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Cryptocurrencies Price Prediction: SafeMoon, Ripple and Ethereum – European Wrap 2 November

SafeMoon price takes a break before doubling again

SafeMoon price has seen tremendous run-up over the past two weeks as dog-theme coins continue to rally. SafeMoon price, albeit not a memecoin, has shown strength after months of a downtrend and hints at continuing this ascent.

SAFEMOON/USDT 1-day chart

XRP price is primed for a 200% breakout

XRP price has been consolidating below a crucial trend line for nearly two months. However, a breakout seems to be around the corner as Ripple gets squeezed between vital support levels and resistance barriers.

 
XRP/USDT 12-hour chart


Ethereum Triple Halving author expects ETH to beat Solana scalability

Ethereum supply has turned deflationary, with burned ETH tokens exceeding the issuance. Analysts expect negative issuance and exploding on-chain activity to trigger the "Ethereum Triple Halving."

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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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XRP extends breakout as ETF inflows, futures demand drive momentum

Ripple rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin Weekly Forecast: 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.

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink is up roughly 8% on Friday, pushing the price up over 20% so far this week into double digits. DeFi ecosystem records daily DEX volume of over $9 billion for three consecutive days as TVL rises to $84.76 billion.

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.