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Cryptocurrencies Price Prediction: Stellar, RaveDAO & Bitcoin – Asian Wrap 17 April

Cryptocurrencies Price Prediction: Stellar, RaveDAO & Bitcoin – Asian Wrap 17 April
FXStreet TeamFXStreet TeamFXStreet

Stellar Price Forecast: Bullish momentum builds with technical breakout, transaction activity hits quarterly high

Stellar (XLM) price trades slightly down at $0.167 on Friday, after breaking above the descending trendline and rallying over 10% so far this week. The bullish sentiment builds as XLM’s network transactions reach a quarterly high, alongside positive funding rates and bullish momentum indicators.

Crypto Overview: Bitcoin holds at $74,000 amid Trump's good deal comment – RaveDAO, Polkadot, Ethena lead gains

RAVE trades above $17 at press time on Friday, extending a steep bullish phase far above its underlying trend metrics. The pair holds decisively over both the 50-day Exponential Moving Average (EMA) at $3.1171 and the 100-day EMA at $1.8174, underscoring a strongly supported uptrend despite the vertical nature of the latest advance.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH hesitate at resistance, while XRP takes the lead

Bitcoin is trading slightly down around $74,650 on Friday, facing rejection around the 100-day Exponential Moving Average (EMA) at $75,257. Earlier this week, BTC retested and found support around the previously broken upper boundary of an ascending triangle pattern (drawn by connecting highs and lows with two trendlines since early February) near $73,400, hinting at a textbook breakout and retest scenario.

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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.

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