- Bullish BTC price analysis on March 29 – April 4 is up to $60k-$65k.
- ETH may reach the skyrocketing price of $2200 in two weeks.
- BNB continues to maintain its position beside BTC and ETH.
The year 2021 seems to be the year of the cryptocurrency as it continues to hit market record highs. Despite the pandemic that crashed the global economy, the crypto space remains intact and stable. As a result, global investors are now closely monitoring the crypto space.
Furthermore, Bitcoin continues to sit on top of all cryptocurrencies in terms of market capitalization. Best of all, this market ranking of Bitcoin motivates other digital assets in the crypto space. To be specific, Ethereum (ETH), Binance (BNB), Polkadot (DOT), and Cardano (ADA) are among the top 5 cryptocurrencies on CoinGecko.
Do you think these cryptocurrencies will manage to keep their market standing along with Bitcoin? Are you already interested to know? Therefore, come and join me in this price analysis article.
The king of cryptocurrency shows no sign of slowing down as it continues to smash one resistance after another. In fact, Bitcoin is already close to hitting an almost +800% growth rate in the past 12 months. Truly a remarkable performance favored by both traders and investors.
Based on the graph above, BTC keeps its position above the bullish price of $50k. Currently, BTC trades at a high price of $57k with a growth rate of +18% in the past 30 days. If this performance keeps on, BTC might overcome its resistance level soon and head towards $60k-$65k in no time.
The Ethereum cryptocurrency is one of the digital assets in the crypto space that needs no further introduction. Recently, ETH is facing many challenges in terms of its gas fees that surge so high. However, despite the high gas fees issue that the network is facing, ETH maintains its price of over $2000.
As depicted on the graph above, ETH retains its position above the Arnaud Legoux Moving Averages (ALMA), a bullish signal. If this goes on, ETH may reach the bullish price of $2200 in one to two weeks.
In addition, ETH remains to be the most used technology for cryptocurrency startups. For this reason, ETH is driving the mass adoption of cryptocurrency.
BNB, the native token of the Binance exchange is one of the most talked about digital assets in the crypto space. To be specific, BNB took the crypto world by storm when it ranked among the top 5 cryptos on CoinGecko. Today, the crypto trades at a high price of $335 with a 24.7% increase in the last 7 days.
Considering that the crypto remains in its position above ALMA, BNB might have the chance to break its $356 resistance level. If it does, BNB may go over $360 and may even rocket high to almost $370 in the coming week. Of course, this may happen if the bullish market continues to reside with the crypto.
Furthermore, Binance exchange remains one of the top crypto exchanges in the crypto space. Consequently, Binance can expect continued mass adoption of its token. Further, BNB may have a high chance of keeping its throne among the top 5 cryptocurrencies on CoinGecko.
Polkadot is one of the most active cryptocurrencies to hit the chart in 2021. This year, the crypto started trading at a low price of almost $5. Remarkably, DOT was able to boost its price by almost 900%, a growth rate favored by investors.
The graph above shows the uptrend position of the crypto upon entering the year 2021. Today, DOT trades at a high price of over $44. If this bullish trend keeps on, the crypto may reach the bullish price of $50 in no time.
Moreover, the Polkadot network continues to gain more supporters in the crypto world. In the past few months, Binance joined hands with DOT to support Polkadot’s network technology and projects. As a result, DOT prices rocketed high, an event that caught the attention of investors globally.
Cardano is one of the most active cryptocurrencies in terms of technological advancement. Recently, the network launched its Mary hard fork which brought more cool features to the network.
Aside from its network upgrade, Cardano developed a technology that validates crypto transactions without a high energy cost. Truly, this is a work of art that benefits many crypto traders and investors around the world.
As displayed in the graph above, ADA rests above the Fibonacci golden ratio ( .618), a bullish signal. Indeed, the crypto has a high chance of surging over its $1.23 resistance level. If it does, the crypto might even skyrocket its price to $1.32 and beyond in the days to come. Of course, this is close to happening if the crypto market as its investors continue to trust Cardano.
The crypto that has the highest value as of today is Bitcoin. Specifically, BTC has a market capitalization of over $1 trillion.
As of the time of writing, BTC, ETH, BNB, DOT, and ADA.
There are many cheap cryptocurrencies in the crypto market today. However, it is advisable that you should do in-depth research before investing to avoid unexpected losses.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.