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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap April 9

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap April 9
FXStreet TeamFXStreet TeamFXStreet

Bitcoin technical analysis: BTC/USD sits below a huge stack of resistance

BTC/USD had a bearish start to this Thursday as the price fell from $7,369 to $7,310. The daily confluence detector shows that there is a lack of healthy support levels to hold the price up. On the other hand, the price is sitting directly below a strong stack of resistance from $7,350-$7,415. 

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Ripple Price Analysis: XRP/USD flirting with the 38.2% Fibonacci amid consolidation

Ripple price has kicked off the session on Thursday with losses amounting to 1.07%. The majority of the digital assets in the market are grappling with increased selling pressure. Bitcoin price is down 0.57% to trade at $7,326 while Ethereum has lost 1.1% of its value to trade at $171.

Ethereum Price Analysis: ETH/USD drops down after encountering resistance at the SMA 200

ETH/USD is currently consolidating in a flag formation as it dropped from $173.31 to $171.75 in the early hours of Thursday. The price encountered resistance at the SMA 200 and fell down. If the bulls were to regain control, they have three obvious goals - take the price up to $173.50 and break above the SMA 200, go above $176.50 to break above the SMA 50.

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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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XRP rebound remains fragile as muted ETF flows and weak technicals cap upside

XRP rebound remains fragile as muted ETF flows and weak technicals cap upside

Ripple (XRP) is regaining momentum, trading above $1.10 at the time of writing on Monday. This modest rebound mirrors the broader recovery observed across the cryptocurrency market.

Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care

Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care

Bitcoin 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.

Pi Network tests key support as bears anticipate further decline

Pi Network tests key support as bears anticipate further decline

Pi Network tests $0.1000 on Friday, edging higher after six consecutive days of weakness. The technical outlook is bearish as intense sell-side momentum warns of a steeper correction despite mild intraday recovery.

Uniswap Price Forecast: Rising stablecoin activity fuels UNI bullish rally chances

Uniswap Price Forecast: Rising stablecoin activity fuels UNI bullish rally chances

Uniswap is up 3% on Friday, extending its rebound from the 50-day EMA at $3.08. Retail demand builds around Uniswap as Open Interest rises 5% in 24 hours, with a positive spike in the funding rate.

Bitcoin: Strategy sells, the market doesn’t care

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.