• Cryptocurrencies had a strong performance in one of the most volatile weeks, with Bitcoin price jumping to over $27,000.
• This article will provide predictions for some popular altcoins like Cardano (ADA), Conflux (CFX), and Stacks (STX).
• Cardano rose to a high of 0.348 on Friday while Conflux (CFX) price had one of the best performances this week.
Crypto Price Prediction Overview
Cryptocurrencies had a strong performance in one of the most volatile weeks, with Bitcoin price jumping to over $27,000 for the first time in months. This article will provide predictions for some popular altcoins like Cardano (ADA), Conflux (CFX), and Stacks (STX).
Cardano Price Prediction
Cardano price made a strong comeback on Friday after the developers announced a new P2P upgrade for its network. Further, Cardano’s total value locked (TVL) jumped to a record high in ADA terms, signaling that the network is gaining traction. Cardano rose to a high of 0.348 on Friday, which was above the 25-day and 50-day moving averages. The MACD moved above the neutral point while the Relative Strength Index (RSI) moved close to its overbought level. On the hourly chart, Cardano is trading close to the major S&R pivot point. Therefore, with Bitcoin leading cryptocurrencies, I suspect that it will continue rising as buyers target the next ultimate resistance at $0.366, which is about 8% above the current level.
How To Buy Cardano
eToro: eToro offers a wide range of cryptos such as Bitcoin, XRP and others alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with other users and copy or get copied by them as well as learn from them.
Public: Public is an investing platform that allows you to invest stocks, ETFs, crypto and alternative assets like fine art and collectibles—all in one place.
Conflux Price Prediction
Conflux (CFX) price had one of the best performances this week due to China Telecom using their platform for blockchain sim cards and their NFTs doing well too . On-chain data showed that their network was gaining traction after partnering with China Telecom On the hourly chart ,the CFX prices are trading near an all time high , indicating that investors are confident in this project . With increasing institutional interest ,and positive momentum driving prices higher ,it looks likely that it could keep heading higher towards its next resistance at $3 .25 if it breaks out from its current levels .
Where To Buy Conflux?
Binance : Binance offers access to many different cryptocurrencies such as Bitcoin , Ethereum , Litecoin etc.. It also has low fees compared to other exchanges making it ideal for buying CFX . Coinbase : Coinbase offers access to many different cryptocurrencies such as Bitcoin , Ethereum etc.. It also has user friendly interface making it great choice when buying CFX .
