

ETH/USDT 1-day chart

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

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

The biggest story this week was Tuesday’s US midterm elections, which saw Democrats win control of both the House and the Senate in a clear blue wave. This political shift in the US has triggered sharp price swings across the cryptocurrency market.

Ripple nears oversold territory as traders eye buying opportunities

Ripple nears oversold territory as traders eye buying opportunities

Ripple remains structurally capped near $1.20 after selling pressure wiped out the early-week rise to $1.34, driven by the US midterm elections. Market participants exhibited regulatory concerns ahead of the Democrats taking control of Congress in January, with many repositioning and adjusting their portfolios.

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin is down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. A sharp sell-off in US technology stocks reversed Bitcoin’s post-election rally on Thursday, triggering a wave of liquidations across the market and intensifying bearish pressure.

Post-US midterm elections market sell-off weighs on PI

Post-US midterm elections market sell-off weighs on PI

Pi Network (PI) continues to attract sellers, as the post-US midterm results triggered a sell-off in the US tech stock market and also wiped out over $1 billion from the crypto market.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.