Cryptocurrencies Price Prediction: Bitcoin, Ethereum & IOTA – European Wrap 21 April

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC/USD resilient in the face of dramatic oil collapse into the negative territory

While WTI crude oil futures went into negative territory in an unprecedented market crash, Bitcoin remained relatively stable. The first digital coin lost about 4.5% of its value in the recent 24 hours and retreated below $7,000 amid worsened sentiments on the global markets, but the general trend remains bullish.

Ethereum Price Analysis: ETH/USD jumps off from the upside trend line, $200.00 still on bulls' radar

Ethereum hit the intraday low at $169.82 during early Asian hours only to recover to the area above $174.84. At the time of writing, ETH/USD is changing hands at $171.00. Despite the recovery, ETH is still down 5% on a day-to-day basis. Ethereum's market value is registered at $19.1 billion, while an average daily trading volume settled at $20.0 billion.

IOTA Market Update: IOT/USD grinds to the pivotal $0.16 level, targets $0.18

IOTA is among the most improved cryptocurrencies on Tuesday following a retreat from the current pivotal level at $0.16. The month of April has been kind to the digital asset as the bulls pull away from the lows hit in March around $0.0766.

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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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