|

Cryptocurrencies Price Prediction: Stellar Lumens, Enjin Coin and Filecoin – European Wrap 17 March

Stellar screams sell as technicals flip massively bearish

Stellar has lost a significant amount of its value from the yearly high traded at $0.6. The correction from this level was accentuated by the bearish wave that swept across the market on Monday. Recently, support was established at $0.36, but recovery has been limited under a descending trendline. Read more...

XLM/USD 4-hour chart

ENJ is one step away from plunging to $1.50

Enjin Coin is in the middle of a downswing from the record high traded around. The ongoing correction has put an end to the consistent winning streak from the beginning of March. ENJ must hold within an ascending channel to avoid the possibly extensive losses. Read more...

ENJ/USD 4-hour chart

Filecoin new update will ease miners’ woes while FIL price runs on fumes

Filecoin users and miners might benefit from the latest improvement proposal. But, FIL price shows exhaustion as bears prepare to take control. Read more...

FIL/USDT 1-week chart

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

XRP Price Prediction: XRP tests major support at $1.00
Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.
Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off
The cryptocurrency market is stabilizing on Friday as prospects for de-escalation in Middle East geopolitical tensions improve. Artificial Intelligence (AI)-focused tokens such as Chainlink (LINK), Near Protocol (NEAR), and Bittensor (TAO) continue to face selling pressure, yet are defending key technical support levels.
Bitcoin’s volatility has nearly disappeared – The risk hasn’t
Spot Bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, Bitcoin remains steady at $64,700, while options flow favors protection at $62,000 and $63,000. The opposing signals point to a market with a spot bid but limited conviction.
Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions
Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout. Meanwhile, Ripple (XRP) maintains a dominant bearish outlook, edging lower toward the crucial $1.00 support.
Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.