Top Predictions for Bitcoin(BTC), Ethereum (ETH) & Cardano (ADA) Price for the Upcoming Week!

The post Top Predictions for Bitcoin(BTC), Ethereum (ETH) & Cardano (ADA) Price for the Upcoming Week! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin (BTC) Price 

Bitcoin price is currently chopping in between very minor range which is a huge reduction in the volatility. And hence it appears that the star crypto is preparing to undergo a massive rally during the upcoming weekend. Moreover, the asset is also expected to revisit the lower support at $40,700 before a breakout. Additionally, a huge bullish divergence in the 4-hr chart points toward a thriving week ahead. 

The popular Youtuber pointed out the bullish divergence as the RSI is raising high while the price remains consolidated heavily. Therefore, with a notable opportunity, the price is expected to rebound firmly and ignite a strong uptrend very soon. However, the upcoming weekend is expected to witness huge volatility irrespective of the direction of the price movement. 

Read More: Attention Traders! Crucial Weekend for the Bitcoin(BTC) Price, Rapid Price Movement Incoming!

Ethereum (ETH) Price

Ethereum price recently broke out from the rising wedge and slipped below the support levels but remained consolidated above $3200. Despite significant selling, volume is accumulated in the short-term, yet the price is expected to reject the bearish trend. The ETH price during the weekend is expected to slice through the consolidation and seal the levels above $3500. However, a popular analyst predicts the Ethereum price rally to smash $4423 by the end of April 2022. 

As per the analyst, the ETH bulls still remain in control forming a sequence of higher highs and lows, indicating a bullish outlook. However, before a massive leg up beyond $4000, the analyst expects the asset to offer another buying opportunity below $3000. And hence the bulls need to wait and enter the trade at $2800 to $2900. And hence no doubt the ETH price may witness a drop in the upcoming weekend, yet the weekly trade may be thriving. 

Read More: Ethereum(ETH) Price May Surge High in April 2022 But Still May Have a Bearish Monthly Close!

Cardano (ADA) Price

In the larger time frame, no doubt the ADA price remains pretty uncertain, but in the hourly time frame, it’s pretty bullish. The price with a strong uptrend smashed the much-required resistance at $1.2 in the first few days of April. Further, the asset fell into a deep bearish well later that compelled the price to hit the levels close to the crucial support at $1.01. However, a strong rebound is on the verge to materialize that may uplift the price not only beyond $1.1 but also test $1.25. 

The ADA price is swinging within a falling wedge which may drag the price to the lower support closer to $1 again. And with a breakout, the price is expected to test the initial resistance at $1.099 and continuing with the bullish momentum may test the crucial resistance at $1.25. Once the price stabilizes at these levels, then a strong uptrend may uplift the price towards a higher target around $1.5 later at $1.6 and at $1.8. 

Read More: Cardano (ADA) Price Aims at a 50% Upswing, Price Primed to Hit $1.8 Before the End of Q2 2022!