Cryptocurrencies Price Prediction: Ethereum, Bitcoin & RUNE – European Wrap 9 February
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.
Bitcoin Weekly Forecast: BTC targets $52,000, will New Moon trigger a pullback first?
Bitcoin (BTC) price action is showing strength and volatility after seven weeks of consolidation. The current weekly BTC candlestick has already registered a 9.30% gain and is likely to close on a positive note.
Despite the Bitcoin spot Exchange-Traded Fund (ETF) approval, BTC price failed to rally as anticipated. The news of ETF inflows and outflows, caused a widespread panic among investors, which led to a brief pause. But lately, things are starting to improve with regard to ETF inflows.
ThorChain Price Prediction: RUNE bulls prepare to reclaim $5.50
ThorChain (RUNE) price is trading with a bullish bias, completing a full swing V-shaped recovery after the steep dip in the first four days of February. It comes amid an altcoin revival recourse, inspired by Bitcoin (BTC) price breaking past the $45,000 psychological level.
ThorChain (RUNE) price could extend the gains after a 10% climb that began when RUNE price pivoted around the 50% Fibonacci level of $4.34.
Author
FXStreet Team
FXStreet
