All major cryptocoins are down in the last 24 hours. Bitcoin (BTC) is now trading at $9513.32, a step closer to the mark of $10,000, down 4.04% on Sunday. Ethereum (ETH) is also down 6.04, trading at 769.568, at press time. Ripple (XRP) is trading, at press time, at 0.861931, down 5.01%. Bitcoin Cash is the only in green, trading at $1695.77, up 0.44%. EOS (EOS), at press time, is trading at $17.1821, down 4.72%.
However, Monday 6th of May is a new week and new possibilities arise for the top five crypto coins. Below, some important price benchmarks will be presented:
$10,000 per BTC
Bitcoin has flirted with the mark of $10,000 for the last two days. On Saturday, it managed to be some dollars away from its target. More precisely, there was a time when BTC was $33.50 below of $10,000. This value is achievable this week if the trend goes on and if the hype around Wall Street investing in crypto accelerates.
$1,000 per ETH
Even though, this is somewhat optimistic price, the announcement of sharding being a possibility on Ethereum’s platform. Doubtlessly, this urges a renewed interest and confidence in the coin. Perhaps even $2,500 per Ethereum is possible by the end of 2018.
$1 per XRP
The past week, the coin oscillated in the markets between the values of $0.80 and $0.927. This week is very possible for XRP to touch $1 even if it will be for a brief a period of time.
$2,000 per BCH
Bitcoin Cash has been silently doing wonders in the market. This might be connected with the scheduled protocol upgrade for 15 of this month. Consequently, this week may be the week for a $2,000 Bitcoin Cash value.
$20 per EOS
EOS has performed an expected retracement after a booming performance in the markets since mid-April. The coming week would be a great chance for the token to attempt hitting $20 once again.
To sum up, the crypto markets show a major recovery since the beginning of April. The bullish trend is optimistic and seems long term. It is an evident indication of a renewed interest in crypto not only by individuals but also by large investment firms.
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