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Cryptocurrencies Price Prediction: Dogecoin, Litecoin and Stellar Lumens – European Wrap 3 March

Cryptocurrencies Price Prediction: Dogecoin, Litecoin and Stellar Lumens – European Wrap 3 March
FXStreet TeamFXStreet TeamFXStreet

DOGE stalls ahead of 38% technical breakout

Dogecoin bulls have been keen on recovery since the price drop at the beginning of March. However, the momentum continues to lose steam, leading to lethargic price action. DOGE must break above a critical seller congestion zone to open the door for a huge technical liftoff. Read more...

DOGE/USD 4-hour chart

LTC lifts off the Launchpad while $250 beckons

Litecoin has set out north after bouncing from support at $152. Initially, recovery was gradual but became rapid after LTC stepped above the 200 Simple Moving Average on the 4-hour chart. If a near-term confluence level is broken, Litecoin may see massive buy orders triggered in anticipation of an upswing to $250. Read more...

LTC/USD 4-hour chart

Stellar could sprint to $0.65 if crucial technical pattern confirms

Stellar stalled at $0.48 following the dip to $0.3. Sideways price action seems to have taken precedence, but XLM appears to be leaning to the bullish side. The cross-border token is also trading between two key levels that might determine its future. Meanwhile, Stellar is looking toward a 35% technical breakout, aiming for $0.65. Read more...

XLM/USD 4-hour chart

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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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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

Ripple and Stellar show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

Crypto Overview: Bitcoin consolidates above $60,000  – CRV, WLFI, XMR lead gains

Crypto Overview: Bitcoin consolidates above $60,000  – CRV, WLFI, XMR lead gains

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors. Still certain altcoins, Curve DAO, World Liberty Financial, and Monero, have emerged as top performers over the last 24 hours.

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin's recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday. The firm noted that Bitcoin's earlier May rally now appears increasingly as a "bear bounce".

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.
Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.