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Cryptocurrencies Price Prediction: Polkadot, Litecoin & Stellar Lumens — Asian Wrap 3 Nov

Polkadot enters price discovery mode as DOT targets $100

Polkadot price has continued to display its leadership as an outperformer in the altcoin market. However, because it has made new all-time highs, it has entered into price discovery mode, which means the highs are unknown until market participants establish them. But buyers should be on the lookout for any weakness or drop in momentum for a steep pullback.


 
Litecoin buyers are piling up before LTC’s massive pump to $250

Litecoin price action, like many altcoins, has been relatively stagnant over the past two weeks. Except for the big spike higher on October 20th and the subsequent spike lower on October 27th, little movement worth note has occurred. But that is about to change.

XLM price remains unchanged as buyers wait for Stellar to hit $0.55

XLM price continues to consolidate, but it may be nearing a fantastic bullish breakout zone ahead. The combination of a conversion to a bull market and the anticipated break of an inverse head-and-shoulders pattern has buyers waiting for confirmation before entering any long trades. 

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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.

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Bitcoin Weekly Forecast: The US Treasury saves BTC

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Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.