Crypto Price Prediction: On Monday, the cryptocurrency market witnessed and eased from selling possible due to the development in the Asia-Pacific financial markets. Reports confirm that key investment firms, including China Asset Management, Bosera Capital, and HashKey Capital, have successfully obtained the green light from the Hong Kong Securities and Futures Commission to launch Bitcoin and Ethereum spot ETFs.

This approval may open the door to additional inflow from investors to Bitcoin and Ethereum through ETFs.In the last 24 hours, the Bitcoin (BTC) price is up 3%, the Ethereum (ETH) and Solana jumped 7%, and Binance Coin (BNB) and XRP surged 5%.

As most of the major coins seek to develop a local bottom, the sidelined traders may seek new long opportunities. 

Also Read: Top 3 Layer 1 Altcoins To Buy To Turn $1000 Into $5,000 BTC Halving Week

1) Bitcoin (BTC)

Bitcoin (BTC)| Tradingview

Bitcoin (BTC) is the first and most prominent cryptocurrency, operating on a decentralized network of computers known as the blockchain. The digital asset stands out due to its pioneering use of blockchain technology, which ensures security and transparency by recording all transactions on a public ledger.

For over a month, the BTC price has been wavering sideways trying to stabilize before the upcoming halving, scheduled around April 20th. Amid this pre-halving consolidation, the Bitcoin price has showcased sustainability above $61500 support with two bounce-backs in daily charts.

A recent reversal from the support has surged assets to $66335, registering a 7% jump in the last two days. The current market cap of Bitcoin holds above $1.3 Trillion, while 24-hour day value wavers at $43.17 Billion.

If the renewed recovery strengths, the buyers must breach a 20-day EMA slope at $68000 to get better control over this asset.

Also Read: Why Bitcoin Price Tumbled To $60K Ahead Halving, How Low Can Bitcoin Go?

2) Toncoin (TON)

Toncoin (TON)| Tradingview

Toncoin (TON) is the native cryptocurrency of the Open Network (formerly known as Telegram Open Network), initially envisioned by the creators of the Telegram messaging app but now developed by an independent community. The project aims to create a fast, scalable, and user-friendly blockchain.

Defying the current market consolation, the Toncoin price has maintained a steady uptrend utilizing an ascending trendline. Amid last weekend’s sell-off, the TON price rebounded precisely from the support trendline, projecting the continued accumulation of this asset during the market dip.

The TON price currently trades at $7.06, registering a 37% gain in the last three days. With the market cap surging to $24.6 Billion, the Toncoain maintains its position as the 8th largest cryptocurrency.

As per the pivot levels, the Toncoin buyers may witness overhead supply at $8, followed by a $10 horizontal level.

Also Read: Crypto Prices Today April 15: Bitcoin At $65K, ETH Above $3100, XRP & SOL Rebound

3) Dogwifhat(WIF)

Dogwifhat(WIF)| Tradingview

The Dogwifhat (WIF) is a Solana-based meme cryptocurrency that features itself as a Shiba Inu dog wearing an adorable pink-knitted hat. The WIF has showcased a notable resilience to the recent market correction, holding its ground above the $2 psychological.

The renewed demand pressure propelled the memecoin value 52% within two days to currently trade at $2.96.The recent uptick in value for the memecoin WIF could be largely attributed to its inclusion for spot trading on OKX, which is ranked as one of the top offshore exchanges.

OKX, the second largest offshore exchange, announced that it will launch memecoin WIF and MEW spot trading. OKX recently suddenly changed its style and listed a large number of coins. The reason is unknown. https://t.co/vo5TfA7t6Y

— Wu Blockchain (@WuBlockchain) April 15, 2024

By press time, the Dogwifhat coin shows a market cap of $2.96 Billion, with a trading volume of $969.2 Million. With sustained buying, the coin price should breach the overhead trendline as a signal for uptrend continuation.

The daily chart shows overhead resistance at $4.3, and $4.8, while the potential support at $1.95 and $1.65.

Key Takeaway

The most-awaited crypto event of the year, Bitcoin Halving is expected to take place later this week. Amid this positive note, the digital asset market shows notable resilience to the recent geopolitical issue in the Middle East evidenced by the Bitcoin price sustainability above $61500. While this week is expected to remain volatile, potential traders must watch to keep support levels to capture a dip opportunity in their favorite cryptocurrencies. 

The post BTC, TON, WIF Price Prediction 4/15: Top Crypto Coins to Watch in Bitcoin Halving Week appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am