The expectation that the hawkish stance of the federal reserve will soften and there will be a Fed pivot in the future has opened up the appetite for risky assets. The cryptocurrency market has also benefited from this and there are signs of recovery. In this environment, artificial intelligence predicts the prices of DOGE, ETH and XRP, which have come to the fore recently, in late April.
Artificial intelligence sets the DOGE price for April 30
The price of the dog-themed meme cryptocurrency surged nearly 30% on Monday, April 3, after Twitter CEO Elon Musk changed the social media app logo on the Twitter homepage from a blue bird to a Dogecoin (DOGE) image.
Dogecoin’s price stabilized somewhat until April 4, but rose by about 24% in 24 hours to just under 10 cents per token. However, DOGE reached its highest price since the beginning of February. With the excitement around the dog coin, crypto traders and investors are now watching carefully for indicators that point to further growth in the cards for Elon Musk’s favorite coin. In this context, we consulted machine learning algorithms on the crypto tracking platform PricePredictions. Algorithms using artificial intelligence (AI) technology predict that DOGE will trade at $0.103899 on April 30, 2023, according to the latest data received on April 4.
This estimate represents a 6.12% increase from the meme coin’s price of $0.0979 at press time. The forecast is based on technical analysis (TA) indicators such as moving averages (MA), moving average convergence divergence (MACD), Bollinger Bands (BB), relative strength index (RSI), average true range (ATR), and others.
Artificial intelligence determines the price of ETH for April 30
As Ethereum (ETH) struggles to maintain its support above $1,800, crypto traders and investors are watching carefully for any indication of increased growth in cards for the market’s second-largest asset by market cap.
According to current market analysis, recent closing prices at key levels could affect the future performance of ETH. Notably, the $1,671 support level serves as a crucial level for market interest as it denotes the price point where demand for the asset was strong enough to keep it from falling further. If ETH price stays above this level, it could indicate that demand for the asset is still strong, leading to a potential upside price trend.
On the other hand, the $1,911 resistance level could be a significant challenge for ETH as it represents a price level that the asset has struggled to surpass in the past. If the price fails to break above this level, it could signal a potential reversal in the asset’s uptrend and lead to a bearish price trend.
That’s why we consulted machine learning algorithms on crypto tracking platform PricePredictions. Algorithms using artificial intelligence (AI) technology predict that Ethereum will trade at $1,823 on April 30, 2023, according to the latest data from April.
Artificial intelligence sets XRP price for April 30, 2023
The XRP price is back on the upswing after its price accidentally dropped briefly as TV personality Jim Cramer commented with cautious optimism about the ongoing litigation between the US Securities and Exchange Commission (SEC) and blockchain firm Ripple. Also, machine algorithms for XRP indicate that more success is at hand.
cryptocoin.comIndeed, XRP continued to recover even as Bitcoin (BTC), the largest cryptocurrency by market cap, was posting losses. Crypto traders and investors watch carefully for any indication of increased growth in cards. With that in mind, we consulted machine learning algorithms at crypto tracking platform PricePredictions. Algorithms using artificial intelligence (AI) technology predict that XRP will change hands on April 30, 2023 at a price of $0.561968, according to the latest data.
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DOGE, ETH and XRP: These Levels Expected in April!