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Cryptocurrencies Price Prediction: ThorChain, Bitcoin & Cardano — Asian Wrap 09 February

Cryptocurrencies Price Prediction: ThorChain, Bitcoin & Cardano — Asian Wrap 09 February
FXStreet TeamFXStreet TeamFXStreet

ThorChain Price Prediction: RUNE bulls prepare to reclaim $5.50

ThorChain (RUNE) price is trading with a bullish bias, completing a full swing V-shaped recovery after the steep dip in the first four days of February. It comes amid an altcoin revival recourse, inspired by Bitcoin (BTC) price breaking past the $45,000 psychological level. 

Bitcoin price shows strength as US BTC ETF flow percentage beats AUM in most regions

Bitcoin (BTC) price has inspired optimism among traders after breaking consolidation within a daily supply zone. The next directinal bias, however, hinges on whether it will be able to break above the supplier congestion level it now faces. 

Cardano price could rise 30% as crypto markets take to a revival course

Cardano (ADA) price continues to consolidate below a descending trendline, a bearish technical formation that extended the choppy altcoin market. However, this outcool appears to be changing as cryptocurrency markets take to what appears to be a revival course. 

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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.

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