Cryptocurrencies Price Prediction: Chiliz, Theta & Litecoin – American Wrap 21 April

FXStreet Team FXStreet

Chiliz uptrend under construction, but CHZ price waits for no one

Chiliz price stabilized at the 100 twelve-hour simple moving average (SMA) during the recent sell-off offering market participants a precise level to trade against if the intra-day pattern unfolds as expected. The potential formation of a right shoulder will facilitate a timely entry point amidst the volatility.

Theta price aims for a massive 22% upswing if key barrier cracks

Theta price has been trading between a specific range in the past four days and awaits a clear breakout as it is close to the key resistance level of $12.

Litecoin Price Prediction: LTC at risk of significant downfall as whales go into selling frenzy

Litecoin price is facing significant selling pressure as large holders are selling their positions. This could quickly drive LTC down to new lows if a crucial support level fails to hold.

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FXStreet Team

FXStreet

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.

XRP, ADA, and SOL are vulnerable to deeper losses

The top altcoins, including Ripple, Cardano and Solana, are trading in the red as the broader cryptocurrency market faces downside pressure. The bearish pressure aligns with Citadel Securities' anticipation of a surprise Fed rate hike, which could reduce liquidity in high-risk assets, including crypto assets.

XRP and XLM extend correction as bearish pressure builds

Ripple and Stellar remain under pressure on Tuesday after losing over 4% and over 5%, respectively, the previous day. In addition, weakening momentum indicators and deteriorating derivatives metrics suggest sellers remain in control, raising the risk of further downside for both altcoins. Derivatives data shows a slight bearish tilt.

Bitcoin risks losing $63,000 – FET, SHIB lead losses

Bitcoin edges lower on Tuesday, extending its losses of over 2% from the previous day. The broader crypto market suffered nearly $600 million in liquidations over the last 24 hours amid renewed sell-off pressure. Artificial Superintelligence Alliance and Shiba Inu have emerged as the worst-performing crypto assets in the same time period.

Pump.fun surges following rising revenue and social push

PUMP, the native crypto of token launchpad Pump.fun, saw double-digit gains on Monday, rising to nearly $0.00220, its highest level in about 11 weeks, before easing. The recent gains have stretched its 14- and 30-day performance above 38% and 50%, respectively.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.