Cryptocurrencies Price Prediction: Ethereum, Shiba & Bitcoin – American Wrap 28 Feb
Shiba Inu to outperform Dogecoin, as SHIBA targets a breakout to $0.000054
Shiba Inu price has continued to slide south by marginal increments over the past week. However, the bottom of the Ichimoku Cloud (Senkou Span AB) has acted as a strong support zone and has prevented further sell-offs.
Bitcoin set to gain 10% as Russians look for alternative means of pay
Bitcoin (BTC) is holding it together all-in-all quite well as price action dipped lower over the weekend but is back up for the day as Bitcoin sees an uptick in demand at the start of the week. That demand comes from Russian people using Bitcoin as an alternative method of payment as the local currency has devalued considerably, and several sanctions are making it impossible to use FX alternatives. With this renewed interest, expect to see BTC price action rise towards $39,780, holding a 10% profit potential.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets eye bullish move as power struggle continues
Bitcoin price is trading inside a massive demand zone, which is the only thing preventing it from a catastrophic crash. Despite its uber bearishness, BTC bulls are likely to trigger a quick rally to immediate hurdles. Ethereum, Ripple and other altcoins are likely to follow suit.
Author
FXStreet Team
FXStreet
