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Cryptocurrencies Price Prediction: Ethereum, VeChain and Shiba Inu – European Wrap 6 September

Cryptocurrencies Price Prediction: Ethereum, VeChain and Shiba Inu – European Wrap 6 September
FXStreet TeamFXStreet TeamFXStreet

Ethereum layer-two solutions in the spotlight as ETH price eyes $5,00

Ethereum price is coiling up after tagging a crucial psychological level. Investors can expect ETH to shoot higher as the overall outlook of the cryptocurrency market remains optimistic. In a highly bullish case, the smart contract token will likely set up a new all-time high.

ETH/USDT 1-day chart

VeChain Price Prediction: VET bulls kick-start 60% advance

VeChain price has been on a slow upswing after weeks of consolidation. However, the recent ascent breached a crucial resistance level, indicating the start of a new leg-up.

VET/USDT 1-day chart

Whale buys 150 billion Shiba Inu coins, SHIB continues uptrend

Cryptocurrency market analysts believe that Shiba Inu coin can overtake Dogecoin, expect decentralized exchange ShibaSwap to burn more SHIB. The drop in SHIB’s circulating supply is likely to trigger a price rally.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.