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

FXStreet Team FXStreet

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.

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.

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.

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Ripple Price Forecast: XRP builds recovery momentum as whales increase exposure

Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains. This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.

Bitcoin Price Forecast: BTC recovery pauses as hawkish Fed, US-Iran tensions weigh on sentiment

Bitcoin (BTC) steadies above a key support zone on Thursday, consolidating near $64,000 after a modest rebound earlier this week. Fresh inflows into BTC spot Exchange Traded Funds (ETFs) has provided some support.

Crypto Today: Bitcoin, Ethereum, XRP trade sideways as US-Iran tensions intensify

The crypto market is trading in neutral-to-slightly bullish conditions on Thursday, with Bitcoin (BTC) holding above $64,000 while its immediate upside remains capped. Ethereum (ETH) hovers above the $1,900 short-term support level while Ripple (XRP) struggles to gain momentum ahead of a potential nail $1.10 breakout.

Bitcoin ETF inflows return as Ether funds slip into outflows

US-listed spot Bitcoin exchange-traded funds (ETFs) ended a four-session outflow streak on Wednesday, recording $32.1 million in net inflows.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.