Cryptocurrencies Price Prediction: Bitcoin, Ripple and Ziliqa – European Wrap 29 January
Elon Musk buys Bitcoin igniting the next bull run
The cryptocurrency market is a bust of activities as we usher in the weekend session. Dogecoin was pumped by traders on Reddit and speculators on Twitter, leading to a 600% upswing. However, the most intriguing and unexpected news is that the founder of Tesla, the leading manufacturer of electric vehicles, Elon Musk, has finally purchased Bitcoin. Read more...
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Ripple on the brink of 40% upsurge targeting $0.38
Ripple is among the cryptocurrencies that are likely to have benefited from the Dogecoin’s rally. After holding tight in consolidation, the cross-border token spiked, briefly stepping above $0.3. The least resistance path is currently on the upside, as the bulls fight to sustain the uptrend. Read more...
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ZIL on the verge of a 67% move following extended consolidation
Zilliqa has been in consolidation after correcting from the December 2020 high of $0.099. Despite the rally observed across the cryptocurrency market in January, ZIL remained relatively stable, especially after holding above $0.05. Meanwhile, the high transaction throughput token is dancing at $0.065 while looking forward to a potential breakout eyeing highs above $0.1. Read more...
Author
FXStreet Team
FXStreet
