Cryptocurrencies Price Prediction: Bitcoin, Ripple and Ziliqa – European Wrap 29 January
|Elon Musk buys Bitcoin igniting the next bull run
The cryptocurrency market is a bust of activities as we usher in the weekend session. Dogecoin was pumped by traders on Reddit and speculators on Twitter, leading to a 600% upswing. However, the most intriguing and unexpected news is that the founder of Tesla, the leading manufacturer of electric vehicles, Elon Musk, has finally purchased Bitcoin. Read more...
Ripple on the brink of 40% upsurge targeting $0.38
Ripple is among the cryptocurrencies that are likely to have benefited from the Dogecoin’s rally. After holding tight in consolidation, the cross-border token spiked, briefly stepping above $0.3. The least resistance path is currently on the upside, as the bulls fight to sustain the uptrend. Read more...
ZIL on the verge of a 67% move following extended consolidation
Zilliqa has been in consolidation after correcting from the December 2020 high of $0.099. Despite the rally observed across the cryptocurrency market in January, ZIL remained relatively stable, especially after holding above $0.05. Meanwhile, the high transaction throughput token is dancing at $0.065 while looking forward to a potential breakout eyeing highs above $0.1. Read more...
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.