Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple– European Wrap – 26 March

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC mining difficulty is set to decrease by 15.95% - bulls should adopt the ready position

Bitcoin has barely moved in recent 24 hours. The first digital asset is changing hands at $6,600 with no clear short-term direction. BTC/USD hit the intraday high at $6,795, but the upside momentum faded away quickly. According to the data provided by Intotheblock, there is a cluster of BTC addresses that has a break-even point in the range from $6,600 to $6,800, which makes this area particularly tough for the bulls.

Ripple Price Analysis: XRP/USD hibernates in a tightening range as Ripple donates $200 000 to fight coronavirus

Ripple's XRP is hovering marginally above $0.1600, mostly unchanged since the beginning of the day. The coin has been locked in a tight range recently as the market ground to a halt after sharp movements. Ripple's market value is registered at $7 billion, while its average daily trading volume exceeded $2 billion.

Ethereum Price Analysis: ETH/USD may continue drifting lower towards $130.00

Ethereum, the second-largest digital asset with the current market value of $15 billion, hit the intraday high at $138.95 before retreating to $134.82. The coin is locked in a tight range with a mild bearish bias, moving in sync with the market. Since the beginning of the day, ETH has lost over 1%.

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FXStreet Team

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Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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