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Cryptocurrencies Price Prediction: Bitcoin, The Graph and Cardano – European Wrap 20 August

Cryptocurrencies Price Prediction: Bitcoin, The Graph and Cardano – European Wrap 20 August
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Weekly Forecast: Adoption wades through roadblocks as BTC price targets $50,000

Bitcoin price is making a comeback after a recent pullback. This attempt will confirm if the resurgence of bulls is true by producing a higher high above the recent swing high and propel BTC higher.

BTC/USDT 1-day chart

The Graph Price Prediction: GRT stares at 70% upswing after breaching crucial level

The Graph price showed a strong move that shattered a crucial resistance level on August 20. This ascent could be a precursor to further gains in the near future.

GRT/USDT 1-day chart


Cardano catches up with Solana and Terra as ADA hits new all-time high

Cardano's market cap has crossed $79 billion, nearly 20% of the second biggest crypto, ETH. ADA rallied over 85% in August in response to the upcoming Alonzo hard fork and smart contract upgrade announcements. Cardano's competitors Solana (SOL) and Terra (LUNA) have surged by over 40% in the past two days. The Ethereum killers are competing for a larger share of the decentralized application ecosystem. 

 

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