The Trump administration's softer stance on tariffs resulted in a rebound in cryptocurrency prices, with Bitcoin rising to $87,000 and the overall market valuation reaching $2.88 trillion. However, the crypto fear and greed index remained in the fear zone. This article provides price forecasts for Bitcoin Cash, VeChain, Monero, and Hedera Hashgraph.
Bitcoin Cash has experienced significant downward pressure in recent months, dropping from $640 to $272. It has formed a triple-bottom pattern and indicators like the RSI and PPO suggest a bullish outlook, with a target of $400 in the short term and $640 in the long term.
VeChain has also faced downward pressure, falling from $0.080 to $0.028. However, it has formed a falling wedge pattern, and indicators indicate a possible bullish breakout with a target of $0.0515.
Hedera Hashgraph's price has been stagnant despite a recent deal with Swift. The coin has formed a bearish head and shoulders pattern, and a breakdown is expected if it falls below $0.15. A rise above $0.28 would confirm further gains.
Monero has been on a strong bullish trend, rising from a low of $97.90. It has surpassed key resistance levels and is approaching the 38.6% retracement point. The coin is expected to continue rising with a target of $308.
Content Editor ( invezz.com )
- 2025-03-05
Crypto price predictions: Bitcoin Cash, VeChain, Hedera, Monero
