Cryptocurrencies Price Prediction: Crypto.com, Luna Classic & Polygon — Asian Wrap 02 November

FXStreet Team FXStreet

Crypto.com price prediction: Will the launch of Visa partnered FIFA NFT collection trigger an uptrend?

Crypto.com price, unlike Ethereum, MATIC and other cryptocurrencies, did not note any significant price increase. However, Crypto.com’s partnership with FIFA could turn things around for its native token, provided its ongoing efforts pay off when the FIFA World Cup begins in two weeks.

Luna Classic Price Prediction: Bears aiming to wipe out retail traders

Terra's Luna Classic price is declining in free-fall fashion. A sweep-the-lows event is likely underway. Terra's Luna Classic price is showing concerning signals during the first trading day of November. After a 15% Sunday rally, LUNC abruptly fell under the 21-day simple moving average.

MATIC price prediction: Will Polygon's expansion to 288 million Indians prevent a downturn?

MATIC price painted some gains over the last three weeks; however, the asset is again flashing bearish signals on the chart. The broader market is not very supportive either, with the total crypto market cap still struggling to close above $1 trillion.

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Top 3 Price Prediction: BTC recovers, Ethereum clings to support, XRP consolidates

Bitcoin, Ethereum and Ripple begin the week on a steadier footing after correcting by nearly 4%, 2%, and 6% respectively, in the previous week. BTC is attempting a modest recovery, trading above $64,500 on Monday, while ETH continues to defend the crucial $1,700 support level.

Aave founder outlines plan to bring multi-trillion-dollar securities market onchain with V4

Lending protocol Aave founder Stani Kulechov revealed a proposal to bring the multi-trillion-dollar securities market onto blockchain infrastructure, according to a blog post on Friday.

Ethereum Price Forecast: Impending funding crisis could put Ethereum at risk

Ethereum developers could face a "slow-burning funding crisis" in the coming months following the depletion of the Ethereum Foundation treasury and the expiration of the Client Incentive Program, according to former EF contributor Trent VanEpps.

Bitcoin's weakening sell pressure hints at possible market bottom — CryptoQuant

Bitcoin (BTC) may be approaching the final stages of its current correction as selling pressure eases, according to a CryptoQuant report on Thursday. The report noted that the current phase of realized losses differs significantly from the first major sell-off earlier this year. The data suggests that many panic sellers may have already exited the market.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.