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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.

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Ripple ticks higher as selling pressure eases amid whale net outflows

Ripple ticks higher as selling pressure eases amid whale net outflows

Ripple edges higher near $1.30 on Wednesday, building on a broader crypto market recovery wave. The uptick comes amid the US midterm elections, in which the Democratic Party has clinched victory in the Senate and is on track to gain control of Congress.

Crypto Today: Bitcoin, Ethereum, XRP extend advance as US Dollar slides on Democrats' US midterm victory

Crypto Today: Bitcoin, Ethereum, XRP extend advance as US Dollar slides on Democrats' US midterm victory

Bitcoin trades above $78,000 on Wednesday as risk-on sentiment improves in the broader cryptocurrency market. Ethereum mirrors BTC’s recovery outlook, hovering above $2,300. Ripple similarly exchanges hands above $1.28, marking two consecutive days of gains.

Pi Network Price Forecast: Bullish breakout hopes fade as PI approaches record lows

Pi Network Price Forecast: Bullish breakout hopes fade as PI approaches record lows

Pi Network (PI) is trading in the red on Wednesday, hovering around $0.0755, with a downside risk toward the $0.0704 record low. The retail activity in the derivatives market declines as PI futures Open Interest plunges to nearly $7.50 million.

US midterm elections set up a potential volatility shock for BTC

US midterm elections set up a potential volatility shock for BTC

Bitcoin holds above the key 200-day EMA but remains capped by the 100-day EMA, with a breakout in either direction likely to determine its next directional bias. Analysts remain bullish on BTC but expect a significant price swing in either direction, favoring volatility-based strategies over directional bets.

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.