Cryptocurrencies Price Prediction: Bitcoin, Stellar Lumens and Ethereum – European Wrap 5 May
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: JP Morgan CEO still not sold on cryptocurrencies, market scrambles to find support
Bitcoin price shows no bearish signs yet despite its rapid sell-off on Tuesday, but its move hereon will determine its direction. Ethereum, on the other hand, has an entirely different outlook and shows a rigorous tussle between the buyers and sellers, leading to sideways movement.
XLM Price Prediction: Stellar eyes 10% rally to set up another swing high
XLM price shows extreme resilience as it tagged the demand zone extending from $0.474 to $0.503. A quick bounce from this level could set the stage for a subsequent swing high near $0.588. The bullish outlook will face invalidation upon the breakdown of the support level at $0.470.
These five on-chain metrics suggest that Ethereum bull market has just begun
Ethereum price has been a topic of discussion in the cryptocurrency ecosystem since it hit a new all-time high of $3,524 on May 4, while Bitcoin price is still recovering from the flash crash witnessed in April.
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