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Cryptocurrencies Price Prediction: Ethereum, Ripple & Band Protocol – Asian Wrap 03 Nov

Cryptocurrencies Price Prediction: Ethereum, Ripple & Band Protocol – Asian Wrap 03 Nov
FXStreet TeamFXStreet TeamFXStreet

Ethereum price sits at make-or-break point while optimism grows around ETH 2.0 - Confluence Detector

Ethereum’s next update, the ETH 2.0, is on the verge of its first major breakthrough. Developers announced that they are close to the long-awaited launch of the beacon chain. The delay has occurred due to an audit on a performance and security-focused signature library called blst.

Ripple Price Analysis: XRP whales accumulate heavily as technicals scream buy

Ripple (XRP/USD) closed the previous three days in the negative territory and touched its lowest level in nearly a month at $0.2322 on Friday. Although the pair erased a large portion of its losses before closing near $0.24, it struggled to gather further bullish momentum on Saturday. As of writing, XRP/USD was up 0.5% on the day at $0.2407.

Band Protocol price looks poised to recover as BAND technicals turn bullish

Band Protocol’s native cryptocurrency, BAND, has endured a three-month-long corrective period that has seen its price drop by nearly 78%. The cross-chain data oracles token went from trading an all-time high of $18.2 in mid-August to hit a low of $4 recently. 

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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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Ripple extends losses as derivatives interest cools

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

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

Sui risks a deeper bearish leg despite on-chain resilience

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

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.