Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 14 April

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Bitcoin Price Analysis: BTC/USD decouples from gold, Peter Schiff rejoices

Bitcoin's correlation with gold has been weakening recently. The precious metal surpassed $1,700 mark for the first time since 2012 amid global flight to safety in times of economic uncertainty inspired by coronavirus outbreak. However, Bitcoin dropped below $7,000 after a series of unsuccessful attempts to settle above $7,500.

Ethereum Price Analysis: ETH/USD struggles to stay above short-term bullish trendline

At the time of writing, Ethereum (ETH) is changing hands at $158.70. The coin has gained 2.3% in the recent 24 hours and 1.5% since the beginning of Tuesday. The second-largest coin with the current market value of $17.5 billion has recovered from Monday's low $149.84, however, the further upside seems to be limited by daily SMA50.

Ripple Price Analysis: XRP/USD bears stand ready, sell-off may continue towards $0.1700

Ripple ha settled below $0.1900, which is a bearish signal for the coin in the short run. At the time of writing, XRP/USD is changing hands at $0.1880, mostly unchanged since the beginning of Tuesday, though it has regained some ground on a day-to-day basis. Ripple is now the third-largest digital asset with the current market value of $8.27 billion and an average daily trading volume of $2 billion.

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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.