Cryptocurrencies Price Prediction: Solana, Bitcoin and Ethereum – European Wrap 5 April

FXStreet Team FXStreet

Solana Price Prediction: SOL prepares for a 40% move

Solana price has revealed its bullish intentions as it moved above a crucial resistance barrier on April 1. This development is likely to be followed by an explosive move to hurdles after a minor pullback.

Bitcoin price could break out as speculation mounts around the world’s largest crypto conference in Miami

Bitcoin price could breakout soon as analysts believe recent bearishness represents a brief period of profit-taking that is about to end. Miami is hosting the world’s largest crypto conference in 2022, fueling a bullish narrative among investors.

How Ethereum price can enter buy zone before exploding to $10,000

Ethereum price shows signs of moving higher after crossing above a crucial resistance barrier. On-chain metrics also reveal a bullish outlook, adding credence to the technical standpoint.

Author

FXStreet Team

FXStreet

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.

Bitcoin derivatives reset as leverage cools amid subdued spot demand

Bitcoin's recent correction has reduced leverage across derivatives markets, creating a healthier structure amid weak spot trading activity, according to a report from CryptoQuant on Monday. The report stated that Bitcoin's decline over the past few weeks appears to reflect a broad futures market reset rather than the buildup of new speculative positions.

Ripple and Stellar outlook: Under selling pressure as cautious sentiment raises downside risks

Ripple and Stellar remain under selling pressure as cautious market sentiment continues to weigh on the broader crypto market. XRP struggles to reclaim the upper boundary of its falling channel, while XLM extends its decline for a fifth consecutive day.

Crypto Overview: Bitcoin holds steady as ETF outflows decline – DEXE and TIA extend gains

Bitcoin hovers above $64,000 holding steady after a roughly 4% drop last week. Data shows that institutional outflows are easing, suggesting broader market recovery potential, while DeXe and Celestia have emerged as frontrunners over the last 24 hours.

Ethereum Price Forecast: Ethlabs launches as new ecosystem steward funded by BitMine, SharpLink

Ethereum treasuries BitMine Immersion and SharpLink, alongside co-founder Joe Lubin, have partnered to fund Ethlabs, a new research and development lab for the smart contract blockchain.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.