|

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

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

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 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

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 (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 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.