Finder makes money from featured partners, but editorial opinions are our own.

14-day crypto predictions: More bullish on Bitcoin, Ethereum; neutral overall

Posted:
News
CryptocurrencyBitcoin_Finder_1800x1000-1

Our crypto prediction panel moved from slightly bearish to neutral overall on six popular cryptocurrencies.

Bitcoin has been stuck in a range between US$35,000 and US$45,000 since the beginning of the year. But in the past few days, the price managed to stay above US$40,000, a positive sign for investors hoping it can finally move higher.

Finder's crypto prediction panel seems to agree, turning more bullish on Bitcoin and slightly bullish on Ethereum in the most recent survey looking out through the week of April 4.

Our cryptocurrency prediction panel is made up of 15 experts in the field. Each week, five of them rotate to share their predictions for the following two weeks on six major cryptocurrencies.

Finder's experts turned neutral overall from slightly bearish last week

For the past two weeks, our panel of experts has been slightly bearish overall, but that shifted to neutral this week on the combined six cryptocurrencies.

Where our crypto prediction panel stands

This weekLast week
BitcoinBullishSlightly bullish
EthereumSlightly bullishSlightly bearish
DogecoinSlightly bearishBearish
LitecoinSlightly bearishBearish
XRPNeutralBearish
SolanaNeutralSlightly bearish
OverallNeutralSlightly bearish

The panel's outlook on Bitcoin (BTC) is bullish, a change from the week before when it was slightly bullish.

One piece of news that Bitcoin's investors might see as positive was Terra's founder Do Kwon's announcement that he will buy US$10 billion worth of Bitcoin to act as a reserve for Terra's stablecoin UST.

The panel's verdict on Ethereum (ETH) is slightly bullish, a change from the week before when it was slightly bearish. Ethereum prices have been on an upswing after a February rally fell apart in an early March dip.

The panel's outlook on Dogecoin (DOGE) is slightly bearish, a change from the week before when it was bearish. Dogecoin has been in a downtrend for almost a year.

The panel's prediction on Litecoin (LTC) is slightly bearish, a change from the week before when it was bearish. Litecoin has gained about 9% this week, but only after falling to the lows of roughly one year ago.

The panel's outlook on Ripple (XRP) is neutral, a change from the week before when it was bearish. Ripple has rallied the past couple of days to top 84 cents once again. That has proven to be a resistance level the coin has a hard time moving past.

The panel's verdict on Solana (SOL) is neutral, a change from the week before when it was slightly bearish. The current price continues to languish at longtime lows near US$95.

Finder's experts hold long-term bullish sentiment on Bitcoin

Finder asked 33 fintech specialists in January to offer price predictions for Bitcoin by year's end. Most of them believe Bitcoin will reach all-time highs at the end of 2022.

To learn more about our experts' outlooks on cryptocurrency prices, start with our Bitcoin price prediction page, then see our price prediction pages on Ethereum, Solana, Litecoin, Ripple and Dogecoin.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

At the time of publication, Kliment Dukovski owned Bitcoin, Ether and Solana.

Get started with crypto

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site