Why Bitcoin, Ethereum, and XRP Prices are Crashing?
Post Why did Bitcoin, Ethereum and XRP collapse? First appear Coinpedia Fintech News
The cryptocurrency market showed a strong decoction effect overnight. According to reports, cryptocurrency space lost more than 8 % within 24 hours. In addition, the price of Bitcoin fell below $ 95,000, and the Ethereum and the chain token broke its important support trend line.
Therefore, top investors and institutions are the price actions of the top three cryptocurrencies of macro and micro -monitoring. In addition, are you intending to invest in these tokens but are worried about one of the many people who predict every week? Read now to find out the possibility!
Bitcoin (BTC)
Today’s Bitcoin prices have fallen by more than 3 % within 24 hours, and the transaction volume is 106.063 billion US dollars. In addition, in the past seven days, it lost 5.61 % and the monthly return rate was -2 %. This shows that the negative effects have increased.
Movement average convergence difference (MACD) shows the rise of the red histogram within the daily range, and its average records similar actions. In addition, EMA is about to go through negative cross -border for 50 days. This shows that the price of BTC prices is prospecting.
Assuming that the Bulls have restored their motivation, the price of Bitcoin may re -estimate its milestone price of $ 100,000 this week. On the contrary, if the mood of the decline is intensified, this may increase the price of BTC to its low 90,000 US dollars.
Planning the largest cryptocurrency? read Bitcoin price forecast 2025, 20126-2030 Now!
Ethereum (ETH)
The price of Ethereum fell 15.44 % within 24 hours, and the transaction volume was 91.47 billion US dollars, and the change was+250.03 %. In addition, in the past month, it lost 17.11 % in 7 days, while 28.26 % lost 28.26 %. The YTD return rate was -22.12 %, and its market value was US $ 31.3097 billion.
The relative intensity index (RSI) failed to exceed the sexual point, which caused it to fall towards its oversized range within the daily range. In addition, the SMA indicator records the loser curve, which indicates that the pressure on sales in the cryptocurrency market has increased.
Maintaining the price above the important support level of its important $ 2,530 can push the price of Ethereum to its high place 3,200 US dollars. On the contrary, if a bear surpasses the bull, this may push ETH Coin’s price to its low price of $ 2,200.
Want to know the price of ETH on issues such as “this is a good investment in this cottage season”. read Ethereum price forecast 2025!
Robe (XRP)
The price of XRP lost more than 15 % within 24 hours and recorded similar price actions. In addition, in the past 30 days, the chain reaction has fallen by 20.89 % within 7 days, and 3.44 % has fallen 3.44 %.
EMA 50/200 days show a negative view on the daily schedule. In addition, the MACD index records the significant increase in the red histogram, and its average trend line has gone through similar price actions. This shows that Altcoin may continue to lose value in the next time.
If the market is conducive to the bull, the XRP price will be re -tested this week for its $ 3. However, the continuous decoction can increase the price of the Ripple token to its low price of $ 2.
You are one of many people planning to stack more XRP tokens, but are curious about questions such as “Will XRP recover?”. Read the latest information XRP price forecastWoolen cloth
Frequently Asked Questions Answers
Considering the current market sentiment, the price of BTC may be scope $ 85,000 and $ 170,000Essence
Due to the potential Altcoin market this year, ETH Coin has the highest price $ 5,000 In 2025.
If the bullish emotion is maintained, the price of XRP coins may reach the highest $ 4 This year.
