Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Crypto – European Wrap 8 October
Ethereum is recovering strongly within the projected five-wave impulse, as expected. Price is still consolidating near the highs, suggesting that wave 4 correction may still be in progress.
Ethereum wave four consolidation could lead to another push higher Ethereum is recovering strongly within the projected five-wave impulse, as expected. Price is still consolidating near the highs, suggesting that wave 4 correction may still be in progress. ETH could revisit the 2570–2350 support zone before a bullish continuation into wave 5, with the next target around the 2900–3000 area.
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Bitcoin Price Forecast: BTC slips below $83,000 amid ETF outflows, macro headwinds Bitcoin (BTC) remains under pressure, trading below $83,000 at the time of writing on Thursday, down over 4% so far this week. Institutional demand has supported this weakness, with spot Exchange Traded Funds (ETFs) recording outflows of over $487 million on Wednesday, the highest single-day withdrawals since June 25.
Meanwhile, broader macroeconomic headwinds weigh on sentiment, pressuring Crypto King’s price. Top Altcoins Price Forecast: Ripple, Cardano, Solana – Sellers in control flag further downside risk Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), are facing near-term selling pressure, extending losses so far this week.
Ripple and Solana witness reduced institutional support, while Cardano follows suit. The technical outlook for XRP, ADA, and SOL is bearish, with mounting downside pressure.
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