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Cryptocurrencies Price Prediction: Polkadot, Solana & Ethereum — Asian Wrap 23 October

Cryptocurrencies Price Prediction: Polkadot, Solana & Ethereum — Asian Wrap 23 October
FXStreet TeamFXStreet TeamFXStreet

Polkadot Price Forecast: DOT likely to slide to $3.70 as weekend rally fizzles out

Polkadot (DOT) price has been producing lower lows for nearly three months and shows no signs of breaking out. But as DOT trades around the $4 psychological level, investors should note that the possibility of a volatile move. 

DOT/USDT 1-day chart

Solana has a good chance of being 2024’s best performer

Solana (SOL) price suffered a major setback after the FTX exchange filed for bankruptcy. But SOL’s comeback is nothing short of a miracle, considering its year-to-date returns of 195% overshadow that of Bitcoin and Ethereum. 

SOL/ETH 1-day chart

Ethereum Price Forecast: ETH crash to $1,000 can be prevented on the reclaim of a key resistance level

Ethereum (ETH) price breached its multi-month consolidation, favoring the bears. This breakout has caused panic among investors, and if the outlook does not improve for ETH, more downside is likely. While the weekend price action has given bulls some hope, ETH needs to overcome two key resistance levels before investors can breath a sigh of relief. 

ETH/USDT 4-hour chart

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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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