Cryptocurrencies Price Prediction: Stellar Lumens, Ethereum & Polygon — Asian Wrap 1 Nov

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XLM price gears up for 15% ascent as Stellar cheers bull cross

Stellar Lumens (XLM/USD) is consolidating its latest rally to nine-day highs of $0.397 on Sunday, as bulls await a fresh impetus for the next leg higher. XLM price is resuming the recovery momentum from two-week troughs of $0.309, snapping Saturday’s brief pullback. Stellar price is higher by 6% on the day, currently trading at $0.3820, shrugging off the mixed performance across the crypto market.

Ethereum price readies for lift-off towards $4900 amid bull flag breakout

Ethereum, the no.2 widely traded cryptocurrency, is picking up fresh bids above $4300, reversing a temporary reversal seen on Saturday. ETH price saw a brief correction from all-time highs of $4462 a day before, although the bulls are back in the game amid the ongoing optimism surrounding the Ethereum 2.0 Altair Beacon Chain update, which was done successfully with 98.7% of nodes upgraded as of early Friday.

MATIC price needs to crack this barrier as Polygon bulls continue targeting $3

MATIC price is looking to resume its bullish momentum on Sunday, pausing its two-day corrective declines from five-month highs of $2.31. The token’s rally in the October series could be associated with Polygon’s announcement that it received its first Insurer - Tidal Finance.“ The uptick in RSI above 50.00 remains in favor of MATIC buyers.

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Ripple ticks up as buyers re-engage

Ripple trends higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes

Bitcoin steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum and Ripple, exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.

Bitcoin stages modest rebound ahead of US PPI data

Bitcoin recovers slightly, trading above $62,500 on Thursday after three consecutive days of losses. US-listed spot ETFs recorded outflows of $213.85 million on Wednesday, indicating persistent withdrawals amid renewed US-Iran tensions.

Pi Network: Recovery at risk with 16 million PI tokens ready for unlock

Pi Network edges higher on Thursday after three days of consecutive losses earlier this week, extending the prevailing downtrend since late April. The scheduled unlocking of 16 million PI tokens on Thursday could add pressure to the intraday recovery.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.