Cryptocurrencies Price Prediction: Bitcoin, Algorand and Ethereum – European Wrap 27 April


Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos prepare to rally after punishing early buyers

Bitcoin price approaches close to the last defensive support level, putting the fear back in retail traders’ minds. Likewise, Ethereum and Ripple have also crawled closer to significant barriers, suggesting that they are ready to follow suit.

 

BTC/USDT 3-day chart

How this bearish detour will trigger a 20% breakout for Algorand price

Algorand price formed a bottom reversal pattern with massive potential on April 11 but failed to follow through. As a result, sellers took over, pushing ALGO below a crucial support level. However, a quick recovery above this barrier is likely to reignite the said run-up.

ALGO/USDT 1-day chart

Ethereum Price Prediction: ETH to return to $3,000

Ethereum (ETH) price was not in good shape on Tuesday as it tanked over 6% to the downside and breached below $2,800. But bulls were waiting to rush in and  buy ETH at a lucrative discount. The ETH price is up 2.5% in early trading and looks set to swing back to $3,018.55, paring back the incurred losses from Tuesday.

 

ETH/USD daily chart

 

 

 

 


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