Monero, Bitcoin & Ethereum Face Pivotal Price Test as Asian Markets Open — 28 April
Crypto traders brace for volatility as Asia’s session kicks off—will Monero’s stealth rally outpace Bitcoin’s dominance again, or does Ethereum’s gas fee circus steal the show?
Bitcoin wobbles near key support: The OG crypto flirts with $60K—institutional whales yawn while retail traders white-knuckle their leveraged positions.
Ethereum’s make-or-break moment: With Layer 2 adoption spiking but network fees still choking DeFi peasants, ETH’s price action hinges on whether Vitalik’s roadmap delivers or devolves into another ’scaling solution’ meme.
Monero’s shadow play: Privacy coins thrive when regulators start barking—too bad most Asian exchanges delisted XMR months ago (but hey, decentralized exchanges don’t ask for KYC...).
Closing thought: If past cycles hold, today’s ’blood in the streets’ narrative will be tomorrow’s ’I told you so’ tweet from that VC who dumped his bags last week.
Monero Price Forecast: XMR soars over 19% amid rising demand for privacy coins
Monero (XMR) price is extending its gains by 19% at the time of writing on Monday, following a 9.33% rally the previous week. On-chain metrics support this price surge, with XMR’s open interest reaching its highest level since December 20. The technical outlook suggests a bullish breakout and continuation of the rally, with a target of $345.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC and ETH stabilize while XRP shows strength
Bitcoin price broke above its 200-day Exponential Moving Average (EMA) at $85,000 early last week, rallying 11.14% until Friday. However, BTC failed to close above its March high of $95,000 and declined slightly over the next two days. At the time of writing on Monday, it hovers around $93,500.
Ethereum Price Forecast: ETH ETFs post first weekly inflows since February
Ethereum (ETH) recovered the $1,800 price level on Saturday after US spot Ether ETFs (exchange-traded funds) recorded their first weekly inflows since February. Ethereum ETFs recorded net inflows of $104.1 million on Friday — their highest daily inflow since February 4, per SoSoValue data. As a result, the products saw a weekly net inflow of $157.1 million, which also marks their highest net buying activity since February.