Ethereum

Solana

World

Bitcoin

BlackRock

<p>The post <a href="https://coinpedia.org/price-analysis/top-3-major-cryptocurrencies-can-see-nearly-40-surge-in-next-2-3-weeks/" rel="noopener noreferrer nofollow">Top 3 Major Cryptocurrencies Can See Nearly 40% Surge in Next 2-3 Weeks</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p><a href="https://www.youtube.com/watch?v=Ij-oqHfX7SA" rel="noopener noreferrer nofollow">Analyst Crypto World </a>has provided an in-depth analysis of Bitcoin, Solanan, and Ethereum prices, throwing light on upcoming trends in the cryptocurrency market. The analyst points out that Bitcoin is on the verge of a major move, with indicators suggesting a breakout.&nbsp;</p>
<p>BlackRock’s recent purchase of approximately 1,000 Bitcoin, worth around $45 million, signals bullish sentiment. With BlackRock now holding a substantial amount of Bitcoin, the market could see reduced supply, typically bullish for prices, especially with the halving approaching.&nbsp;</p>
<p>Looking at the technical analysis, the Bollinger Bands indicator indicates an impending volatile move, likely following a period of low volatility. Previous instances show that such squeezes in the Bollinger Bands often precede major price movements. If history repeats itself, Bitcoin could see a move of 20% to 30% within the next one to two weeks. At the time of writing, Bitcoin is up by more than four percent.&nbsp;</p>
<h2 class="wp-block-heading" id="h-ethereum-price-analysis">Ethereum price analysis:</h2>
<p>Turning to Ethereum, Analyst Crypto World notes a confirmed bullish cross in the daily MACD indicator, suggesting a positive momentum shift. Ethereum has also broken out of a symmetrical triangle pattern, with a bullish price target around $2580. However, resistance levels around $2390 to $2430 could pose short-term challenges. At the time of writing, Ethereum is trading in green and is trading close to the $2400 levels</p>
<h2 class="wp-block-heading" id="h-solana-price-analysis">Solana price analysis:</h2>
<p>Addressing Solana, Analyst Crypto World highlights a descending triangle pattern, typically considered bearish. If Solana breaks below support at $93 to $94, a bearish price target of $83 could be in play. However, a breakout above resistance at $96 could lead to a bullish price target around $109. Solana has already breached the $96 mark and is up by more than five percent. The coin is currently trading at $101 and according to the analyst, it could reach the $109 levels.</p>

Top 3 Major Cryptocurrencies Can See Nearly 40% Surge in Next 2-3 Weeks

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