Cryptocurrencies Price Prediction: Sandbox, Tezos & FTT — Asian Wrap 08 November

FXStreet Team FXStreet

The Sandbox price could be setting up for a monstrous move targeting $1.00

The Sandbox price is showing eye-candy-like technicals during the second trading week of November. As price coils between two indicators, traders are speculating whether or not to jump into the market. Key levels have been defined to gauge SAND's next move.

Tezos price traps bulls, here's what could happen next

Tezo's XTZ price could become problematic for investors as the price is falling rapidly during the second trading week of November. Furthermore, on-chain metrics hint that a volatile move could arise. Key levels have been defined to gauge XTZ's next potential move.

FTT price drops by 7.5% as FTX’s CEO attempts to reconcile with Binance head CZ

FTT price went through an unexpected fall in price, but the reason goes back to two of the most influential individuals in the crypto space. FTX’s revelation of Almada Research’s holdings did not sit well with many, which led to sudden selling pressure in the market.

Author

FXStreet Team

FXStreet

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.

Top 3 Price Prediction: BTC consolidates gains, ETH defends support, XRP nears breakout trigger

Bitcoin, Ethereum and Ripple begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively. BTC steadies around $65,600, ETH continues to hold firmly above the key $1,700 support, while XRP nears the upper boundary of the falling channel pattern.

Ethereum Price Forecast: ETH struggles below $1,700 amid subdued on-chain users and capital outflows

Ethereum rises, albeit gradually, toward $1,700. The smart contract token reflects a marginal increase in buyers seeking to re-engage at lower price levels, following the massive drawdown from mid-May, which was largely driven by geopolitical tensions in the Middle East and macroeconomic uncertainty.

XRP clings to support as derivatives interest cools

Ripple hangs on to $1.14 support, extending its rebound from its early-week support at $1.10 and June’s low of $1.05. Maintaining this short-term support level is vital for the remittance token to preserve its bullish momentum, with a decisive breakout above $1.20 likely to signal further upside potential.

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels. Bitcoin hovers around $63,500 amid a capped upside. Ethereum eyes a breakout past $1,700, while XRP hovers above $1.40.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.