Weekend Watch: ETH, SOL, ICP, LINK, and ADA – Where are the Prices Headed?
- A sell wall at $3,475 could send ETH’s price below $3,300 as it attempts to push higher.
- SOL might climb toward $198.18 but ICP might drop to $16.39.
- LINK was on the verge of forming a bullish flag while ADA could aim at $0.59.
This week, prices of many cryptocurrencies tumbled and a lot of them failed to sustain their recoveries. However, traders are hopeful that the turbulent times experienced in the last five days will be put to rest this weekend.
Therefore, Coin Edition looks at five of the top 20 cryptos per market cap and how the direction they might head this weekend. Read on.
ETH Price Analysis
Between April 1 and 2, Ethereum’s (ETH) price fell from $3,654 to $3,237, highlighting how steep the correction was during the week. However, bulls capitalized on the drawdown and created support for the altcoins.
As a result, ETH climbed to $3,345. Despite the slight jump, the Relative Strength Index (RSI) showed that ETH was not yet out of danger as the reading remained below 50.00. If buying momentum increases this weekend, then the price could head toward $3,512 overhead resistance.
ETH/USD 4-Hour Chart (Source: TradingView)
On the …
The post Weekend Watch: ETH, SOL, ICP, LINK, and ADA – Where are the Prices Headed? appeared first on Coin Edition.
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Weekend Watch: ETH, SOL, ICP, LINK, and ADA – Where are the Prices Headed?
- A sell wall at $3,475 could send ETH’s price below $3,300 as it attempts to push higher.
- SOL might climb toward $198.18 but ICP might drop to $16.39.
- LINK was on the verge of forming a bullish flag while ADA could aim at $0.59.
This week, prices of many cryptocurrencies tumbled and a lot of them failed to sustain their recoveries. However, traders are hopeful that the turbulent times experienced in the last five days will be put to rest this weekend.
Therefore, Coin Edition looks at five of the top 20 cryptos per market cap and how the direction they might head this weekend. Read on.
ETH Price Analysis
Between April 1 and 2, Ethereum’s (ETH) price fell from $3,654 to $3,237, highlighting how steep the correction was during the week. However, bulls capitalized on the drawdown and created support for the altcoins.
As a result, ETH climbed to $3,345. Despite the slight jump, the Relative Strength Index (RSI) showed that ETH was not yet out of danger as the reading remained below 50.00. If buying momentum increases this weekend, then the price could head toward $3,512 overhead resistance.
ETH/USD 4-Hour Chart (Source: TradingView)
On the …
The post Weekend Watch: ETH, SOL, ICP, LINK, and ADA – Where are the Prices Headed? appeared first on Coin Edition.
Read More