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Cryptocurrencies Price Prediction: Ripple, Cardano & Bitcoin – American Wrap 20 April

Cryptocurrencies Price Prediction: Ripple, Cardano & Bitcoin – American Wrap 20 April
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: Is the real bull run starting now?

Bitcoin price has rallied nearly 18% since the July 26 lows at $20,690. The peer-to-peer digital currency is on a steep incline aiming for new monthly highs at $24,130. Calling an end to the uptrend will be challenging as the rally does not look like a clear impulse wave since the $18,900 lows on July 13. Still, Elliott wave theory has shown in the past that Choppy 1-2 1-2 patterns can lead to surging bull runs.

XRP Price Prediction: A case of sneaky divergence

Ripple price shows reasons to remain concerned. On July 26, 2022, a warning was issued as the Ripple price was rejected from a historical trend line dating back to April 2021. The classical price action signature resembles textbook catalyst makers. Based on Elliot Wave and Fibonacci projections, a $0.24 target has been forecasted. 

Cardano Price Prediction: Was ADA's post-FOMC euphoric rally a bull trap?

Cardano price moved 14.62% following the FOMC meeting on Wednesday, which resulted in an interest rate hike of 75 basis points. A euphoric rally also engulfed the entire market, with the total market capitalization reclaiming the $1 trillion mark.

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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.

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HYPE Price Forecast: Hyperliquid Strategies seeks US approval for perpetual futures

HYPE Price Forecast: Hyperliquid Strategies seeks US approval for perpetual futures

Hyperliquid dropped 8% on Friday after Hyperliquid Strategies filed an application to become a futures commission merchant, seeking regulatory approval to bring perpetual futures markets to US customers. The company disclosed the development in its Q3 financial results released Thursday.

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

Bitcoin, Ethereum, and Ripple face renewed selling pressure in the second half of this week amid concerns that Democrats' control of both chambers of the US Congress could lead to tighter crypto and Artificial Intelligence regulations.

Zcash Price Forecast: ZEC defies crypto market sell-off as NU7 upgrade fuels breakout hopes

Zcash Price Forecast: ZEC defies crypto market sell-off as NU7 upgrade fuels breakout hopes

Zcash shows resilience above $1,300 on Friday, defying the broader cryptocurrency market sell-off, which saw over $1 billion in liquidations the previous day. This strength aligns with Network Upgrade 7, scheduled for Friday, which enables faster payments and disables older transaction pools.

Ethereum Price Forecast: ETH falls 7% as AI sell-off hits crypto

Ethereum Price Forecast: ETH falls 7% as AI sell-off hits crypto

Ethereum (ETH) falls 7% to $2,230 on Thursday as AI stock sell-offs spilled into the crypto market. The top altcoin's decline wiped out all of Wednesday's post-US midterm gains, triggering $181.8 million in ETH liquidations over the past 24 hours. Long liquidations dominated, totaling $149.7 million, according to Coinglass data.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.