Cryptocurrencies Price Prediction: Bitcoin, Cosmos and Polkadot – European Wrap 16 February

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets give uptrend another shot
Bitcoin price seems ready for another uptrend as it recovers from its recent pullback. This resurgence of bullish momentum for BTC seems to be seeping into Ethereum, Ripple and other altcoins.
Cosmos struggles against $30 resistance, ATOM at risk of another dip
Cosmos price is facing some difficulties returning to the $30 level. It fell below the daily Tenkan-Sen on February 10 and has not regained a close above that level. Additionally, ATOM moved and closed below the 50% Fibonacci retracement, creating further bearish pressure.

Polkadot price to undergo bullish retracement before DOT retests $24
Polkadot price has left plenty of uncollected liquidity since January 24. The resulting uptrend faces multiple hurdles, suggesting that DOT could head lower before establishing a firm bullish bias.

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FXStreet Team
FXStreet





