Cryptocurrencies Price Prediction: Bitcoin, Algorand and Ethereum – European Wrap 20 April
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Has a new crypto bull run begun?
Bitcoin price has shown considerable strength as it bounces off a crucial support confluence. This bounce is similar to the last two retests that led to a massive upswing. Therefore, Ethereum, Ripple and altcoins are likely to have a green week.
How to position yourself for Algorand’s next 60% price move
Algorand price is setting the stage for a massive upswing with a bottom reversal pattern as it bounces off a stable support level. With the general market structure looking good, a resurgence in buying pressure is what investors can expect ALGO to experience. Therefore, an uptrend is likely on the cards for the altcoin and gains for patient holders.
Ethereum Price Prediction: ETH targets $3,500
Ethereum (ETH) price is on the cusp of rallying 17% as bulls close above the monthly pivot on Tuesday, and ETH price is currently testing support for a rebound towards $3,200. Although the Nasdaq is causing headwinds with FAANG-stock Netflix on the backfoot, dropping 25%, other tailwinds are emerging and underpinning the price action's bullish hand. Expect to see a staged rally with the first target at $3,200 and the ultimate level at $3,500, where the 200-day Simple Moving Average (SMA) has been flatlining for over a month now.
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