Cryptocurrencies Price Prediction: ApeCoin, Shiba & Bitcoin – American Wrap 28 April

FXStreet Team FXStreet

ApeCoin price shows no signs of slowing down, targets $25 next

ApeCoin price is taking a dangerous route that could lead to a steep correction if things do not simmer down. However, considering the massively bullish sentiment around APE, the upcoming retracement could also provide an opportunity for patient buyers to accumulate the altcoin at a discount before setting a new all-time high.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Earning season catalyst to spark a crypto rally

Bitcoin price, Ethereum and other cryptocurrencies are on the front foot, except for XRP price, which is still pressured by dollar strength. All other major cryptocurrencies, however, are rallying after Facebook surprised to the upside and pushed a sigh of relief through the markets. Next on the docket this evening is Apple, coming out after the close. It will be essential Apple’s earnings are positive for another bullish close, that will see traders continue and follow the trend with solid gains to come into next week.

Why Shiba Inu price will rise 17% next month

Shiba Inu price has given reasons to believe in a 17% uptrend rally in the coming days. The SHIBA price appears to be coiling into a triangle pattern, having printed 3 of the 5 necessary swings. Analyzing the technicals, waves A, B, fit textbook triangle criteria as they display choppy and sometimes unpredictable directional changes.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Dogecoin tests a key make-or-break point amid waning retail support

Dogecoin trades below $0.08000 maintaining a steady decline for the seventh straight week, with a 4% drop the previous day. The meme coin is losing its retail strength as DOGE futures Open Interest drops 10% in 24 hours, while institutional demand remains muted with zero inflows so far this week.

Meta CEO Zuckerberg directs development of standalone prediction markets app 'Arena'

Mark Zuckerberg has directed a small team at Meta to develop a new smartphone app focused on prediction markets, according to a Tuesday report by the New York Times. The experimental project, internally known as Arena, would allow users to forecast outcomes across sports, politics, entertainment and current events.

Top 3 Price Prediction: BTC under pressure, ETH loses key support, XRP momentum weakens

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday after falling slightly the previous day. BTC trades below $63,000, ETH slips below $1,700, while XRP momentum continues to weaken. The deteriorating price action in these top three cryptocurrencies suggests a potential continuation of the near-term correction.

Crypto Market Overview: Bitcoin loses $63,000 amid tech sell-off – WLD, VVV tokens lead losses

Bitcoin (BTC) edges below $63,000 at press time on Wednesday, amid a global sell-off of tech stocks, including AI and chip stocks. The broader crypto market recorded $550 million in total liquidations, primarily driven by long liquidations, suggesting sell-side dominance, with Worldcoin (WLD) and Venice Token (VVV) leading losses.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.