The latest Bitcoin crash has put pressure on the altcoin markets. Ethereum, Dogecoin BNB, Cardano, and Dogecoin are all trading at a significant loss.
Bitcoin lost 9% in value in the recent price decline, but experts are stating that Bitcoin seems to mimic its 2020 bull market stance.
Analysts are predicting a positive rise in BTC prices, but the altcoin markets will also recover their lost glory, stabilizing portfolios of investors to the right. This weekend is a good time to help Ethereum, Dogecoin or ADA users reach stable prices.
Please Read This: Ethereum Price Prediction Post ETF Launch: Is ETH Eyeing $3,500?
Weekend Altcoin Price Predictions
Cardano, #1
Cardano’s market is currently experiencing a huge crunch. However, ADA’s tremendous popularity has not been affected by it. Once it detects bullish sentiment, the token’s price will rise.
CoinCodex ADA is predicted to drop further to $0.41 on May 4, 2024, and then pick up by the end.
“According to our current Cardano price prediction, the price of Cardano may rise by 4.63% and reach $0.465062 by June 1, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 43 (fear). Cardano recorded 12/30 (40%) green days with 11.28% price volatility over the last 30 days.”
The Binance Coin (BNB) or the BNB
BNB suffers from the impact of Changpeng Zhao, its former CEO’s arrest. This is slowing BNB down. BNB’s price may fluctuate slightly as the market heals and repairs, but it is predicted that BNB will hit the big time by May 20, 2024.
You can also find out more about Per CoinCodexBNB could rise 1% to $563 by the end of May. The token could surge by a staggering 24%, trading at $687 before the end of the month.
“According to our current Binance Coin price prediction, the price of Binance Coin may rise by 24.28% and reach $687.63 by June 1, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 43 (fear). Binance Coin recorded 15/30 (50%) green days with 3.66% price volatility over the last 30 days.”
Dogecoin 3
Dogecoin is a dog meme token that has always been able to attract the attention of the cryptocurrency vertical due to its explosive rise. Dogecoin’s price has been steadily rising and will soon recover the lost momentum once market correction dissipates.
The following is a list of CoinCodexDogecoin’s price may increase by up to 0.38% on May 4, reaching $0.126140. It is likely that the token will be worth $0.53 at the end of 2024.
“Dogecoin may trade within a range of $ 0.107249 and $ 0.533978. If it reaches the upper price target, DOGE could increase by 316.02% and reach $0.533978.”
Please Read This: Cardano: How High Can ADA Trade This May?
# Ethereum
Ethereum has been doing well in this bull market despite being subject to strict authoritarian oversight. The month of May could be pivotal for Ethereum’s price, as the talk of ETFs is gaining momentum.
The following is a list of CoinCodexEthereum could see a rise of 1.48 % by the 4th May, trading at $2942.
By the end of 2024 it is possible that tokens will be worth $3,010, up a small 3%.
“According to our current Ethereum price prediction, the price of Ethereum may rise by 3.08% and reach $3,010.34 by June 1, 2024. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 43 (fear). Ethereum recorded 16/30 (53%) green days with 5.31% price volatility over the last 30 days.”
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Source: watcher.guru