|

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap April 23

Bitcoin Price Analysis: BTC/USD jumps up after charting morning star pattern this Wednesday

BTC/USD bulls remain in cruise control after the price went up from $7,137 to $7,147.20 this Wednesday. Before this, BTC/USD finished charting a morning star pattern this Tuesday when it bounced up from the upward trending line and flew up from $6,855.70 to $7,137 – going past $7,000.

Ripple Price Analysis: XRP/USD peaks back above $0.19 as bulls retain control

XRP/USD bulls retained control as the price jumped from $0.1883 to $0.1902. In the process, XRP/USD managed to break above the SMA 20. The MACD indicates decreasing bearish momentum, while the Elliott Oscillator had 12 red sessions out of the last 13.

Ethereum Technical Analysis: Why ETH/USD rebound to $200 is unstoppable?

Ethereum price recently displayed a show of strength, resilience, and the ability to shake off the selling pressure by breaking several barriers towards $200. Support established at the 38.2% Fib retracement level, taken between the previous drop from $289 to a swing low of $90.

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Top 3 Price Predictions: Bitcoin and Ethereum aim for breakouts as Ripple holds at $2

Bitcoin, Ethereum, and Ripple record a minor recovery on Monday, starting the week on a positive note. The retail demand for major cryptocurrencies remains strong despite outflows from Bitcoin and Ethereum Exchange Traded Funds (ETFs).

Top Crypto Losers: Monero extends losses below $370 as Aster and Bonk risk record lows

Altcoins, including Monero (XMR), Aster (ASTER), and Bonk (BONK), are at risk of extending their losses as the broader cryptocurrency market stalls amid the dragging peace talks between Ukraine and Russia. 

Bitcoin Weekly Forecast: BTC slips under $90K, no santa rally in sight

Bitcoin traders are counting on a year-end rally, awaiting a return above the $100,000 milestone. Bitcoin-based investment products are struggling with declining inflows and weaker institutional demand, relative to the beginning of the year. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.