Cronos price could get washed away as bulls cling to Goldilocks outlook toward $0.10
Cronos (CRO) price is set to face some short-term headwinds as markets enter a very difficult phase for 2023. After roughly two months into this new year, it is becoming clear that markets remain eager to stay positive and push risk assets up to higher heights. In comparison, central banks are pushing against risk assets to limit the risk of inflation taking off again.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Traders sweat as PCE numbers could bear upbeat surprise
Bitcoin price, Ethereum and other cryptocurrencies are gearing up for a significant economic data point out of the US this Friday. The Personal Consumption Expenditures index or PCE is the preferred instrument from the Fed to measure the underlying inflation in the US. After an upbeat surprise out of Europe this week, where final inflation numbers were revised higher, the US PCE could also reveal an uptick.
Ethereum price hints at pullback as centralization risks are likely to emerge after Shanghai upgrade goes live
Ethereum (ETH) price shows a lack of bullish momentum after its new rally formed a local top. This exhaustion led to a minor retracement that caused ETH to flip a recently formed support level into a resistance barrier. Going forward, investors need to exercise caution to not get caught in the choppy price action.
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