Bitcoin, Ethereum, Solana price predictions – What to expect this week

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin fell below the $70k level earlier this month and dragged the rest of the market southward, but Ethereum and Solana show resilience.

Are BTC, ETH and SOL ripe for a breakout? Here’s a look at what the week has in store for these coins.approaches, we could see a short-term “sell the event” type of drop in prices before bulls pick up the pieces once more.maintained its bullish strength, although it has also slowed down over the past ten days. AMBCrypto assessed their price charts against one another to understand where prices could be headed next.The one-day market structure of BTC was bullish. A move below $50.

The RSI showed momentum was neutral and buyers have lost their advantage recently. The OBV also approached a support level in early March. Together, it signaled that buyers might not be able to hold prices above the $60k mark.Examining the liquidation levels showed where BTC could be attracted to next. The $50k psychological level was bright on the heatmap, but such a drop was unlikely based on the evidence at hand.

Yet it was not enough and the bulls faced rejection just below $3600. The OBV also sank to a local high it had made on the 21st of February when the $3000 mark was a resistance zone. The dormant circulation metric has been successful in recent months in marking a local top. Surges in this metric can also indicate panic selling near the bottom. Therefore, swing traders would want to see a sharp drop in prices to key demand zones highlighted earlier.While BTC and Ethereum saw notable retracements, SOL maintained its upward trajectory. It hasn’t closed in on the 50% retracement level yet from the previous swing low.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Ethereum-killer’ Solana’s co-founder supports EthereumThe SEC's recent probe into Ethereum has stirred speculation amid a 4% decline in Ethereum's value over the past week.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Is Solana ‘overdue’ a price correction? – Exec’s prediction after altcoins crashBitcoin, along with prominent altcoins such as Ethereum, Dogecoin, Ripple, Solana, and Litecoin, faced substantial declines.
Source: CryptoAmb - 🏆 22. / 68 Read more »

How Bitcoin ETF acts as a ‘starting gun’ for Ethereum, Solana ETFsAnchorage's president says Bitcoin ETFs mark a shift, hinting at forthcoming altcoin ETFs like Ethereum and Solana.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Solana flips Ethereum on this front, thanks to the memecoinsSolana's [SOL] share of the total decentralized exchange (DEX) volume has grown significantly over the past year.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Solana’s 22x hike from 2022’s low flips BNB – Is Ethereum next?Solana [SOL] broke past $200 in the last 24 hours, surpassing BNB to become the fourth-largest cryptocurrency by market cap.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Solana stays true to its ‘Ethereum-killer’ label with this milestoneWhen it comes to capital efficiency, Solana stands out against Ethereum, allowing DeFi users to achieve more with less.
Source: CryptoAmb - 🏆 22. / 68 Read more »