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Cryptocurrencies Price Prediction: Ethereum, VeChain and SafeMoon – European Wrap 5 October

Cryptocurrencies Price Prediction: Ethereum, VeChain and SafeMoon – European Wrap 5 October
FXStreet TeamFXStreet TeamFXStreet

Three reasons why Ethereum price is going to $5,000

Bitcoin price suffered two fatal corrections on September 7 and September 20. However, the buyers stepped in, giving bears a run for their money, leading to consolidation. The buyers appear to have taken control of the ship and likely aim to break out from a bullish pattern.

ETH/USD 1-day chart

VeChain Price Prediction: VET to shake out bears with upswing to $0.13

VeChain price continues to trend higher despite the consolidative nature of the cryptocurrency market. While VET is displaying a bullish outlook, its upside remains capped by a crucial resistance barrier.

VET/USDT 1-day chart

SafeMoon price diverges as bulls hold keys to break downtrend at $0.00000118

SafeMoon (SAFEMOON) price is finally showing some divergence after six consecutive weeks of the downtrend in SAFEMOON price action. Bulls can defend a crucial level at $0.00000118, which is the crossroad between the downtrend and the start of the uptrend. Bulls have the power to run SafeMoon price toward $0.00000296.

SAFEMOON/USD weekly 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 defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.

Cryptocurrencies Price Prediction: Ethereum, VeChain and SafeMoon – European Wrap 5 October