- Cryptocurrencies price prediction for Bitcoin (BTC), Chainlink (LINK) and Pepe (PEPE).
- A market bounce across crypto could see BTC target $90k and LINK and PEPE hit key levels.
- Market sentiment amid tariffs news is a crucial factor.
As the cryptocurrency market anticipates a potential holiday-driven bounce, Bitcoin (BTC), Chainlink (LINK), and Pepe (PEPE) exhibit distinct price behaviors.
BTC continues to hold above $80k, helped by spot exchange-traded funds inflows and whale buying. Meanwhile, Chainlink and Pepe are eyeing bullish strength after bouncing off recent lows of $10.20 and $0.00000579.
Market dynamics continue to dictate sentiment, but could potential trajectories see BTC, LINK and PEPE hit key psychological levels in coming weeks?
Bitcoin price prediction
Bitcoin is trading at approximately $84,656 as of 10:06 CET on April 17, 2025. Per CoinGecko, the benchmark digital asset’s value is up nearly 2% in the past 24 hours.
As the chart shows, Bitcoin has faced repeated rejections at the 200-day Exponential Moving Average (EMA) around $85k.However, the consolidation aligns with price stabilization, with BTC getting the buoy from spot ETFs inflows.
Bloomberg’s Eric Balchunas shared this outlook via X.
In terms of Bitcoin price prediction, a breakout above the 200-day EMA could trigger a bullish trend. Potentially, this pushes BTC toward $90,000, especially if risk-on sentiment strengthens due to easing U.S.-China trade tensions.
Conversely, failure to breach $85k may lead to retesting support near $80k.
Chainlink price prediction
Chainlink (LINK) is priced at $12.60 as of writing, reflecting a 4% gain over the past 24 hours.
LINK is attempting to break higher after suffering a downtrend trajectory since peaking at $30 in December. Despite bulls being unable to reverse the slide, the surge in active addresses suggests growing network activity.
Technical indicators however suggest imminent recovery, as LINK looks to reclaim key support levels. A holiday bounce with a significant uptick in network engagement or market-wide bullish momentum, could boost LINK.
Nonetheless, resistance looms near $13.25, while further gains will see the 200-day EMA near $17 will come into view.
On the flipside, downside pressure in the short term could see LINK revisit the $10 support area.
Pepe price prediction
Pepe (PEPE) hovers at $0.0000073, with a 24-hour trading volume of $596 million, representing a 6% spike.
The Relative Strength Index (RSI) remains near the neutral mark, while the MACD also reflects trader indecision.
A 7% price increase over the past seven days speaks to this. However, on-chain data shows buying activity, which may influence short-term volatility. Notably, a holiday-driven surge for BTC and top altcoins could drive PEPE higher.
Resistance at $0.00001 remains a hurdle, while support near $0.000006 could hold if selling pressure takes over.
Credit: Source link
