Price predictions 4/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, SUI
Bitcoin approached the $95,000 resistance as positive macroeconomic news sparked institutional demand for BTC ETFs. Analysts predict a year-end price target of $200,000. Bitcoin formed a Doji candlestick, indicating indecision near resistance. If the price rises above $95,000, it could reach $100,000 and possibly $107,000. In contrast, a sharp decline from this level would suggest a bearish outlook. Ether climbed above key moving averages; a move above $2,111 could boost it toward $2,550. XRP exceeds the 50-day SMA, but sellers may stall its momentum. BNB broke out of a downtrend but faces retracement to moving averages. Solana rebounded and needs to close above $153 to continue upward. Dogecoin broke above moving averages, aiming for $0.21, while Cardano strives to sustain above key levels to target $0.83. Chainlink and Avalanche showed bullish signs, with predictions encouraging potential increases. Sui surpassed $2.86, indicating bullish momentum. Overall, altcoins are showing signs of recovery, as the market reflects shifting investor sentiment towards cryptocurrencies.
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