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Cryptocurrencies Price Prediction: Ethereum, Algorand & Bitcoin – American Wrap 31 May

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Markets pause before continuing the relief rally

Bitcoin price seems to have triggered a relief rally that is going to revisit significant levels, formerly critical in catalyzing the sell-off. Some altcoins have already started their run-ups, but for Ethereum and Ripple a minor retracement seems likely before they start their upswings.

Where to buy before Bitcoin price rallies to $35,000

A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.

Algorand price is on pace to rise 30%

Algorand price is producing a strong countertrend rally that is likely to continue. It was mentioned in last week’s thesis that the ALGO price may have been coiling into a C wave ending-diagonal pattern. Traders commonly refer to the pattern as the catalyst before the reversal rally. If market conditions persist, a 30% rally into the $0.52 price zone is likely to occur. 

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FXStreet Team

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.

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