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.
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.