Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Cardano – European Wrap 16 March
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets to kick-start relief rally
Bitcoin price saw a massive spike ahead of the Federal Open Market Committee (FOMC) meeting on March 16. The rally was brief, however, and has been undone, suggesting that BTC is likely to head lower before any noticeable uptrends resume. While Ethereum follows the big crypto’s lead, Ripple and other altcoins are likely to take advantage and rally.
Bitcoin, Ethereum and Tether witness drop in whale transactions, hit lowest point in a year
Bitcoin price could slide to $30,000 as transaction activity on the blockchain network drops. Whale transactions on Ethereum and Tether have witnessed a drop over the past year as large wallet investors wait out geopolitical crises.
Cardano price awaits 20% breakout as ADA range tightens
Cardano price has slipped into a sideways movement, evidencing a lack of volatility. This move appears to be a fractal, echoing a similar move last seen in February. That time the resolution of the coiling up was an explosive run-up, so investors can expect a similar outcome to play out this time.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.