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Cryptocurrencies Price Prediction: VeChain, SafeMoon and Enjin Coin – European Wrap 11 June

VeChain Price Prediction: VET forms potential bottom, eyes 30% upswing

VeChain price retraces to a stable demand level as investors book profits after a minor upswing. VET will face an uphill battle with multiple swing highs to take out. Therefore, investors can expect this rally to be a slow run-up.

VET/USDT 4-hour chart

SafeMoon Price Prediction: SAFEMOON looks to climb 20%

SafeMoon price shows a resurgence of bulls that have kept it from heading lower. Instead, SAFEMOON has ricocheted off the support level and might continue to rise if the buyers persist.

SAFEMOON/USDT 4-hour chart

Ethereum price prepares for a bullish weekend, targeting $3,000

Ethereum price seems to be consolidating, lacking the volume to breakout. But as the Salvadoran news settles in, ETH may be preparing to rebound. 

ETH/USDT 4-hour chart

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XRP battles selling pressure as profit-taking, ETF inflows shape outlook

Ripple (XRP) is trading downward but holding support at $2.22 at the time of writing on Wednesday, as fear spreads across the cryptocurrency market, reversing gains made from the start of the year. 

Crypto Today: Bitcoin, Ethereum, XRP pause uptrend amid mixed ETF flows, weak sentiment

Bitcoin extends correction below the $93,000 mark at the time of writing on Wednesday, signaling a cooldown from the early-year rally that touched $94,789 on Monday. Altcoins, including Ethereum and Ripple, are also facing headwinds amid uncertainty in market sentiment.

Zcash Price Prediction: ZEC falls as demand stagnates, retail sentiment weakens

Zcash remains under selling pressure, extending its second bearish week and trading below $500 with over 2% decline at press time on Wednesday. The privacy coin experiences a consolidation in user demand as shielding pools consolidate.

Bitcoin pulls below $92,000 as momentum cools near resistance

Bitcoin (BTC) slides below $92,000 at the time of writing on Wednesday after falling to close above the key resistance earlier this week. Institutional demand shows mixed sentiment with alternating inflows and outflows this week. 

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.