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Cryptocurrencies Price Prediction: Chainlink, Aptos & VeChain – American Wrap 07 November

VeChain price looks ready to explode toward $0.04 for these reasons

VeChain price validated last month's bullish trade idea. Traders who partook in the move may be enticed to aim for extended targets as the technicals show a strong bullish presence. Key levels have been defined to gauge VET's next potential move.

Aptos Price Prediction: Eight of every ten traders are trying to catch the knife

Aptos price witnessed a strong sell-off during November's first trading weekend. If market conditions persist, a continuation of the downtrend could occur throughout the week. Key levels have been identified to gain perspective on APT’s next potential move.

Chainlink price pops higher as equities rally, but what about the broader picture?

Chainlink (LINK) price action had bulls popping champagne on Friday with nearly 13% intraday gains in the books, making it one of the best trading days for 2022. Unfortunately, the weekend hangover  came in hard as price action in Chainlink quickly reversed as profits were booked. A cold shower came for investors as China is not letting go of its zero-covid policy, which is putting pressure on the supply chain and global economy.

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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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Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.