Cryptocurrencies Price Prediction: Ethereum, Vechain & Ripple – American Wrap 11 November

FXStreet Team FXStreet

Ethereum price breaks critical resistance, bulls target $500 in the short-term

Ethereum price topped out at $468 on November 7 and seemed to form a potential double top on November 11 after hitting $466, followed by a slight rejection. However, in the past four hours, the digital asset has seen a notable breakout towards $474, negating the possible double top pattern.

Vechain price has the potential to see a 3% rise if this critical barrier is broken

Vechain had a massive 14% price pump on November 9 hitting a high of $0.0118 and establishing an ascending parallel channel shortly after. The most critical resistance level is the upper boundary of this pattern.

Renowned trading veteran condemns Ripple a security while XRP/BTC sinks

Peter Brandt, a legendary 45-years trading veteran has recently discussed the situation of the XRP/BTC pair and the potential of a dead cat bounce now that it’s seeing some action. Brandt believed it’s better to short XRP despite the current price action.

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Cardano holds steady as bulls intensify push for breakout

Cardano rises above the 50-day EMA resistance amid a risk-on mood across the crypto market. The MACD upholds positive divergence, increasing the potential for a 20% breakout to $0.505.

XRP poised for breakout as ETF inflows and bullish momentum align

Ripple is showing strength, trading at $2.36 at the time of writing on Tuesday. The cross-border remittance token has maintained a steady uptrend for six consecutive days, underscoring steady inflows into XRP spot Exchange Traded Funds.

Crypto Today: Bitcoin, Ethereum, XRP uptrend cools amid surging ETF inflows

Bitcoin is retracing toward support at $93,000 at the time of writing on Tuesday, after reaching a previous day’s high of $94,789. Ethereum and Ripple uptrend has cooled after several days of persistent gains, suggesting potential profit-taking.

Bitcoin holds above $93,000 as ETF inflows continue and Strategy boosts holdings

Bitcoin price trades around $93,000 at the time of writing on Tuesday, pausing near a key resistance zone after its recent advance. Institutional demand remains supportive, with US-listed spot ETFs recording their largest single-day inflow since early October.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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