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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos— American Wrap 22 April

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos— American Wrap 22 April
FXStreet TeamFXStreet TeamFXStreet

Ethereum may see a brief rally despite ETP outflows

Ethereum's (ETH) recent price movement hints at a potential rally despite ETH ETPs recording outflows. The recent price improvement follows the fourth Bitcoin halving and a suspected Justin Sun wallet purchasing large numbers of ETH.
ETH/USDT 4-hour chart
Bitcoin (BTC) price is trading with a bullish bias following a successful halving event that has since renewed optimism in the market. With it, Ethereum (ETH) and Ripple (XRP) prices are showing promise, amid calls of a looming altcoin season.
Bitcoin (BTC) price shows strength, but seemingly not enough to sustain a bold move north. It comes as markets continue in the euphoria of the halving, which has inspired bullish sentiment in the market. 
 

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FXStreet Team

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.

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