TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Ethereum, Swipe & Tezos – American Wrap 08 Abril

Cryptocurrencies Price Prediction: Ethereum, Swipe & Tezos – American Wrap 08 Abril
FXStreet TeamFXStreet TeamFXStreet

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. 

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Injective: Mounting selling pressure threatens a long-term support trendline

Injective: Mounting selling pressure threatens a long-term support trendline

Injective (INJ) extends losses below $7.50 at press time on Thursday, attracting sellers after the previous day’s 6% decline. The derivatives market shows a sell-side bias among traders, as market orders continue to sweep resting bids amid declining Open Interest in INJ futures. The technical outlook for INJ is mixed, with a key support trendline in focus.
Bitcoin under pressure as MSCI removes Strategy from global indexes, puts billions in fund flows at risk

Bitcoin under pressure as MSCI removes Strategy from global indexes, puts billions in fund flows at risk

Bitcoin remains under pressure, trading below $73,800 on Thursday after correcting over 1.5% so far this week. Bearish sentiment grew after news on Wednesday that MSCI, the global index provider, announced it will drop Strategy and other BTC-holding companies from global indexes, putting billions in fund flows at risk.

MSCI drops Strategy from indexes: What it means for Bitcoin

MSCI drops Strategy from indexes: What it means for Bitcoin

Strategy and Bitcoin came under fresh pressure late Wednesday after MSCI finalized its decision to remove the Bitcoin treasury company from its global indexes, raising concerns about potential selling pressure on MSTR shares and its future Bitcoin purchases.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe have yet to find a floor

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe have yet to find a floor

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), continue to attract sellers as the broader cryptocurrency market maintains a risk-off sentiment. Bitcoin (BTC) slipped below $75,000 this week amid hot US inflation reports, adding to last week’s uncertainty over tighter regulation as Democrats won the midterms.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.