Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap March 27


Bitcoin Price Prediction: BTC/USD crosses $6,800 as path to $7,000 gets clear

BTC/USD bulls retained control of the market for the second straight day as the price crossed the $6,800-level. So far this Friday, the price went up from $6,759.11 to $6,822. This followed a bullish Thursday wherein the price rose from $6,693 to $6,757.45.

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Ripple Price Analysis: XRP/USD settles above SMA 20 as price looks to break past $0.18 barrier

XRP/USD remained in control this Friday as the price went up from $0.1766 to $0.1775. This followed a heavily bullish Thursday where the price spiked from $0.162 to $0.176, going above the SMA 20 curve in the process. To go past the $0.18 psychological level, XRP/USD will need to break above the upward channel formation.

 

Ethereum Price Prediction: ETH/USD $142 is no man’s land

Ethereum price hovers under $140 after $142 resistance level became impenetrable for the second time in the same week. Jabs thrown by the bulls on Thursday gained momentum but failed to sustain gains above $140. An attempt to break free from the selling pressure at $140 failed incredibly resulting in losses that touched $138.45 on Friday during the Asian session.

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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.

Read the weekly forecast

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