Cryptocurrencies Price Prediction: Solana, AVAX & Bitcoin – European Wrap 24 March
Solana Price Forecast: SOL bull aims for $160 mark as White House narrows April 2 tariffs
Solana (SOL) price extends its gains by nearly 4% and trades above $138 at the time of writing on Monday after recovering 5.32% last week. Reports suggest that the White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs, fueling a rise in risky assets like cryptocurrencies, including Solana. The technical outlook suggests a rally toward $160 as SOL breaches a key resistance level.
Avalanche Price Forecast: AVAX bulls aim for double-digit rally amid increase in bullish bets
Avalanche (AVAX) price extends its gains by 7%, trading above $21 on Monday after rallying almost 9% the previous week. On-chain metrics suggest a bullish outlook as AVAX’s long-to-short ratio reached its highest in over a month. The technical analysis and funding rates data suggest a rally continuation, targeting 20% additional gains.
Bitcoin Price Forecast: BTC could hit $110,000, supported by the Fed’s dovish stance and Trump’s flexibility on tariffs
Bitcoin (BTC) price extends its gains and trade above $87,400 at the time of writing on Monday after recovering 4.25% last week. BitMEX co-founder Arthur Hayes predicts that BTC could hit $110,000 before retracing to $76,500, supported by the US Federal Reserve’s (Fed) dovish stance on inflation and United States (US) President Donald Trump’s flexibility on tariffs. The US spot Exchange Traded Funds (ETFs) also supported BTC recovery as it recorded $744.30 million inflows last week.
Author
FXStreet Team
FXStreet
