Cryptocurrencies Price Prediction: Polkadot, Binance Coin & Terra — Asian Wrap 25 October

FXStreet Team FXStreet

Polkadot Price Prediction: One more flash crash to $5.30

Polkadot price might be setting up for a flash crash scenario. For the month, the DOT price is down 8%. However, the bears seem to be developing momentum as large bearish engulfing candlesticks accompanied by upticks in the volume are noticed within each declining rally.

These on-chain metrics suggest Binance Coin price will pump back to $280

Binance Coin price remains in bullish territory on the Relative Strength Index after pumping to extreme overbought territory. The bulls have breached and retested the 8-day exponential moving average. Invalidation of the bullish thesis is a breach below $270.

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%.

Author

FXStreet Team

FXStreet

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.

XRP consolidates as inflows and volume climb

Ripple (XRP) retains a slightly bullish outlook on Wednesday despite logging a minor correction from the supply range near $1.15. The remittance token is down 0.5% on the day, reflecting a broader cryptocurrency market drawdown, primarily driven by persistent geopolitical tensions between the United States (US) and Iran in the Middle East.

Bitcoin Price Prediction: BTC recovery holds as ETF inflows persist

Bitcoin (BTC) trades slightly lower around $66,000 on Wednesday as tensions in the Middle East escalate further. Still, the Crypto King is up over 2.5% so far this week.

South Korea crypto volumes shrink as retail investors shift to stocks

South Korea’s major crypto exchanges have seen their trading activity fall sharply over the past year as the country’s stock market surged, suggesting retail speculative interest may be shifting toward equities, Cointelegraph analysis shows.

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid ETF inflows, US-Iran persistent strikes

Bitcoin (BTC) trades elevated above $66,000 immediate support on Wednesday, following a minor correction from its weekly high of $66,956. The broader crypto market appears to lag on the backdrop of the macro-driven rally, with Ethereum (ETH) hovering above $1,900 and Ripple (XRP) holding support at $1.13.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.