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Cryptocurrencies Price Prediction: VeChain, Dash and Bancor – European Wrap 19 February

Cryptocurrencies Price Prediction: VeChain, Dash and Bancor – European Wrap 19 February
FXStreet TeamFXStreet TeamFXStreet

VET stuck in a no-trade zone as bulls fight for breakout

VeChain is trading at $0.052 after suffering a rejection under $0.06. The token is within a choppy market, implying that consolidation will continue to take precedence. Read more...

VET/USD 4-hour chart

DASH hits another colossal milestone as $600 beckons

The Dash rally is catching momentum after achieving its technical breakout target. At the time of writing, the token is seeking support above $300. A comprehensive look at the weekly chart shows that the rally is halfway to $600. Read more...

DASH/USD weekly chart

BNT on-chain metrics keep the spectacular rally on track

Bancor's price has rallied over 120% from its former all-time high and 1,165% from the lows in November 2020. The persistent rise in value has kept investor interest high in the altcoin, at the time of writing exchanging hands at $5.58. The bulls' attention has now been channelled to seeking higher support before resuming the rally backed by on-chain metrics. Read more...

BNT/USD daily chart

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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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Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple is coming under intense selling pressure, trading around $1.40 on Monday. The remittance token appears to lack the required tailwind to sustain its recovery, while broader crypto market headwinds weigh on price action.

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol is down 3% at press time on Monday, ticking lower after rallying 30% over the last three days as buying pressure eases. The recovery aligns with Bitwise’s NEAR-focused ETF recording its second weekly inflow of over $13 million last week.

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot ETFs recording $681.10 million in net outflows last week, ending a three-week streak of inflows.

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Cryptocurrency prices are broadly consolidating on Monday, with select tokens such as Ethereum slowly edging higher above $2,500. Bitcoin holds above $84,000 as bulls battle seller congestion, while Ripple consolidates around $1.40.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.