Cryptocurrencies Price Prediction: Ethereum, Binance Coin & Bitcoin – American Wrap 29 April

FXStreet Team FXStreet

Ethereum price presses higher while ETH technology used by EIB for digital notes

Ethereum price presses higher after convincingly holding the critical February high during the correction this month. The bullish outlook remains in place with the psychologically important $3,000 in the crosshairs.

Binance Coin Price Forecast: BNB on the verge of new all-time highs above $700

Binance Coin price is on the verge of a new all-time high again, rallying alongside CAKE. The Ethereum rival only faces one critical resistance level and the number of large holders continues to rise.

Bitcoin price outlook: A dip below 50,000 presents cheaper buying opportunities

Bitcoin prices experienced a slump on Sunday April 18, 2021 after a tweet (now dismissed as false) set off a selloff spree not seen in the cryptocurrency market. This tweet put out an unfounded rumour about an investigation into money laundering by several cryptocurrency projects. This drove market fear that saw Bitcoin fall from $62,000 to as low as $50,000 before recovering to its present levels.

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Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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