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.
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.