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Cryptocurrencies Price Prediction: Bitcoin, Solana and Ethereum – European Wrap 17 May

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos to have a bullish week ahead

Bitcoin price has been coiling up around the base of a range for quite some time. Monday’s range formation, however, indicates that an up move is likely in the coming days. Investors can expect Ethereum, Ripple and other altcoins to do the same.

BTC/USD 2-hour chart

Here is the path Solana price will take to surge to $80

Solana price has found a stable support level which is currently providing a foundation of support for bulls to make a comeback. Since Bitcoin price looks optimistic, there is a good chance that SOL will also rally in the next few days.

SOL/USDT 1-day chart

Optimism grows as China aims to end COVID lockdown, with Ethereum price targeting nearly $5,000

Ethereum (ETH) price saw its tail risk ballooning to a massive extent on Monday, but many elements got quickly defused near the US close. With tail risks diminishing, the dollar backing off, and equities rising, investors look ready to head back to cryptocurrencies and invest in the asset class. With that inflow, almost all cryptocurrencies are up against multiple percentages, and the horizon looks promising as possibly a rally is underway longer term towards $4,951.

ETH/USD daily chart

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Ripple faces persistent bear risks, shrugging off ETF inflows

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.