Cryptocurrencies Price Prediction: Filecoin, Bitcoin & Ripple – American Wrap 07 Abril

Filecoin price aims for a short rebound as key indicator flashes buy signal

Filecoin has been trading inside a significant downtrend since the beginning of April after establishing a new all-time high at $238. The cryptocurrency market suffered a notable correction in the past 24 hours which hasn’t helped FIL.

Bitcoin price slides 5% as second day of losses costs Ethereum $2K landmark

Bitcoin (BTC) extended its price drop on Wednesday amid warnings that excessive long positions needed to be flushed out to allow for fresh gains.

Ripple Price Forecast: XRP faces massive profit-taking after 100% rally

The Ripple price had one of the craziest rallies in the past three days, jumping by 100% to a three-year high of $1.19. Despite the ongoing SEC lawsuit against Ripple, XRP holders have grown confident in the digital asset and managed to push it above several important resistance levels.

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