Crypto price predictions were vibrant on Thursday morning as the crypto market reacted to the positive tariff news from the United States and as traders anticipated the upcoming crypto summit. Howard Lutnick, the Commerce Secretary, confirmed that Donald Trump will announce Strategic Crypto Reserves in that meeting. This article looks at the top crypto predictions, such as Aptos (APT), Cronos (CRO), and Bitcoin Cash (BCH).
Aptos (APT) price forecast
Aptos is a popular layer-1 network with over $1 billion in total value locked (TVL). The most prominent players in the network are Aries Markets, Echo Protocol, Amnis Finance, Echelon Markets, and Thala. It has over $833 million in stablecoin market cap. Aptos price has done well this week after Bitwise filed for a spot APT ETF, which would lead to more inflows. It rose to a high of $6.25, higher than this week’s low of $5.17. Still, technicals suggest that these gains may be significantly limited if they drop below the year-to-date low of $5.17. It has already formed a death cross as the 200-day and 50-day moving averages crossed each other. Also, it has formed a bearish flag pattern, which comprises a long vertical line and a rectangle formation.
Therefore, there is a risk that the Aptos price will keep falling as sellers target the next key support at $4. This Aptos price forecast will be confirmed if it drops below $5.17. On the other hand, a move above $7 will lead to more gains, as it will prove more upside by invalidating the bearish flag formation.
Bitcoin Cash price prediction
The Bitcoin Cash price has jumped in the past few days as hopes rose that the Securities and Exchange Commission would approve a spot BCH ETF. Odds of that approval are high since BCH is a Bitcoin hard fork and is not considered a security. As such, there would be no reason for the agency not to accept such a fund. The BCH price rallied after forming a double-bottom chart pattern at $270. This pattern comprises two peaks and a neckline, which the coin has already moved above. It also happened after moving to $285, where it failed to move below three times in 2024.
The Bitcoin Cash price has exceeded the 50-day moving average, a sign that bulls are in control for now. Therefore, the token will likely keep rising as bulls target the next key resistance level at $640, the highest swing on December 6, about 61% above the current level.
Cronos price prediction
Cronos (CRO) price has been under pressure in the past few months, falling from $0.2351 in November to a low of $0.0700. Its lowest level this week was notable since it was also the lowest swing in 2024. The CRO coin plunged and moved below the 50-day moving average, while the MACD indicator has formed a bullish divergence pattern. This divergence happens when an asset price is falling when the MACD or any other oscillator is rising. Therefore, the Cronos price will likely return and retest the psychological point at $0.10. A drop below the support at $0.07 will invalidate the bullish view.
Looking ahead, most crypto prices will react to Trump’s crypto summit on Friday, which will include several well-known participants. Notable members will be from companies like Tether, Ripple, and Coinbase. The other key catalyst for these prices will be the upcoming nonfarm payrolls (NFP) data, which will help the Fed determine what the Federal Reserve will do next.
Final Thoughts
The article presents a comprehensive overview of the current state and price predictions for several cryptocurrencies: Aptos (APT), Bitcoin Cash (BCH), and Cronos (CRO). It also addresses broader market factors, such as tariff news from the U.S. and the anticipation of a significant crypto summit. The article provides a balanced view of the market, discussing positive and negative factors affecting crypto prices. It identifies key technical levels and catalysts for potential price movements.
The anticipation around Trump’s crypto summit and the upcoming economic data suggests that crypto markets could see volatility, and traders must stay alert to key events and price actions. Overall, the piece is informative and offers actionable insights for those tracking these specific cryptocurrencies.
