TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: MATIC, Terra & Bitcoin – American Wrap 24 October

Cryptocurrencies Price Prediction: MATIC, Terra & Bitcoin – American Wrap 24 October
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Brief respite from bears and $22,000 BTC on the cards

Bitcoin price has been consolidating over the weekend, albeit triggering a minor rally. This move continues to be undone as sellers offload their holdings. But the bullish move over the weekend could be an indication of more positive developments to come. Bitcoin price continues to consolidate around the $19,000 level with no directional bias. Ethereum price is stuck between the $1,440 and $1,280 barriers and awaits a go-signal from BTC. Ripple price could slide to $0.397 if it fails to recover above the $0.464 support level.

MATIC price at crossroads for the year as winter could turn up the heat in crypto

Polygon (MATIC) price action saw traders putting forward their bets for the fall and winter as price action rocketed 8%. A small fade this Monday morning is not that strange: China markets tanked massively, and the nearby vicinity of the monthly R1 resistance level is triggering some profit-taking. Two big important technical indicators are trading almost at the same price and could be seen crossing into a bullish sentiment outlook for the coming months.

Terra's Luna Classic price could rally 15% this week, here's why

Terra's Luna Classic price is starting the final trading week of October on a bad foot. On October 24, the digital currency has been overcome by a bearish onslaught.  During the weekend, LUNC price witnessed an applaudable uptrend bringing the market value up 10%. The bears immediately stepped in near the highs at $0.00024639 and have since forged a penny-from-Eiffel decline with very shallow pullbacks.

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

Ripple and Stellar outlook: XRP rally cools, XLM heads toward a make-or-break support

Ripple and Stellar outlook: XRP rally cools, XLM heads toward a make-or-break support

Ripple and Stellar trade under pressure after losing over 2% and 3% so far this week. XRP and XLM are both nearing their crucial support zones, which could determine the next directional move. Meanwhile, mixed derivatives and on-chain data suggest upside potential remains limited for both altcoins. CryptoQuant’s summary data shows cautious signs for both altcoins.

Crypto Overview: Bitcoin dips below $78,000 – NEAR, ZEC sustain gains

Crypto Overview: Bitcoin dips below $78,000 – NEAR, ZEC sustain gains

Bitcoin trades below $78,000 maintaining a near-term corrective tone amid hawkish macroeconomic factors. US bond market shrugs off the US Treasury's increase in buyback operations to $6 billion in long-term debt as yields continue to rise, signaling an insufficient step amid the ongoing war with Iran.

Bitcoin outperforms global assets as $83K-$86K resistance zone continues to weigh on rally

Bitcoin outperforms global assets as $83K-$86K resistance zone continues to weigh on rally

Bitcoin has continued to recover from its mid-year weakness, outperforming major traditional assets over the past month, amid strong resistance around the $83,000 to $86,000 range. BTC gained 23% over the past 21 trading sessions, while the S&P 500 and Nasdaq 100 were broadly flat and the Euro Stoxx 50 declined, according to a Glassnode report published Wednesday.

Ethereum Price Forecast: ETH holds near $2,500 amid derivatives weakness

Ethereum Price Forecast: ETH holds near $2,500 amid derivatives weakness

Ethereum (ETH) holds steady near $2,500 on Wednesday amid weakness in derivatives and mild buying dominance in spot markets. Since the short squeeze that expanded ETH's rally toward $2,500 in late August, meaningful leverage has yet to return to support the uptrend.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.