Market Update

Bitcoin, ETH and XRP PRICE prediction: upward cards?

The cryptocurrency market continues to record a declining price during the first week of April, indicating a high possibility to register the encryption market for 4 months in a row. The Bitcoin price continues to struggle over its level of $ 82,000, indicating the existence of an increased FOMO position in the market.

Next, the most prominent altcoins such as Ethereum and XRP have witnessed the features of the drop week by losing about 1.5 % in each of them. However, with a high possibility of Bitcoin backup bill, the global CRYPTO market opportunities that suffer from a relatively high positive.

It is worth noting that by evaluating the current market’s feelings, investors and senior traders are concerned about short -term expectations of the largest cryptocurrencies according to the maximum market. In this article, we will explore the potential weekly price predictions of Bitcoin, ETHEREUM and XRP.

The encryption market continues the landing chain!

Over the past 24 hours, the encryption market added 0.12 % to its evaluation of a trading volume of $ 70.96 billion. Moreover, with the global maximum of $ 2.65 trillion, this digital asset market recorded approximately $ 20 billion with a weekly summit of $ 2.78 trillion.

Will the bitcoin price a brand $ 82,000?

Bitcoin price today lasts about $ 82,000 with a trading volume of 22.724 billion dollars, a change of -56.23 %. Moreover, it continues to trade within the style of the triangle in the daily time frame, indicating the high uncertainty in the largest encryption code depending on the maximum market this week.

The different moving average rapprochement (MACD) displays a fixed fixed line in the green graph, indicating poor purchase pressure in the encryption space. On the other hand, the averages record a similar price in the daily time frame.

SMA (SMA) offers a similar procedure for prices by working as a bitcoin price plan. This highlights the mixed price expectations of the BTC Taken price during the next week.

Suppose there is a bullish reflection, as this may lead to a re -test of the important resistance price of about $ 88,000. However, the continuous declining procedure can lead to a low price of BTC towards a decisive level of $ 78,535 next time.

Ethereum price is hovering around its pivotal levels!

Etherum Price continues today to trade below the level of decisive support of $ 1,800. With 24 -hour trading volume of $ 9.438 billion, the largest altcoin 1.17 % reduced its evaluation. Moreover, this encryption code dominance now decreased to 8.121 %, raising concerns about the possibility of the Altcoin season for a long time. With the market value of 215.234 billion dollars, it exchanges hands at $ 1780.16.

Since the market maintains its declining work, short -term technical indicators are witnessing a remarkable decrease in the ETHEREUM price scheme. Moreover, with the market drop to extreme fear, the ETH code may continue to trade under a negative feeling.

If the bulls regain momentum, the price of Ethereum Coin can regain momentum, violate its immediate resistance of $ 1,800, heading towards its higher goal of $ 2000. On the other hand, the increasing references can withdraw the price towards its axial decline at $ 1500 this month.

XRP Price succeeded in re -testing the decisive support area!

The Ripple price has a strong support on the $ 2 sign in the daily time frame, highlighting a main purchase point at this level. Moreover, its value is currently estimated at $ 2.12 with a trading volume of $ 3.08 billion, a change of 55.32 % over the past 24 hours.

MacD and SMA technical indicators recorded a mixed price. While one of the increasing upward feelings is recorded, the other exposes a negative direction of the price. This indicates an increase in price movement in the second largest Altcoin.

XRP price opportunities that re -test its decisive support of $ 1.54 are relatively low, but such a situation cannot be ignored. However, if the bulls exceed the bears, this may lead to this resettlement towards its higher goal of $ 2.50.

Also read: Trader ethereum expects the Bitcoin 2021 step, it can reach $ 25,000

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