Top Predictions for Bitcoin and Ethereum Prices for the Coming Week

Will Bitcoin Price Make it to $18,500 This Month?

The trade setup of the BTC price displays it to be in a decisive phase, where both the possibilities of a notable jump and a minor pullback may be expected. The price may either rise beyond $18,500 to reach $19,000 or else drop hard to test the $16,500 support zone in the short term. 

Source: https://twitter.com/CredibleCrypto/status/1603926778870779904

The BTC price is required to hold above $16,500 and ignite a firm rebound which may uplift the price to touch $17,300 which may break the resistance at $18,000. Conversely, if the BTC price losses the crucial support at $16,500, then it may slide down heavily to reach $15,600. 

Will Ethereum Price Face Acute Seling Ahead of Shangai HardFork?

The Ethereum price has slashed hard, eroding all the gains incurred in the past 7 days. The second-largest asset broke the support trendline and dropped notably in the past couple of days. Undoubtedly, the buyers tried to ease the selling pressure but the price remained with a bearish influence, due to which it dropped and continued to trade under $1200. 

Source: https://www.tradingview.com/x/mRVWoE1u/

The Ethereum price is currently trading between $1240 and $1118 and accumulating gains to pull a significant leg up in the coming days. The RSI has also witnessed a bullish divergence due to which the ETH price may undergo a notable price jump. 

The post appeared first on Coinpedia

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Bitcoin (BTC) $ 68,660.40 0.35%
Ethereum (ETH) $ 2,426.19 1.80%
Tether (USDT) $ 0.99928 0.05%
BNB (BNB) $ 558.44 0.22%
Solana (SOL) $ 161.17 0.47%
USDC (USDC) $ 1.00 0.03%
XRP (XRP) $ 0.511381 1.06%
Dogecoin (DOGE) $ 0.167657 10.47%
Lido Staked Ether (STETH) $ 2,425.10 1.79%
TRON (TRX) $ 0.162431 1.52%