14-day crypto predictions: Slightly bullish on Bitcoin, now bearish on Ripple and Solana

Posted: 20 April 2022 9:13 am
BitcoinDestroyingBanking_GettyImages_1800x1000 (1)

Our crypto prediction panel remains bearish overall on six popular cryptocurrencies through the week of May 2.

After trading in a narrow range between $40,000 and $41,000, Bitcoin briefly dipped to $38.500. It quickly rebounded during the same trading session and went on to test $42,000. This move appears to show that investors bought the cryptocurrency at its weakness.

Finder’s crypto prediction panel turned slightly bullish on Bitcoin in the most recent survey looking out through the week of May 2.

Finder’s cryptocurrency prediction panel comprises 15 experts in the field. Each week, five of our experts rotate to share their predictions for the following two weeks on six major cryptocurrencies.

Finder’s experts remain bearish overall

Our experts remain bearish on six popular cryptocurrencies. The only exception this week is Bitcoin.

Where our crypto prediction panel stands

This weekLast week
BitcoinSlightly bullishSlightly bearish
EthereumSlightly bearishBearish
LitecoinBearishVery bearish
XRPBearishSlightly bearish
SolanaBearishSlightly bearish

The panel’s outlook on Bitcoin (BTC) is slightly bullish, a change from the week before, when it was slightly bearish. The price of Bitcoin rallied after piercing the $40,000 price support level for a short time amid market volatility.

The panel’s verdict on Ethereum (ETH) is slightly bearish, a change from the week before, when it was bearish. Ether made a similar move to Bitcoin, dropping below $3,000 before quickly recovering.

The panel’s outlook on Dogecoin (DOGE) is bearish, the same as the week before. DOGE had a strong push to $0.175 at the beginning of April, but it quickly pulled back to $0.135.

The panel’s prediction on Litecoin (LTC) is bearish, a change from the week before, when it was very bearish. LTC pulled back to $101 and tried to push higher. There’s a strong resistance level at $120 to keep an eye on.

The panel’s outlook on Ripple (XRP) is bearish, a change from the week before, when it was slightly bearish. XRP moved above $0.75, eyeing $0.8. If it fails to break $0.8, we may see another pullback to $0.7.

The panel’s verdict on Solana (SOL) is bearish, a change from the week before, when it was slightly bearish. Solana outperformed Bitcoin in early April, but it quickly dropped to $100.

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

Finder asked 33 fintech specialists in April to offer price predictions for Bitcoin by year’s end. The majority predict Bitcoin will test previous 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 page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site