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Analyst Crypto Forecasts—Overly Bullish on XRP, ETH, ADA & SOL?


by Anisha Pandey
for CoinEdition
Analyst Crypto Forecasts—Overly Bullish on XRP ETH ADA SOL
  • SOL is predicted to soar to as much as $1,000 in the near future. 
  • XRP and ETH have also formed technically bullish setups in their price action. 
  • ADA is also forecasted to claim $1 as the broader market remains sluggish.

Market analysts have made very optimistic predictions for blue chip cryptocurrencies like XRP, Ethereum (ETH), Cardano (ADA), and Solana (SOL). 

At the same time, digital currencies are facing significant negative pressure as Bitcoin (BTC) has failed to reclaim $100,000 on multiple occasions. A major question pops up: are analysts too hopeful?

ETH to $9K: A Prediction Too High?

Crypto Rover, a crypto analyst, predicted in a post on X (formerly Twitter) that ETH could soar to the $9000 price level as it has formed levels similar to the 2021 market bull run. Meanwhile, investor Ted Pillow has forecasted that the chances of the leading digital currency claiming $3.1K-$3.3K by next week “looks highly likely.” 

Related: Ethereum Nears Critical Resistance Against Bitcoin: Breakout Could Trigger Altcoin Rally: Analyst

The ETH 2-…

The post Analyst Crypto Forecasts—Overly Bullish on XRP, ETH, ADA & SOL? appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsAnalyst Cryp...

Analyst Crypto Forecasts—Overly Bullish on XRP, ETH, ADA & SOL?


by Anisha Pandey
for CoinEdition
Analyst Crypto Forecasts—Overly Bullish on XRP ETH ADA SOL
  • SOL is predicted to soar to as much as $1,000 in the near future. 
  • XRP and ETH have also formed technically bullish setups in their price action. 
  • ADA is also forecasted to claim $1 as the broader market remains sluggish.

Market analysts have made very optimistic predictions for blue chip cryptocurrencies like XRP, Ethereum (ETH), Cardano (ADA), and Solana (SOL). 

At the same time, digital currencies are facing significant negative pressure as Bitcoin (BTC) has failed to reclaim $100,000 on multiple occasions. A major question pops up: are analysts too hopeful?

ETH to $9K: A Prediction Too High?

Crypto Rover, a crypto analyst, predicted in a post on X (formerly Twitter) that ETH could soar to the $9000 price level as it has formed levels similar to the 2021 market bull run. Meanwhile, investor Ted Pillow has forecasted that the chances of the leading digital currency claiming $3.1K-$3.3K by next week “looks highly likely.” 

Related: Ethereum Nears Critical Resistance Against Bitcoin: Breakout Could Trigger Altcoin Rally: Analyst

The ETH 2-…

The post Analyst Crypto Forecasts—Overly Bullish on XRP, ETH, ADA & SOL? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin, XRP surge as Ethereum, Dogecoin struggle: What’s behind crypto’s latest moves?

Bitcoin, XRP surge as Ethereum, Dogecoin struggle: What’s behind crypto’s latest moves?

Grayscale’s recent report showing profit and loss recorded on crypto assets could inf...
Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, believes Ethereum continue...