Ethereum Price Forecast: Buyers aim for $3,000 as more than $52 billion worth of ETH locked away
Ethereum price has been under consolidation for the past week after a run to its new all-time high of $2,151. The digital asset faces weak resistance ahead according to various on-chain metrics while bulls target $3,000.
Swipe Price Forecast: SXP whales target $7 as they remain in accumulation mode
Swipe price has recently established a new all-time high at $5.02 compared to the previous high on August 13, 2020. The digital asset had a massive crash throughout the second half of 2020 and started a recovery run at the beginning of 2021. On April 5, SXP experienced $1.4 billion in trading volume, its highest ever, indicating that investors are more interested than ever in the asset.
Tezos Price Forecast: XTZ primed for surge to new all-time highs
The Tezos price had a 20% correction down to $5.37 but has recovered well and is poised for a new leg up after defending a crucial support level. The digital asset remains in price discovery mode after establishing a new all-time high of $6.8 on April 6.
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Stellar approaches critical level that could propel it to $1.42
XLM price is heading toward the lower trend line of an ascending parallel channel. A bounce from the demand zone extending from $0.40 to $0.43 can propel Stellar by 200% to record levels. If this area of support is breached, a bearish narrative will unfold.
Enjin Coin loses critical support and could fall deeper
The entire cryptocurrency market suffered a deep correction, losing $310 billion in market capitalization over the past three days. The momentum has clearly shifted in favor of the bears, and ENJ is on the verge of another leg down.
Litecoin edges closer to 83% bull rally
Litecoin price is hovering above two critical demand zones that could propel the coin to new yearly highs. A breach of the supply zone’s upper boundary at $317.09 will provide further confirmation of an upswing. The bearish scenario will come into play if LTC bears pierce the $210.77 level.
Ripple finds foothold for 60% upswing
XRP price hit a dead-end during the previous impulse wave, creating a recent local top, which resulted in a deep correction. However, the formation of a reversal pattern suggests that gains await holders.
Bitcoin Weekly Forecast: Institutional wave of BTC adoption follows new all-time highs
Bitcoin price hitting a new all-time high and Coinbase’s direct listing are perhaps two of the most important developments surrounding the pioneer cryptocurrency over the past week.