TRENDING:
Oil price
XAU/USD
EUR/USD
Trade War
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Solana, Ethereum & Polkadot — Asian Wrap 10 October

Cryptocurrencies Price Prediction: Solana, Ethereum & Polkadot — Asian Wrap 10 October
FXStreet TeamFXStreet TeamFXStreet

Solana launches the Mesh program for DAOs as SOL price foreshadows a 12% climb

Solana price is assessing the possibility of a bullish breakout to usher in the new week. The competitive smart contracts token has continued to trend north of its support at $30.00, but recently it has been challenging for bulls to clear the seller congestion at $35.00.


Ethereum price could validate a 12% selloff before relief rally

Ethereum price is sitting in limbo amid extended market indecision. Although the flagship smart contracts token tagged $1,384 this week, the momentum behind it faltered, leaving bears untethered. ETH is testing support at $1,300 on Sunday ahead of a potential southbound move.


Polkadot's new roadmap is the lifeline of a potential DOT price rally

Polkadot is in the process of cultivating a bullish breakout from a recently formed technical pattern. The parachain token took a breather at $6.30 after encountering strong seller congestion at $6.50. In the meantime, a four-hour to a daily close above the 50-day SMA (Simple Moving Average) is required to cement the bulls' presence in the market.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

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

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.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano is trading near $0.170 at the time of writing on Friday after staging a modest rebound from last week's sharp correction. However, the recovery remains fragile as large holders have resumed reducing their positions, adding fresh selling pressure to ADA.

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

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.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

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

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.