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

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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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FXStreet Team

FXStreet

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Ondo: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin Price Forecast: BTC steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 as investors await the Federal Reserve’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Hyperliquid open interest surges 32% in week: Is $80 HYPE next?

Hyperliquid’s native token HYPE rallied 44% over five days, hitting a $76.90 all-time high on Tuesday. Despite the pullback to $73, open interest on HYPE futures reached the $3 billion mark, signaling growing institutional demand.

Meme Coins Price Prediction: DOGE near breakout, SHIB at ceiling and PEPE leads meme coin recovery

Meme coins are approaching a key technical level on Wednesday, which could determine the next directional bias. Dogecoin (DOGE) struggles to overcome a major resistance level, and Shiba Inu (SHIB) recovery lost momentum near a crucial barrier. Meanwhile, Pepe (PEPE) extends its rally for a sixth straight day, raising the prospects of further upside if momentum persists.

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.