Cryptocurrencies Price Prediction: Bitcoin, Ripple & TRON – European Wrap 23 April

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC/USD recovery has come to a standstill, long-term forecasts still bullish

Bitcoin bulls clawed back some ground and pushed the price above $7,000. While the near-term outlook for the first digital coin is far from rosy, as it stays below critical resistance level, the longer-term forecasts imply that BTC has a good chance to capitalize on the current crisis.

Ripple Price Analysis: 114 mln XRP transferred to exchanges, no reaction from XRP/USD

Ripple's XRP settled above $0,1850. The third-largest digital asset has been range-bound since the beginning of the week despite the recovery of Bitcoin above $7,000. The coin has lost 1.5% both since the beginning of the day and on a day-to-day basis. Ripple's trading volume is registered at $8.2 billion, while an average daily trading volume settled at $1.8 billion.

TRON Price Analysis: TRX has strong fundamentals, may resume growth towards $0.0140

TRX is the 16th largest digital asset with the current market value of $862 million and an average daily trading volume of $1.3 billion. The coin has settled at $0.0128 and gained 2% on a day-to-day basis. TRX/USD hit the intraday high at $0.0131 on April 18 and retreated below $0.0130 amid general short-term bearish trend on the market.

Author

FXStreet Team

FXStreet

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.

Uniswap extends rally amid Arc stablecoin liquidity partnership

Uniswap approaches $3.00 at the time of writing on Tuesday, extending its rebound for the sixth consecutive day. The rebound aligns with the broader risk-on mood in the crypto market, with Bitcoin trading above $67,000.

Crypto Today: Bitcoin extends recovery above $66K as Ethereum and XRP lose momentum

Bitcoin holds above $66,000, seemingly poised to extend its rebound, supported by growing retail demand. Ethereum struggles near the $1,800 short-term supply range despite a strengthening derivatives market.

Bitcoin rebound driven by fading selling pressure as demand remains subdued

Bitcoin extends its recovery, trading above $66,500 on Tuesday, marking four consecutive days of green candlesticks. Report highlights that BTC is staging a tentative relief bounce from deeply oversold conditions, suggesting stabilization rather than a trend reversal.

Zcash, Near Protocol, Hyperliquid regain bullish momentum after Arthur Hayes exit

Zcash, NEAR Protocol, and Hyperliquid edge higher on Tuesday, extending their recovery so far this week. Retail and institutional demand heats up for altcoins, fueling a rebound as prices fully absorb the impact of Arthur Hayes's exit.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.