Will the Bulls Regain Dominance?
this Encryption market Overnight showed a strong drop in price. after, Top encrypted token It has fallen below its important support level. In addition, Bitcoin, Ethereum, and ripple token also recorded similar price actions, thereby increasing the loser emotions.
Considering the current market trend, top investors and institutions are closely monitoring the price action of these cryptocurrencies. Plan to invest in these tokens, but worry about their short -term predictions? Read now to find out the possibility!
Bitcoin (BTC)
The price of Bitcoin lost 2.77 % within 24 hours, and the transaction volume was US $ 37.231 billion. In addition, it has dropped 5.38 % in the past seven days. However, the market value of BTC is US $ 1.962 trillion, and the price of BTC is 57.68 %.
this Movement average convergence differences (MACD) shows a rising red histogram, which shows the negative scorer. However, EMA supports Bitcoin price chart in 50 days. This shows that the price of the largest cryptocurrency is mixed with the price.
If the Bulls keep the price of Bitcoin at $ 100,000, it will be prepared to go towards the upcoming up to $ 108,000. On the contrary, the price action of the drop may lead to a low price of less than $ 92,000.
Are you considering investing in BTC cryptocurrencies, but are confused about “Bitcoin High?” And other questions. Read our latest information Bitcoin price forecastWoolen cloth
Ethereum (ETH)
ETH Coin’s price has fallen by 4.49 % within 24 hours, and has decreased by 6.52 % in the past 7 days to maintain its drop -to -price action. In addition, in the past month, the largest Altcoin has fallen 10.35 %, and the YTD return rate is -7.08 %.
this Relative strength index (RSI) recorded a sharp decline in the oversold range within the daily range. also, SMA representsR witnessed similar price actions in the price chart of Ethereum. This shows that the negative impact of the market has increased.
Assuming that the bull restores the momentum, in this case, ETH price may re -test its high price of $ 3,300. On the other hand, if a bear has a dominant position, this may increase the price to its important support level of $ 3,000.
Want to know if ETH price will get new high prices in this year’s Altcoin season? read Ethereum price forecast Learn about possible long -term mystery!
Robe (XRP)
The price of ripples fell by 1051 % within 24 hours, which has been reduced by about 2 % in the past week. However, in the past 30 days, Altcoin has risen 17.79 %, YTD returns+36.79 %. This highlights the strong bullish prospects in the long -term prospects.
EMA 50/200 days show a continuous rise within the daily range. On the other hand, the MACD indicator has witnessed the continuous decline in the red histogram, emphasizing the rise of the largest cryptocurrency in the market.
If the bull restores the power, the price of the XRP token may re -test its upper limit of $ 3.50. Instead, strengthening the decline can push the price to a low price of $ 2.50 this week.
Planning to stack more XRP tokens, but worry about its long -term prospects? read XRP price forecast Discover the possibility!
Never miss the beat in the encryption world!
In Breaking News, expert analysis and real -time updates of the latest trends such as Bitcoin, Altcoins, Defi, NFTS, etc. maintain a leading position.
Frequently Asked Questions Answers
If the bullish mood can be maintained, the price of BTC may be as high as $ 170,000 by the end of 2025.
Considering the current market emotions, the top cottage can soon achieve the price of this target.
If the bullish emotion is maintained, then in 2030, the price of XRP coins can reach $ 15.
