Cryptocurrencies Price Prediction: Cardano, Bitcoin & Ripple – European Wrap 07 January [Video]

Cardano Price Prediction: ADA positions itself for a 20% upswing

Cardano price is glued to a crucial support level touched many times in the past, most recently on January 5. This barrier is significant and will determine the next course of action for ADA.

ADA/USDT 9-hour chart

 

BTC to revisit $52,000 after recent sell-off 

Bitcoin price shows dual nature as it undergoes another sell-off albeit a relatively smaller one compared to the ones seen on December 4, 2021, and January 4. Ironically, the downswing presents a bullish opportunity as it sets the perfect stage for a move higher. From a long-term perspective, however, there is still room for the big crypto to slide lower.

BTC/USDT 4-hour chart

 

Ripple price sets the stage for 33% advance before the end of discovery

Ripple price continued its downtrend in 2022. Analysts have evaluated the Ripple price trend and predicted a reversal. 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.