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

FXStreet Team FXStreet

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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Ondo: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin Price Forecast: BTC steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 as investors await the Federal Reserve’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Hyperliquid open interest surges 32% in week: Is $80 HYPE next?

Hyperliquid’s native token HYPE rallied 44% over five days, hitting a $76.90 all-time high on Tuesday. Despite the pullback to $73, open interest on HYPE futures reached the $3 billion mark, signaling growing institutional demand.

Meme Coins Price Prediction: DOGE near breakout, SHIB at ceiling and PEPE leads meme coin recovery

Meme coins are approaching a key technical level on Wednesday, which could determine the next directional bias. Dogecoin (DOGE) struggles to overcome a major resistance level, and Shiba Inu (SHIB) recovery lost momentum near a crucial barrier. Meanwhile, Pepe (PEPE) extends its rally for a sixth straight day, raising the prospects of further upside if momentum persists.

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.