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Cryptocurrencies Price Prediction: Solana, Bitcoin & Tron – American Wrap 06 April

Cryptocurrencies Price Prediction: Solana, Bitcoin & Tron – American Wrap 06 April
FXStreet TeamFXStreet TeamFXStreet

Solana price could double after entering buy zone

A brief technical and on-chain analysis on Solana price. Here, FXStreet's analysts evaluate where SOL could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.

Why Bitcoin price still targets $50,000 despite inflation woes

Bitcoin (BTC) price looks to be under the control of some bearish pressure these past few days. It coincides with the correction that is happening as well in the equity markets, with Nasdaq leading in the losses. Investors are reshuffling their portfolio as a 50 basis point rate hike is back on the table after the FED signalled it would speed up its balance sheet runoff. Now investors and bulls appear to be awaiting better levels to reenter for the longer-term with Bitcoin set to test $50,000 in a matter of days.

TRX price plummets, aiming for $0.05

TRX price may have fooled many analysts during March as the infamous Justin Sun token had a 30% counter-trend rally. Still, last week's breakout traders are likely to feel more disappointment as the current TRX price has yet to display uptrend confluence. 

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