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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – European Wrap 30 April

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – European Wrap 30 April
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD lost $1,000 before new buyers emerged, $9,000 is a resistance again

BTC/USD dropped from the intraday $9,476 to $8,547. The first digital coin lost nearly $1000 in a matter of hours before recovering to $8,8820 by press time. Despite the sell-off, BTC is still 10% higher from this time on Wednesday. A sustainable move below $9,000 has created a strong bearish momentum; however, the coin is heavily bought on the dips.

BTC/USD

Ripple Price Analysis: XRP/USD drops like a stone, settles below $0.2200

Ripple's XRP dropped from the intraday high $0.2357 to $0.2100. While the price has recovered to $0.2180 by press time, the XRP virtually erased all the gains of the previous day. From the technical point of view, XRP/USD retains the bullish bias as long as it stays above $0.2030-$0.2000. This former resistance area that includes 38.2%  Fibo retracement for the downside move from February 2020 high now serves as strong support.

XRP/USD

Ethereum Price Analysis: ETH/USD starts the correction, $200.00 to keep bears at bay

Ethereum tested $227.36 during early Asian hours and retreated to $217.80 by the time of writing.  The second-largest digital asset has gained over 8% of gains on a day-to-day basis and 2% since the start of the day. Despite the downside correction, ETH/USD is still one o the best-performing assets in the recent seven days out of top-10. Ethereum's market capitalization reached $24 billion, while its average daily trading volume is $28 billion. 


ETH/USD

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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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Hyperliquid Price Forecast: Downside risk looms as momentum stretches thin

Hyperliquid Price Forecast: Downside risk looms as momentum stretches thin

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Cardano Price Forecast: Strengthening momentum points to cautious upside extension

Cardano Price Forecast: Strengthening momentum points to cautious upside extension

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Crypto Overview: Bitcoin faces sell wall at $82,850 – Jupiter, Zcash rally

Crypto Overview: Bitcoin faces sell wall at $82,850 – Jupiter, Zcash rally

Bitcoin price tumbles below $80,000 on Monday amid improved odds of a rate hike with the robust US employment data. Institutional demand holds firm with crypto-focused Exchange Traded Funds recording nearly $1.25 billion in inflows last week. Jupiter and Zcash extend gains over the last 24 hours, leading the broader crypto market rally.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC consolidates near recent highs, ETH and XRP defend key bullish supports

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC consolidates near recent highs, ETH and XRP defend key bullish supports

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) maintain a constructive outlook on Monday after gaining more than 3.4%, 4% and 4.8%, respectively, last week. BTC holds steady near $80,000 while ETH and XRP show resilience and defend key support zones. The price action of these top three cryptocurrencies suggests consolidation or a mild pullback before an upside move.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.