Cryptocurrencies price prediction: Ethereum, IOTA, & Ripple – European Wrap – 17 March

FXStreet Team FXStreet

Ethereum Price Analysis: ETH/USD moves away from $100.00, heads to $120.00

Ethereum (ETH) stopped within a whisker of critical $100.00 and managed to recover to $117.00 by press time. The second-largest cryptocurrency has gained about 5% both on a day-to-day basis and since the beginning of the day as the market is back on recovery track after another painful sell-off on Monday.

IOTA Price Analysis: IOT/USD bulls fire at the 100 SMA resistance

IOTA price is moving side by side with the rest of the digital assets. Unlike Monday which saw volatility return and bleeding continued, Tuesday has witnessed calm and subtle recovery across the board. IOT/USD is trading at $0.1180 after growing in value by more than 6% on the day. While stability is taking center stage, Iota has corrected from an intraday high of $0.1220. The current trend has turned back to being bearish but the volatility remains high.

Ripple Price Analysis: XRP/USD locked in a range after wild price movements

Ripple's XRP attempted a recovery above $0.1500. The third-largest coin hit the intraday high at $0.1528, but the upside proved to be unsustainable as the price swiftly slipped back inside the previous range. At the time of writing, XRP/USD is changing hands at $0.1472, having gained about 5% both on a day-to-day basis and since the beginning of the day.