2022-01-10 10:36:50

Bitcoin, Ethereum and Cardano – European Wrap 10 January [Video]

Bitcoin price is hovering around a crucial barrier moving sideways, suggesting a massive move could be around the corner. Ethereum is already showing promise of a recovery rally while XRP slacks around. Some altcoins are already swinging higher, showing strength and optimism.

 

BTC/USD 4-hour chart

Analysts are bullish on Ethereum price and predict that the altcoin could break past resistance to climb up to $3,500. Institutions believe that over half of the world’s financial transactions could touch Ethereum within the next decade.

Cardano price has been trading below a vital support level for quite some time. The short-term bearish outlook may be setting up a bottom that could reverse the current trend. A recovery above the said barrier will be the key to restarting a quick run higher. 

 

ADA/USDT 4-hour chart

 

 

 

 

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