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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BTC breaks its ties with stocks, strives to return its safe-haven status

Most part of the week Bitcoin has been on the recovery path. Slowly but surely the coin left $6,500 behind and even tested waters above $7,000. However, the buyers failed to develop an upside momentum above the critical resistance and the coin returned to $6,900 by press time.

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Why XRP/USD bottom eyes $0.05 mid-2020?

Ripple has remained relatively bullish from Monday this week following a breakdown over the weekend. XRP/USD refreshed the levels around $0.16 before focusing on recalling the ground towards $0.20. 

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ETH/USD needs to retest $140.00 before another attempt at $150.00

ETH/USD is changing hands at $144.50. The second-largest digital asset has gained nearly 4% in the recent 24 hours amid Bitcoin-led recovery on the cryptocurrency market. 

More Ethereum News

IOTA Price Analysis: IOTA scored by Crypto Ratings Council; IOT/USD goes into recovery mode

IOTA, now the 24th largest digital asset with the current market value of $429 million and an average daily trading volume of $12 million. At the time of writing, IOT/USD is changing hands at $0.1528. 

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Bitcoin Weekly Forecast: BTC breaks its ties with stocks, strives to return its safe-haven status

Most part of the week Bitcoin has been on the recovery path. Slowly but surely the coin left $6,500 behind and even tested waters above $7,000.

Read the weekly forecast

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