Here are our Quick Crypto Price Predictions for Bitcoin, Ethereum and Shiba Inu
Quick Crypto Price Prediction for Bitcoin
Bitcoin Price Prediction: Will Bitcoin go up or Will Bitcoin go down?
7 out of our 10 BTC Forecasts are accurate. So how is the market placed according to Crowdwisdom360 Momentum Indicators?
At the moment, BTC is making a gradual move higher. However, most indicators are in the red and instead BTC may move a little lower.
The only good news is investor sentiment continues to increase with respect to BTC. However, given the overall macro situation, a quick recovery this weekend is unlikely.
Read Detailed Bitcoin Price Prediction here
Quick Crypto Price Prediction for Ethereum
Ethereum has continued to trend lower over the last few weeks and has in fact underperformed Bitcoin during this period. Ethereum is down 9% since April 12th while BTC is up nearly 3%. The Gap is much lower for the rest of the year. The ETH price reached an all-time high of $4,878.26 on November 10th; ETH has been trading southwards since then.
Over the last 24 hours, Ethereum has marginally underperformed the Cryptocurrency market and is down 3.5%. While there is a marginal improvement over the last 12 hours, the overall outlook is negative.
We continue to keep Ethereum in our list of 10 Best Cryptos to buy now in 2022 given its dominant position amongst Blockchain coins (Market Cap and Price Performance)
Read Ethereum Price Prediction here
Quick Crypto Price Prediction for Shiba Inu
What is working for SHIB today?
- For SHIB only indicator that has not turned negative is the net sentiment which has remained neutral in the last 24 hours.
- Shiba Inu has been able to maintain its market cap rank.
What is not working for SHIB today?
- The technicals are not favourable enough for the rise of Shib.
- The Google search volume is lower as compared to 24 hours ago.
- The social media buzz is Negative.
- In the last 6 hours, more whales are selling than buying
On the 7 days, Shiba Inu’s momentum has been mostly bullish. However, Shib has formed a head and shoulder pattern on the 7 days chart and since then the price of Shiba Inu has been retreating.
Shib remains one of the worst-performing cryptocurrencies in last the last 5 days. Compared to BTC, ETH and Doge, SHIB has underperformed in the last 5 days. On the YTD chart, SHIB is down nearly 70%.
Read Detailed Shiba Inu Prediction here
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
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