Cryptocurrencies price prediction: Bitcoin, Ripple & Tron - Asian Wrap March 24


Bitcoin Price Prediction: Lack of visible resistance bodes well for bulls as BTC/USD has clear path till $6,850

BTC/USD bulls are in cruise control of the market for the second straight day as the price went up from $6,511.64 to $6,588.75. Earlier this Monday, the price blew past the $6,000 zone as it flew up from $5,831 to $6,511.64. The daily confluence detector shows a lack of strong resistance on the upside.

fxsoriginal

 

Ripple Price Analysis: XRP/USD bulls rally back to negate the losses of Monday

XRP/USD bulls rallied together and picked the price up from $0.1477 to $0.1588. In the process, they managed to negate the losses of Monday wherein the asset fell from $0.1582 to $0.1477. The price is consolidating in a triangle formation and below the SMA 20, SMA 50 and SMA 200 curves.

 

Tron Price Analysis: TRX/USD bullish momentum quickly shifts the focus to $0.0200

Tron price is trading higher by 8% in the last 24 hours. Recovery from the recent price crash to $0.007039 has been steady but gradual. The bullish wave last Friday saw the price hit a weekly high at $0.01276. Consequently, the lower correction that followed embraced support at $0.0100.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

BTC/USD fades and challenges Altcoins to take leadership

After a one-day break in the cryptocurrency market, the transfer of market share between Bitcoin and a large part of the Altcoin segment has resumed. 

More Bitcoin News

Bitcoin Cash rallies ahead of halving, Bitcoin stable above $7,200, ETH and XRP in the green

The cryptocurrency market is being treated to a couple of halving events this week. Bitcoin Cash and its rival sibling Bitcoin SV will both undergo a mining reward halving. 

More Cryptocurrencies News

What to expect from OPEC and G20

Equities and currencies traded higher today after Dr. Fauci, the US’ Director of National Institute of Allergy and Infectious Diseases said there...

More Bitcoin Cash News

Ethereum Price Analysis: A trip to $200.00 is going to be bumpy

ETH/USD retreated towards $170.00 amid the overall correction on the cryptocurrency market. At the time of writing, ETH/USD is changing hands at $168.00, moving to and fro around the critical barrier.

More Ethereum News

BEST CRYPTO BROKERS/EXCHANGES

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

BTC

ETH

XRP