Cryptocurrencies Price Prediction: Polkadot, Stellar Lumens and Bitcoin Cash – European Wrap 7 April


Polkadot Price Forecast: DOT needs to hold critical level to avoid slipping

Polkadot established an all-time high at $46.8 on April 3 and has experienced a healthy correction since then, down to $40.66. The digital asset is trying to form a local bottom to see a new high in the short term.

dot price

 

Stellar suffers outage, putting XLM price in critical condition

Stellar network’s validator nodes experienced an unexpected breakdown recently. During the same period, the XLM price also hit a dead end and is eyeing a pullback.
 

XLM/USDT 1-day chart

Bitcoin Cash Price Prediction: BCH could plummet to $550 as selling pressure mounts

The Bitcoin Cash price had a significant rally in the past four days, gaining about 33% in value. BCH experienced a correction down to $620, and several indicators show that it could slip even further.  

BCH price

 

 

 

 

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Ethereum price on cusp of massive breakout if key level holds

Ethereum price had a significant 23% correction in the past week but holds above a key support level on the 12-hour chart. The digital asset still has robust on-chain metrics supporting it and aims for a rebound.

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VeChain consolidates as clear trend fails to establish

VeChain price has been on a tear since the start of 2020 and shows no sign of slowing down despite the recent market crash. Now, VET awaits a volatile breakout from its consolidation to establish a clear trend.

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Chainlink could be the first to recover amid market crash

Chainlink, like the rest of the market, has experienced a significant correction in the past four days However, the digital asset continues to hold above a crucial support level and on-chain metrics show it could be one of the strongest during this correction.

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Cardano on-chain metrics reveal paradigm shift in nature of investors

Cardano price shows the loss of momentum from the buyers’ end, which has resulted in a breakdown of a critical support level. Now, a continuation of this momentum could ensue as blockchain data reveals a grim future for ADA.

More Cardano News

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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.

Read the weekly forecast

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