Cryptocurrencies Price Prediction: Ethereum, Bitcoin & DYDX — Asian Wrap 17 April
|Ethereum holders lose risk appetite, here's what it means for ETH price
On-chain analysts at crypto intelligence tracker Santiment believe Ethereum holders have lost their risk appetite for the asset, based on divergences in the market. Experts have predicted a correction in Ethereum, against Bitcoin.
Bitcoin price likely to witness an explosive move to $50,000 on this condition
Crypto analyst who predicted the bull market of 2023 has commented on Bitcoin’s uptrend. The expert believes BTC is primed for a run up to the $50,000 level, however this a likelihood of a correction in the asset soon.
Here’s what dYdX whales know about the token’s bullish potential
dYdX token’s large wallet investors have steadily accumulated the asset since March 2023. Whale accumulation coupled with a declining supply on exchanges is considered a bullish sign for the token and experts predict a sustained uptrend in dYdX.
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