Top 3 Price Prediction Bitcoin, Ethereum, XRP: Crypto traders anticipate a new

rally soon

Bitcoin price shows strength as it maintains the $40,000 support zone. Ethereum
price develops an entry that could yield a 27% gain. XRP price is poised to return
to the critical $1 value area. Bitcoin price action has spent the week developing a
particularly nasty bear trap off a head-and-shoulders pattern. Ethereum price
pulled back from the recent rally, but it has found support and shows signs of
buyers returning to continue the push higher. XRP price has developed a near-
identical reversal setup to Ethereum as Ripple targets a 20% gain. Bitcoin price
presents buying opportunity before BTC will breakout to $61,000 Bitcoin price
action continues to offer an excellent long opportunity before the weekend. The
theoretical long entry is a buy stop order at $44,000, a stop loss at $40,000, and
a profit target at $61,000. The trade represents a 4.25:1 reward/risk with an
implied profit target of over 40% from the entry. A two-box trailing stop would
help protect any profit made post entry. BTC/USD $1,000/3-box Reversal Point and
Figure Chart The theoretical long idea is invalidated if Bitcoin price has a daily
or weekly close below the $39,500 value area. Ethereum price targets a return to
$4,000, wiping out short sellers in the process Ethereum price, like Bitcoin and
many other altcoins, has developed several bear traps. However, the most recent
bear trap has generated a buying opportunity from a Point and Figure pattern known
as a Pole Pattern. Pole Patterns are a more flexible pattern in Point and Figure
charting, offering initial entries with inverse reversal setups simultaneously. One
of those opportunities now exists for Ethereum. A theoretical long setup for
Ethereum price is a buy stop order at $3,400, a stop loss at $3,200, and a profit
target at $4,300. This trade represents a 4.5:1 reward/risk setup with an implied
profit target of over 27% from the entry. A two to three-box trailing stop would
protect any profit made after triggered entry. ETH/USD $50/3-box Reversal Point and
Figure Chart The theoretical long entry is invalidated if the current O-column
reaches $2,950. XRP price pulls back and prepares to convert to a bull market XRP
price action has the best-looking bullish breakout compared to Bitcoin or Ethereum.
This bullish bias is because the entry off the Pole Pattern breaks the current bear
market angle and converts XRP into a bull market. The possible long entry is a buy
stop order at $0.80, a stop loss at $0.76, and a profit target at $0.98. Because
this entry is based on a Pole Pattern reversal, XRP can move lower. If XRP does
move lower, then the entry and the 4-box stop follow in tandem – but the profit
target remains at $0.98. Like Bitcoin and Ethereum, XRP’s possible long trade setup
is a 4.5:1 reward/risk but with a 23% implied gain. As a result, $0.98 may be too
conservative, especially given how long XRP has spent wallowing in flat to negative
price action compared to Bitcoin and Ethereum. XRP/USD $0.01/3-box Reversal Point
and Figure Chart This long entry idea is invalidated if XRP price drops to $0.70.
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Down 34% to 60% From Their All-Time Highs, Are Bitcoin, Ethereum, Solana, or
Cardano Worth Buying in 2022?

Two months ago, Bitcoin (CRYPTO:BTC) was over $64,000, Ethereum (CRYPTO:ETH) was
over $4,600, Cardano (CRYPTO:ADA) was around $2.05, and Solana (CRYPTO:SOL) was
just under $240. Since then, all four large-cap cryptocurrencies have been down at
least 30%. The fall from their respective all-time highs is even more. Here's
what's driving crypto markets lower and which, if any, of these four cryptos are
worth buying now. Image source: Getty Images. Crypto market headwinds At its core,
the crypto investment thesis is based on the belief that digital means of exchange,
digital stores of value, decentralized finance (DeFi), and decentralized apps
(dApps) will gradually be in more widespread use, and so would be worth more in the
future. For that to happen, the crypto industry must receive support from investors
-- made possible by companies pursuing new projects, attracting talent, as well as
early funding from venture capital companies. However, regulatory risks in the U.S.
and in other countries where more mining takes place, such as China and the Middle
East, threaten the industry's growth. Despite this, leading exchanges, like
Coinbase and BlockFi, have been adamant about educating regulators about crypto by
taking a proactive approach to working with them, not against them. Still, it
wouldn't be surprising if regulation remains a threat for the foreseeable future,
given crypto's potential to disrupt fiat currencies like the U.S. dollar, as well
as the highly valuable and entrenched U.S. financial sector. Another threat is
rising interest rates. Lower interest rates are a tailwind for riskier asset
classes like stocks -- especially growth stocks -- and cryptocurrencies. There are
two primary reasons behind this. First, companies in growing industries tend to
lack the necessary cash flow to fund their operations organically. In a low
interest-rate environment, they are incentivized to take on debt, rather than raise
equity capital, to fuel growth. In addition, more mature companies are incentivized
to buy back their own stock using cheap debt, thus driving up their stock prices
due to lesser outstanding shares. Second, higher interest rates make other asset
classes, such as bonds, comparatively more attractive. To reduce inflation,
however, the Federal Reserve indicated it might begin tapering faster than
expected. Tapering means scaling back its bond purchases, a mechanism the Central
Bank uses to shrink or reduce the growth of the overall money supply circulating in
the economy. After years of low interest rates, which became even lower due to the
COVID-19 pandemic, the Fed is tapering its debt purchases, hoping to slow down
inflation. Over the last decade, federal and monetary stimuli helped the U.S. stock
market by extending lifelines for companies desperate for cash. The final headwind
worth discussing is fears of a crypto winter. Prolonged slowdowns and even declines
in crypto asset values, have traditionally happened every four years. The calendar
suggests we are due for another one that may have already started. However, because
most of the Bitcoin that can possibly be mined is already mined, crypto winters
should carry less and less weight over time. The rise of Solana and Cardano Solana
has carved out a useful role as a faster and cheaper complement to Ethereum. So
far, though, it is a more centralized network that is less secure than Ethereum.
Reports suggest that Solana crashed on Jan. 4 for the third time in the last six
months.  Cardano is less active than Solana. But like Ethereum and Solana, Cardano
is a Layer 1 blockchain that could serve a big role in the future of DeFi. Solana
has been criticized by some as rolling out too fast, and consequently, facing bugs
or potential security breaches. By comparison, Cardano's founders have been
criticized for taking things too slow for the benefit of reducing problems down the
line. As a result, many investors have lost patience with Cardano, as it's down the
most from its all-time high. Crypto Current Price All-Time High Change Bitcoin
$42,600 $69,000 (38%) Ethereum $3,230 $4,865 (34%) Solana $140.50 $259.03 (46%)
Cardano $1.20 $3.03 (60%) Data source: coinmarketcap.com. Stick with the ones with
the best long-term theses Despite Solana and Cardano's potential, most investors
are probably best sticking with Bitcoin and Ethereum. The rise of new altcoins,
non-fungible tokens (NFTs), the metaverse, and other crypto-related investments has
made Bitcoin appear less exciting than when the landscape was in its infancy.
However, Bitcoin offers one of the most attractive risk/reward profiles in the
crypto space. Bitcoin depends less on the health and growth of the crypto industry
and more on companies, countries, and regular people seeing it as a meaningful
store of value. That trend alone should be enough to propel Bitcoin up multiples
higher over the coming years. Ethereum is the market leader in DeFi and dApps and
serves as a balanced way to invest in the long-term growth of blockchain technology
that could one day improve our everyday lives by simplifying finance and giving
individuals more control over their money. For risk-tolerant investors, a basket of
mostly Bitcoin and Ethereum, with small positions in Solana and Cardano, could be a
great way to take advantage of the crypto sale. When it comes to investing in
cryptocurrency, it's important to remember that short-term volatility is
unpredictable and can rapidly cause prices to shift away from fundamentals, both to
the upside and downside. Maintaining a multi-year time horizon is the best way to
stay calm during market crashes and let the long-term thesis play out. This article
represents the opinion of the writer, who may disagree with the “official”
recommendation position of a Motley Fool premium advisory service. We’re motley!
Questioning an investing thesis -- even one of our own -- helps us all think
critically about investing and make decisions that help us become smarter, happier,
and richer.

Congress Introduces A Game-Changing Crypto Bill As The Price Of Bitcoin, Ethereum,

BNB, Solana, Cardano, XRP Sinks

The tide in the crypto market has turned. Today the bitcoin price sank 4%. The
price of the second-largest crypto, ethereum, is down 3.5%. Meanwhile, the BNB
price slipped 1.9%, cardano 3.3%, XRP 3.4%, and solana 4.9%. However, a major
catalyst is brewing that could turn cryptocurrency prices around. Bitcoin
cryptocurrency coin NurPhoto via Getty Images As the Fed pushes ahead with its
crypto investigation into a digital dollar —which would create competition for
major cryptocurrencies, such as bitcoin, ethereum, solana, XRP, and BNB—one
congressman is seeking to ban government-issued digital currencies. This past
Wednesday, Minnesota Republican Representative, Tom Emmer, introduced a bill that
would put a damper on the Fed’s powers in issuing a digital currency directly to
American citizens, which he thinks would put the nation on an authoritarian path.
“Requiring users to open up an account at the Fed to access a US CBDC would put the
Fed on an insidious path akin to China's digital authoritarianism," he said in a
statement. "It is important to note that the Fed does not, and should not, have the
authority to offer retail bank accounts." Although Fed Chair Jerome Powell said
cryptos could co-exist with central bank-issued cryptocurrencies, the congressman
argues a CBCD would allow the Fed to surveil Americans, which defeats the whole
purpose of a decentralized cryptocurrency. "CBDCs that fail to adhere to these
three basic principles could enable an entity like the Federal Reserve to mobilize
itself into a retail bank, collect personally identifiable information on users,
and track their transactions indefinitely," he said. Zooming out Last July, the Fed
launched an investigation into whether it should introduce its own digital
currency. “We think it’s really important that the central bank maintain a stable
currency and payments system for the public’s benefit. That’s one of our jobs,” Fed
Chair Jerome Powell said. Later he noted that involves the “transformational
innovation” in digital payments, referring to the revolution of cryptocurrencies.
The Fed didn’t give any timeline and hinted that they won’t rush it. “I think it’s
important that we get to a place where we can make an informed decision about this
and do so expeditiously…I don’t think we’re behind. I think it’s more important to
do this right than to do it fast,” Powell said at his post-meeting news conference.
The Fed hasn’t yet made any decision, but this Tuesday Powell told a US Senate
committee that they’d release the highly anticipated report on central bank digital
currencies “within weeks.” Looking ahead Government-backed cryptocurrencies are
picking up steam worldwide. As of now, 87 countries (which make up over 90% of the
world’s GDP) are considering launching their own cryptocurrencies, according to
Atlantic Council. 14 are on a test run, including China, and nine have already
launched, with Nigeria introducing last. Meanwhile, the countries with the largest
central banks—the US, Japan, the Euro area, and the UK—are falling behind. The
adoption of central bank-issued digital currencies among major economies is a
closely watched development among crypto investors because it’s not yet clear how
they would affect major cryptocurrencies. Jerome Powell thinks central bank-issued
currencies would render cryptocurrencies useless. “You wouldn’t need stablecoins;
you wouldn’t need cryptocurrencies, if you had a digital U.S. currency,” Powell
said during a congressional hearing last July. Others believe a digital dollar
would have the opposite, counter-intuitive effect. Greg King, the founder and CEO
of Osprey, argues it would spark a backlash over privacy concerns and push more
people into decentralized cryptocurrencies. In an interview with CNBC after
Powell’s remarks, King said: “Imagine the world’s fiat currencies are digitized. I
actually think that pushes more people into something like a bitcoin because,
frankly, that would give governments even more control than they already have
around their money supply, and a lot of people get into bitcoin for concerns about
that type of control.” Stay ahead of the crypto trends with Meanwhile in Markets…
Every day, I put out a story that explains what’s driving the crypto
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