Cryptocurrencies Price Prediction: Chainlink, Bitcoin & Crypto – European Wrap 22 April

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Chainlink looks at $14 resistance as outflows from exchanges signal continued demand

Chainlink (LINK) price increases almost 3% on Tuesday to exchange hands at $13.47 at the time of writing. The oracle token, which has recovered 31% from $10.13 – the lowest year-to-date price seen on April 7 –, looks set to uphold its recent uptrend amid rising exchange outflows and a favourable technical setup. Still, the path beyond the $14 level looks more complicated due to the presence of strong resistance clusters.

Bitcoin Price Forecast: BTC extends gains toward $90,000 as ETFs inflows exceed $381 million

Bitcoin (BTC) is extending its gains, trading above $88,000 at the time of writing on Tuesday after rising nearly 3% the previous day. Institutional demand seems to be supporting BTC’s recent price rally, with US spot Exchange Traded Funds (ETFs) recording an inflow of $381.40 million on Monday. Moreover, Microstrategy (MSTR) announced a new purchase of Bitcoins, in this case 6,556 BTC for $555.8 million.

Top 3 gainers Fartcoin, POL, DeepBook: Altcoins surge as Bitcoin nears $90,000

Fartcoin price extends gains above the $1.00 level at the time of writing on Tuesday after recovering from a dip triggered by profit-taking activity ahead of the weekend. POL, formerly known as MATIC, changed course, reversing the trend in favor of the bulls to trade at $0.2195 at the time of writing. On the other hand, DeepBook (DEEP) explodes in double-digit gains following the protocol's launch on the Sui Network.

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Ripple risks extending drop as June lows come into view

Ripple (XRP) ticks down below $1.20 with short-term support at $1.16 intact at the time of writing on Thursday. An early-week rally was rejected at $1.28, weighing on sentiment as traders broadly de-risked.

Crypto Today: Bitcoin, Ethereum and XRP pare losses on increasing bets of Fed tighter monetary policy

Cryptocurrency prices are broadly moderating downwards on Thursday, as market participants assess the impact of the Fed’s hawkish monetary policy stance. Bitcoin edges lower, with support at $64,000 holding.

Bittensor Price Forecast: TAO closes in key support, risking deeper losses

Bittensor price edges below $250 at press time on Thursday, marking its fourth straight day of losses. The AI token is losing retail demand as TAO futures Open Interest dips over 8% in the last 24 hours.

Bitcoin slips below $64,000 as hawkish Fed stance weighs on risk appetite

Bitcoin remains under pressure, extending its correction, trading below $64,000 at the time of writing on Thursday. The US Fed left interest rates unchanged but struck a hawkish tone on Wednesday, dampening the risk sentiment.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.