|

Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Ethereum – European Wrap 6 April [Video]

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins at discount before a new alt season

Bitcoin price has sliced through the yearly, weekly, and monthly open as it undergoes a steep sell-off on March 5. This downswing is likely a precursor before BTC rallies to a significant level. Ethereum and Ripple have both declined and are reevaluating their strategy before moving higher.

BTC/USD 1-day chart

How you could double your capital with Shiba Inu price

Shiba Inu price has been consolidating above a stable support level for nearly a week with no signs of moving higher. This sideways movement, however, also hints that an explosive move is on the cards once the volume spikes.

 
SHIB/USDT 1-day chart

Ethereum price on track to $4,000, network fee has dropped 90% since November 2021

Ethereum price could recover from its downtrend and start to climb to $4,000 as investors and analysts remain bullish on the altcoin. High network fees, considered one of the biggest deterrents for investors joining the Ethereum blockchain, have dropped 90% since November 2021. 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP extend decline, pressured by increasing ETF outflows

Cryptocurrencies are trading under pressure on Thursday, weighed down by risk-off sentiment driven by Middle East tensions and macroeconomic uncertainty. Bitcoin has extended its decline below $65,000 and is targeting the key support area at $60,000.

Bitcoin’s massive storm is back: Why the sell-off is far from over

Bitcoin price action over the last few weeks has felt less like a normal, healthy correction and more like a slow grinding crash that continues to wreak havoc on holdings and trading accounts. And everything suggests that the dramatic crash isn’t over.

Hyperliquid and Near Protocol fall sharply as Arthur Hayes dumps HYPE and NEAR for Worldcoin

Hyperliquid (HYPE) and Near Protocol (NEAR) prices have dropped 11% and 17%, respectively, at press time on Thursday, erasing gains as the well-known investor Arthur Hayes dumps HYPE and NEAR holdings.

Pi Network hits record low as market-wide risk-off sentiment weighs

PI price hovers around $0.1300 at press time on Thursday, reflecting a mild rebound from the $0.1186 record low reached earlier on the day. Deposits totaling roughly 1 million PI tokens on exchanges over the last 24 hours suggest waning investor confidence amid a broader market risk-off sentiment.

Billions in ETF outflows don’t bode well
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.