Cryptocurrencies Price Prediction: ApeCoin, Solana & Cardano — Asian Wrap 28 Apr

FXStreet Team FXStreet

ApeCoin price has professional traders sharpening their knives, here's why

ApeCoin price is still headed north, but the technicals should be analyzed thoroughly to maximize potential profit. ApeCoin price is currently trading at $19,80. Traders should expect a slight pull back into the $19.40 zone before an additional run-up towards $23.

Solana price has Smart Money traps embedded in the price action

Solana price could fall towards $80 to grab liquidity as the bulls have yet to show any interest in the $97 price levels. To create a climatic downslide, market makers could entice traders to open long positions in the coming weeks. Solana price is currently trading at $97 and coiling into a wedge-like pattern.

Cardano price upsets investors as bulls go missing

Cardano price continues the downslide path as the bears have printed a bearish engulfing through a significant Fibonacci level. Bulls still involved are at high risk for a "sweep the lows" capitulation event. Cardano price is disappointing traders this week as the price action continues to see bearish force.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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