|

Cryptocurrencies Price Prediction: Litecoin, Binance & Aelf – Asian Wrap 11 Sep

Litecoin Price Analysis: Price movement remains sluggish, despite high network activity

Despite the recent drop in prices, Litecoin's (LTC) network activity has continued to be significantly high. Data by Santiment shows that Litecoin has witnessed a three-month high in address activity divergence when compared to its current price level.

Binance Coin Forecast: BNB aims for new yearly highs, report shows BNB is undervalued

Binance Coin, the official digital coin of the largest cryptocurrency exchange by reported daily volume and number of users, Binance is on a gradual retreat from the 1-hour timeframe. Following the recent break above $25, BNB trades at $23.24 while hunting for support, preferably above $22.

Aelf Market Update: SashimiSwap shoots up ELF by >140%

Aelf has caused quite a stir by jumping up by more than 140% this Thursday. The real catalyst behind this growth appears to be SasimiSwap, Aelf’s version of the infamous SushiSwap. Back on August 28, Aelf released AESwap, a decentralized trading platform and its first DeFi project. On September 9, AESwap launched SashimiSwap, its version of SushiSwap.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

XRP struggles to hold modest gains as risk-off mood caps upside

Ripple (XRP) hovers above $1.15 on Tuesday, following a rejection near $1.20. The remittance token mirrors the broader risk-off mood, with Bitcoin (BTC) stalling around $63,000 and Ethereum (ETH) trading below $1,700.

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite Middle East tensions easing

Cryptocurrency prices trade amid persistent selling pressure on Tuesday. Bitcoin (BTC) hovers near $63,000, Ethereum (ETH) above $1,650, and Ripple (XRP) around $1.14.

Venice risks bearish reversal amid easing demand and revenue

Venice holds near $16 on Tuesday, extending consolidation after correcting from all-time highs last week. On-chain data show a decline in token staking and burning amid a declining revenue stream, suggesting weaker demand.

Bitcoin Price Forecast: Persistent ETF outflows continue to limit recovery

Bitcoin trades slightly lower on Tuesday after struggling to hold above $64,000, a level that coincides with key daily resistance. Risk sentiment improved slightly after Iran and Israel halted a military escalation following an exchange of strikes.

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.