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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap April 6

Bitcoin Price Analysis: BTC/USD range-bound between $6,700 and $7,000

Bitcoin price remained relatively stable throughout the weekend session. There was limited action to the north with the barrier at $7,000 impenetrable. On the downside, buyers were able to sustain the price above $6,700. In other words, Bitcoin is range-bound between $6,700 support and $7,000 resistance.

Ripple Price Analysis: XRP bearish pennant pattern targets $0.16

The cryptocurrency market has kicked off the week with the majority of the digital assets in the green. Ripple price is trading 0.6% higher on the day after opening the session at $0.1795 and advancing upwards to $0.1805. Bitcoin and Ethereum have added 0.71% and 0.48% to their values respectively.

Cryptocurrency market update: Major cryptos remain on track to post weekly gains

Ethereum (ETH/USD) failed to hold above $150 earlier in the week but is still up 15.4% on a weekly basis at $143.50. $150 (Fibonacci 38.2% retracement of mid-March fall) aligns as the first critical resistance followed by $153.50 (Mar. 20 high) and $173 (200-day SMA).

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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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Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.