Cryptocurrencies Price Prediction: Ripple, Ethereum & Bitcoin — Asian Wrap 07 April
XRP Price Prediction: XRP hangs on a loose thread, deeper correction below $2 impending?
Ripple (XRP) is extending losses below the previous week’s critical level at $2.00, as United States (US) President Donald Trump doubled down on tariffs, stressing that America must solve the trade deficit before making a deal. The international money transfer token is trading at $1.82 during the late Asian session on Monday, after correcting 10.7% in the last 24 hours and bringing the cumulative seven-day decline to 10%.
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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC and XRP head to yearly lows while ETH hits two-year bottom
Ethereum price declined nearly 13% last week after failing to close above the daily level of $1,861. Moreover, on Sunday, it corrected to retest its important psychological level of $1,700, which it has not seen since October 2023. At the time of writing on Monday, it hovers around $1,575.
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Bitcoin could be the winner in the ongoing trade war after showing signs of decoupling from stocks
Bitcoin (BTC) traded above $84,000 on Friday, showing strength despite the stock market experiencing significant declines. The market reaction stems from United States (US) President Donald Trump's clash with the Federal Reserve (Fed) Chairman Jerome Powell over interest rate decisions.
Author
FXStreet Team
FXStreet
