Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap March 26


Bitcoin Price Prediction: BTC/USD bulls take back control and will need to overcome resistance at $6,960 to go past the $7,000 level

BTC/USD went up from $6,691.75 to $6,714 as bulls took back control. The buyers will need to overcome resistance at $6,960 to go past the $7,000-level. This level has the Previous Week high. On the downside, there are two healthy support levels at $6,725 and $6,685.

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Ripple Price Analysis: XRP/USD bears remain in control, as price keeps consolidating above the $0.16-level

The bears retained control of the market in the early hours of Thursday as the price fell from $0.1619 to $0.1617. If the bulls want to regain control, they will need to overcome resistance at the $0.1658-level and the SMA 20 curve. The upward trending line needs to hold firm to make sure that the price doesn’t fall any further.

 

Ethereum Price Analysis: ETH/USD hovers above $135, what buyers need to overcome $140 resistance?

All the top three cryptocurrencies: Bitcoin, Ethereum and Ripple are slightly in the red and dealing with a building bearish momentum on Thursday during the Asian session. Ether is down 0.39%, BTC 0.12% and XRP 0.43% on the day.

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Bitcoin Price Analysis: Bearish technical signals point to a test of the 6K area

Bitcoin is looking bearish on Wednesday as the price moved 3% lower after rejecting higher levels. The market bounced off the blue trendline and pushed through the 55 and 200 hourly moving averages.

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Ripple Price Analysis: Bearish technical signals could seen XRP to 0.1600

Ripple has had a good run at testing upside targets recently but it seems there was no breaking 0.1800 for now. Now it seems the trendline in black on the chart has been broken to the downside.

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ETH/USD locked in a range; short-term recovery capped by $134.40

ETH/USD is changing hands at $132.00, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The second-largest digital asset has been moving within a short-term bearish trend amid high volatility. 

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Monero Price Analysis: XMR pushes higher towards the 50.00 level

Monero has caught a bid late in the US session on Wednesday after trading lower for most of the day. The price has just recently moved through the moving averages (55 & 200) which can be considered a bullish sign. If the black resistance line at 48.20 ...

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Bitcoin Weekly Forecast: Coronavirus will either kill Bitcoin or make it stronger

Bitcoin is about to finish the second positive week in a row. The first digital coin has recovered from $5,680 and came close to psychological $7,000 during the week.

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