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

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

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.

Bitcoin

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.

XRP/USD

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%. 

ETH/USD

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple recovery lacks momentum as bulls defend $1.00 support

Ripple recovery lacks momentum as bulls defend $1.00 support

Ripple maintains a bearish outlook while trading above its immediate $1.00 support on Thursday. The remittance token has sustained a steady decline from the July high of $1.18, underpinning reduced demand and the lack of catalysts to sustain recovery.

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

The cryptocurrency market continues to trade sideways on Thursday, with Bitcoin struggling to reclaim the $64,000 level. Ethereum is attempting to build momentum near the key $1,900 resistance, while Ripple maintains support above $1.00, yet upward movement remains limited.

Bitcoin Price Forecast: BTC rebounds slightly as consolidation range keeps direction unclear

Bitcoin Price Forecast: BTC rebounds slightly as consolidation range keeps direction unclear

Bitcoin rebounds mildly, trading above $63,800 at the time of writing on Thursday after four consecutive days of losses. BTC has been trading sideways since mid-July, while cautious institutional flows and neutral momentum indicators suggest traders remain hesitant, pointing to a lack of clear directional bias.


Hyperliquid eyes 50-day EMA breakout as bullish momentum builds

Hyperliquid eyes 50-day EMA breakout as bullish momentum builds

Hyperliquid is trading in the green on Thursday, extending gains toward the 50-day Exponential Moving Average (EMA) at $58.36. Institutional demand remains firm as Hyperliquid treasury Hyperion DeFi saw a $31 million fair value increase in the last quarter.

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.