FXStreet Team
FXStreet
Bitcoin price has made some bullish moves on Tuesday, pushing BTC higher by more than 5%. Ethereum price continues to go higher and higher, hitting and holding the $3,000 value area. XRP price faces selling pressure after making new one-month highs.
A brief technical and on-chain analysis on a few cryptos. Here, FXStreet’s analysts evaluate where some of the hottest cryptos on the market could go next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
Solana price may appease side-lined traders to go long as it has broken past key resistance. Still, it is best to consider an alternative scenario as triangles are known to display directional trend fakeouts.
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Solana price has revealed its bullish intentions as it moved above a crucial resistance barrier on April 1. This development is likely to be followed by an explosive move to hurdles after a minor pullback.
Shiba Inu price started an uptrend as the circulating supply of the Dogecoin-killer shrinks. The community has burned another 179 million SHIB tokens overnight, pulling them out of the supply.
Bitcoin price could breakout soon as analysts believe recent bearishness represents a brief period of profit-taking that is about to end. Miami is hosting the world’s largest crypto conference in 2022, fueling a bullish narrative among investors.
Ethereum price shows signs of moving higher after crossing above a crucial resistance barrier. On-chain metrics also reveal a bullish outlook, adding credence to the technical standpoint.
Bitcoin price shows affinity to move higher after the recent surge on March 27. The previous downswing helped remove any inefficiencies to the bottom while setting up the stage for another leg-up.
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