Cryptocurrencies Price Prediction: Cryptos, DCG & Ethereum – American Wrap 9 February


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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC eyes $48,000 with Chinese Lunar New Year of the Dragon

Bitcoin (BTC) price started moving after a prolonged consolidation, and with it Ethereum (ETH) and Ripple (XRP) prices. The general outlook is revival recourse, with markets flashing green as the Chinese Lunar Year of the Dragon sets in this weekend. It is a special year, representing strength.

Digital Currency Group faces over $3 billion worth of fraud charges as New York AG expands lawsuit

Digital Currency Group’s (DCG) legal debacle has gone from bad to worse after the New York Attorney General’s office expanded its lawsuit.

 

Ethereum (ETH) rockets ahead this month – So why does a market analyst fear further collapse?

Among the top 10 most capitalized cryptocurrencies, Ethereum (ETH) has outshone its peers, marking the strongest performance with a 7% increase over the week. As market analyst for FXStreet Mike Ermolaev noted, the ETH price recently peaked at $2,706 and, even despite a pullback, many are eagerly eyeing the potential for Ethereum (ETH) to breach the $3,500 mark in the near future. 

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Near Protocol Price Prediction: NEAR pumps 10% as investors envision another buy opportunity here

Near Protocol Price Prediction: NEAR pumps 10% as investors envision another buy opportunity here

Near Protocol (NEAR) price is trading with a bullish bias, with a sustained series of higher highs since the last week of January. With investors groping for discounted entry points, NEAR could correct before the next leg up.

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Ethereum price teases with a breakout, eyes $3,200 milestone as ETH bulls show resolve

Ethereum price teases with a breakout, eyes $3,200 milestone as ETH bulls show resolve

Ethereum (ETH) price consolidation within the ascending parallel channel has lasted since October, with the Proof-of-Stake (PoS) token making multiple attempts to breakout. As it stands, Ethereum continues to outperform Bitcoin (BTC) with double the gains.

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Solana Price Prediction: SOL could easily go all the way back to $79.49 low

Solana Price Prediction: SOL could easily go all the way back to $79.49 low

Solana (SOL) price is trading with a bearish bias, recording a series of lower highs and lower lows since mid-February. The downtrend has seen the Layer 1 (L1) token drop below the midline of the market range between $79.49 and $126.27.

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BNB price eyes $400 as Binance Coin bulls keep showing up

BNB price eyes $400 as Binance Coin bulls keep showing up

Binance Coin (BNB) price has formed lower highs and lower lows over the past few days, but the bulls continue to maintain a strong presence in the market. BNB has also steadfastly shown strength despite the recent uncertainty in the market as altcoins awaited cues from Bitcoin (BTC) price.

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Bitcoin: BTC likely to correct to $50,000 soon

Bitcoin: BTC likely to correct to $50,000 soon

Bitcoin price has formed a potential top signal that forecasts a sell-off. The weekly chart also points to a bearish divergence, which adds credence to the bearish outlook. Investors can expect BTC to consolidate between the $52,062 to $45,160 levels.

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