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/USD trends in an upward channel but struggles to cross over SMA 50

BTC/USD encountered resistance at the SMA 50 curve and charted two consecutive bearish days. The price of the asset has fallen from $7,295 to $7,241.35 in the early hours of Friday. Despite bearish action, the price is still trending in an ...

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XRP/USD finds support at SMA 50 as bears take over

XRP/USD bears have remained in control in the early hours of Saturday as the price fell from $0.1985 to $0.1983. The price is consolidating in a triangle formation and has found support ...

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ETH/USD bears take control after encountering resistance at the SMA 200

ETH/USD had a second straight bearish day after encountering resistance at the SMA 200 curve. The asset has dropped from $169.91 to $169.50 so far this Friday. If they maintain their current course ...

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Litecoin Price Analysis: LTC/USD marks 6% loss on failures to cross 50-day EMA

Having failed to take out 50-day EMA, LTC/USD slumps 6.0% to currently around 43.66 amid the early Good Friday. The pair currently drops towards a 21-day EMA level of 42.58 whereas an ascending trend line from March 16, near 41.50, could restrict the pair’s further declines.

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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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