Top 3 Price Prediction Bitcoin Ethereum Ripple: Crypto market bound for a brief correction
Bitcoin price fills the extended gap between its close and the Tenkan-Sen, but the slope of the rise may indicate a deeper move south is likely. Ethereum price moved below its Tenkan-Sen and is near the weakest part of the Cloud – the Kumo Twist. Finally, Ripple price is the only cryptocurrency out of the three reviewed in this article that may show some contrarian price action and may move higher rather than lower.
Whale buys $225,000 worth of SafeMoon as analyst turn bullish
A new Safemoon wallet update was pushed out last week; the development team has upgraded the wallet with new features. Safemoon wallet’s beta testers consider it easy to use for beginners; recently, the BNB direct buy feature was added. Within 24 hours of its launch, the Safemoon wallet ranked in the top 25 applications on the AppStore. The dominance of large wallet investors is less than 15%, which implies Safemoon is accessible to retail traders, unlike DOGE or SHIB.
Beta testers of the #SAFEMOONWALLET should have the BNB direct-buy button.
— John Karony (@CptHodl) October 10, 2021
I want to give a special thanks to the team for making sure this gets done. #SAFEMOON is the #Evolution!
P.S. I will be at the Silicon Slopes Summit in Utah.
Cardano sits on strong fundamentals that are not priced in yet
Cardano price has been on an exponential run in 2021, which seems to have exhausted its momentum. After the second swing high on August 30, ADA is now undergoing a full-blown retracement. While this correction started roughly a month ago, more seems to be on its way for the so-called “Ethereum-killer.”
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Latest Crypto News & Analysis
Editors’ Picks
Decentraland price under pressure by market turmoil, MANA points to steep correction
Decentraland (MANA) has not been able to sit back and enjoy its all-time highs printed on Thursday, above $6.0. MANA price reversed to the downside as a wave of negative news surrounding a new Covid variant hit news wires during the Asian session.
Bitcoin, Ethereum, XRP at discount ahead of Black Friday while investors fear new COVID strain
Over $265 billion wiped off the overall crypto market capitalization in a bloodbath as news of the new Covid strain breaks out. Bitcoin, Ethereum and Ripple prices have tumbled over 6%, and the top 10 cryptocurrencies are trading at a steep discount.
XRP holds key support while indicators point to short-term recovery
Ripple started a recovery wave above a key support level of $1.024. XRP price started an upside correction as indicators suggest a short-term recovery. The coin may initiate a fresh downtrend upon a breakout of the $1.024 support level.
Dogecoin-killer Shiba Inu hits 1 million holders, gets listed on South Korean exchange
Shiba Inu hit an important milestone of 1 million holders with a rise in the number of investors. The memecoin listed on a South Korean crypto exchange successfully despite strict regulatory requirements.
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