Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Cardano – European Wrap 18 April

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos perform bullish correction

Bitcoin price has slid below a crucial support level briefly, indicating that history is repeating. The last two times BTC swept this barrier, a massive upswing with gains is what followed. Therefore, this can be considered a buying opportunity.

Why Dogecoin price hints at a 70% bull run

Dogecoin price shows signs of a trend reversal as it approaches the end of its multi-month bottom reversal pattern. A decisive breakout on a weekly time frame will signal the start of a massive upswing for DOGE.

How ready is Cardano price to revisit $1.7 after recent flash crash

Cardano price is forming a bottom reversal pattern that could pull it from the multi-month downtrend and kick-start a bull rally. However, ADA bulls have their own set of hurdles to overcome for such a bullish outcome.

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Ripple nears lifeline support as macro risks intensify

Ripple continues to face significant selling pressure, sliding below $1.10 at the time of writing on Wednesday. This decline mirrors the broader weakness in the crypto market, exacerbated by mounting macroeconomic headwinds and persistent geopolitical uncertainties.

Crypto Today: Bitcoin, Ethereum, XRP trade under pressure as September Fed rate-hike odds increase

Bitcoin is trading between $62,000 and $63,000 at the time of writing on Wednesday, weighed down by headwinds stemming from macroeconomic uncertainty and geopolitical tensions in the Middle East, especially as the US and Iran continue to offer conflicting accounts of the nuclear discussions.

Cardano vulnerable to deeper losses amid SecondFi exploit

Cardano price hovers below $0.1500 at press time on Wednesday, extending a refreshed bearish impulse move of over 20% in the last nine days. The exploitation of the Cardano ecosystem’s SecondFi wallet-generation software, resulting in a loss of about 16 million ADA, weighs on retail strength.

Bitcoin struggles as institutional demand remains weak

Bitcoin remains under pressure, trading around $62,700 on Wednesday after losing 2% the previous day. Persistent institutional selling, with spot Exchange Traded Funds (ETFs) recording outflows on Tuesday, continues to weigh on BTC.

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.