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Cryptocurrencies Price Prediction: Ethereum, Chiliz & Bitcoin – American Wrap 12 April

Cryptocurrencies Price Prediction: Ethereum, Chiliz & Bitcoin – American Wrap 12 April
FXStreet TeamFXStreet TeamFXStreet

Ethereum Price Forecast: ETH awaits imminent jump to $2,400 if key level cracks

Ethereum price hit a new all-time high at $2,203 on April 12 but seems to have formed a robust resistance trendline. However, most on-chain metrics show that ETH is bound for a significant leg up.

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Chiliz Price Forecast: CHZ price primed for a 69% advance

Chiliz price steadily declined in a flag pattern for weeks, but it closed last week with a hammer candlestick. The successful shakeout below the flag’s lower trend line combined with the test of the 61.8% retracement of the February-March rally has positioned CHZ in a timely position for purchase in the coming days.

BTC skyrocketed as first crypto exchange goes public

Bitcoin has approached the all-time high of $61,745 today, driven by encouraging news: Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14.

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