Bitcoin, ETH, & XRP Price Prediction: A Bullish Week Ahead?
The crypto market will continue to record mixed price sentiment this month. This has led to an increase in price action for the highest cryptocurrency token record this week. In this way, Bitcoin, Ethereum and Ripple Coins have also experienced similar price action, highlighting the price increase.
Given the latest market trends, whale investors and institutions are micro-monitoring the price action of these crypto tokens. Are you one of many people who intend to invest in these tokens but are worried about their short-term forecasts? Read our article now!
Bitcoin (BTC)
Bitcoin lost about 0.5% in 24 hours, with trading volume of $14.257 billion. It is worth noting that it has increased its portfolio by about 1% in 7 days, up 4.02% this year. In addition, the market value is US$1.925 trillion, and its market advantage is 59.83%.
Simple moving averages (SMA) show bullish curves over the daily time range. This indicates that the bullish price action of Bitcoin prices in the market is increasing. However, the RSI metrics record negative outlooks, indicating that the price of the largest crypto tokens this week is mixed with prices.
If the Bulls recover, the price of Bitcoin could be prepared to go public at $100,000 this week. Instead, a bearish reversal could cause it to fall to its key low of $92,000 in the following time.
You are one of many people planning to invest in BTC tokens, but be concerned about questions like “How high will Bitcoin be?” Read the latest information about Coinpedia Bitcoin price forecast today!
Ethereum (ETH)
Despite the increase of more than 1.75% in 7 days, Ethereum’s price has fallen by 22.84% in the past 30 days, with YTD (YTD) having a return of -18.92%. Additionally, it dominates 10.102% and has a market capitalization of $325.637 billion.
EMA 50/200 days recorded the death cross in the Ethereum price chart. On the other hand, the MACD indicator shows a constant increase in the green histogram, whose average recodes positively over the daily time range. This indicates an increase in uncertainty for the biggest Altcoin this week.
If the market favors the Bulls, the price of the ETH token may retest its $3,272 cap level. Instead, persistent bearish action could raise the altcoin’s price to a low price of $2,530 this month.
Want to know if ETH prices will reach new high prices in the Altcoin market this year? Read our latest information Ethereum price forecast today!
Ripple (XRP)
The chain reaction fell to 1.12% within 24 hours, with sales of US$3.381 billion, a change of -42.09%. On the other hand, it jumped 12.84% over the past seven days, with the YTD return +31.63%. The market value is US$158.287 billion, which has ensured 03rd place in the market.
The relative intensity index (RSI) continues to hover above the neutral point in the first time box. Additionally, the SMA indicator shows a bullish curve in the ripple price chart, indicating the positive outlook for the third largest cryptocurrency in the market.
Assuming that in this case a bullish trend reversal would occur, the XRP price might retest its high above $3.50. On the other hand, if the bear maintains its advantage, this could raise the price to its important $2.50.
Curiously understand the possibility of this altcoin achieving a new ATH in 2025? Read the latest information about Coinpedia XRP Price Forecast today!
FAQ
With bullish actions increasing, the price of BTC tokens could reach the highest trading value of $160,000 this year.
If the market favors the Bulls, then the price of Ethereum may achieve a new ATH in this Altcoin season.
If bullish sentiment is maintained, the ripple effect can reach the target price in 2028.
