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Cryptocurrencies Price Prediction: Polkadot, Stellar Lumens and Bitcoin Cash – European Wrap 7 April

Polkadot Price Forecast: DOT needs to hold critical level to avoid slipping

Polkadot established an all-time high at $46.8 on April 3 and has experienced a healthy correction since then, down to $40.66. The digital asset is trying to form a local bottom to see a new high in the short term.

dot price

Stellar suffers outage, putting XLM price in critical condition

Stellar network’s validator nodes experienced an unexpected breakdown recently. During the same period, the XLM price also hit a dead end and is eyeing a pullback.
 

XLM/USDT 1-day chart

Bitcoin Cash Price Prediction: BCH could plummet to $550 as selling pressure mounts

The Bitcoin Cash price had a significant rally in the past four days, gaining about 33% in value. BCH experienced a correction down to $620, and several indicators show that it could slip even further.  

BCH price

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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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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.