Cryptocurrencies Price Prediction: Bitcoin, Tezos and Cardano – European Wrap 19 April


Top 3 Price Prediction Bitcoin, Ethereum, Ripple: XRP price takes point in recovering weekend crash losses

The entire cryptocurrency market tumbled this weekend due to rumors from unfounded sources circulating on Twitter. At the time of writing, most altcoins, especially DeFi coins, seem to be recovering quickly while Bitcoin and Ethereum, not so much.

 

BTC/USD 4-hour chart

Tezos and SocGen team up to launch a security token, pushing XTZ price closer to break out

Societe Generale announced its third security token offering on April 15th, this time through Tezos' blockchain. The digital asset had a significant move after the announcement, gaining 8%, but has retraced in the past three days.  

 

xtz price

 

Cardano price crashes as long-term holders start losing faith in project

Cardano, like the rest of the market, had a major sell-off and lost 30% of its value in the past week. According to on-chain metrics, long-time holders are exiting and taking profits. 

ada price

 

 

 

 

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Editors’ Picks

Ripple to set the stage for 18% gains

XRP price formed the second peak on June 14, indicating the formation of a double top. As a result, Ripple is starting to decline, heading toward an immediate support level.

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Ethereum price isn't out of the woods just yet, ETH targets $2,300 first

Ethereum price seems prime for rejection. A spike in selling pressure could see ETH drop to $2,300. Only a break above $2,700 might delay the bearish outlook. 

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Bitcoin to test $49,000, suggest technicals and on-chain metrics

Bitcoin price flashed a buy signal on the weekly chart. The bullish formation has helped BTC rebound from the $30,000 support level. Further buying pressure could push the pioneer cryptocurrency to $49,000.

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Shiba Inu ready to reverse to $0.0000050

SHIB price faces stiff resistance ahead. A spike in selling pressure could send Shiba Inu drop to $0.0000050. Only a 4-hour candlestick close above $0.0000080 could save the memecoin. 

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

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