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Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Ripple – European Wrap 28 March

Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Ripple – European Wrap 28 March
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How sustainable is the recent crypto spring

Bitcoin price has revealed a massive surge in buying pressure, leading to a significant breakout. This development has allowed plenty of altcoins to trigger an exponential uptrend. While Ethereum faces a hurdle, Ripple seems to be heading higher.

BTC/USD 1-day chart

Shiba Inu accumulation at this level could yield maximum returns

Shiba Inu price is arriving at a critical junction on its journey north. Flipping this hurdle into a support floor will be key to triggering further upside for SHIB.

SHIB/USDT 1-day chart

XRP Price Prediction: Ripple targets $1

Ripple (XRP) price sees a bullish continuation helped by another round of tailwinds that are supporting the positive spin coming from the equity space. With cryptocurrencies on the front foot, the long-awaited uptrend for 2022 finally seems to have kickstarted after a few geopolitical constraints. Expect to see a further bullish rally with $1 as a price target in the near term. 

XRP/USD daily chart

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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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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery

XRP falls toward key support as macro uncertainty, weak momentum cap recovery

Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver

Bitcoin pulls back as another golden cross fails to deliver

Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.