Saturday, April 10, 2021
  • Bitcoin Chart
  • Ethereum Chart
  • Tether Chart
  • XRP Chart
  • Bitcoin Cash Chart
  • Binance Coin Chart
  • Litecoin Chart
No Result
View All Result
Coin Market | Daily bitcoin crypto coin News
  • Home
  • coins news
    • All
    • Binance Coin
    • Bitcoin
    • Bitcoin Cash
    • Bitcoin SV
    • EOS
    • Ethereum
    • Litecoin
    • Tether
    • Tezos
    • XRP
    Cardano, IOTA, Enjin Coin Price Analysis: 10 April

    Cardano, IOTA, Enjin Coin Price Analysis: 10 April

    What is a Bitcoin wallet? | TechBullion

    What is a Bitcoin wallet? | TechBullion

    Ethereum, Dogecoin, Waves Price Analysis: 10 April

    Ethereum, Dogecoin, Waves Price Analysis: 10 April

    Can Ethereum Overtake Bitcoin As A Better Store Of Value? – Greek City Times

    Can Ethereum Overtake Bitcoin As A Better Store Of Value? – Greek City Times

    Visa and PayPal Give the Green Light to Cryptos. Should You?

    Visa and PayPal Give the Green Light to Cryptos. Should You?

    EOS On Bullish Momentum: 5.04% Up In The Last 6 Hours

    Bitcoin SV Cryptocurrency Over 10% Up In The Last 24 Hours

    Cryptocurrency Buy Signals For Cardano (ADA), Litecoin (LTC) And Polkadot (DOT)

    Cryptocurrency Buy Signals For Cardano (ADA), Litecoin (LTC) And Polkadot (DOT)

    Exclusive: Mark Cuban On Ethereum And The Path Of DeFi | Benzinga

    Exclusive: Mark Cuban On Ethereum And The Path Of DeFi | Benzinga

    Bitcoin in SegWit Cold Storage Market 2021-2028 Remarkable Growth with Binance,

    Bitcoin in SegWit Cold Storage Market 2021-2028 Remarkable Growth with Binance,

    • Bitcoin
    • Bitcoin Cash
    • Binance Coin
    • Bitcoin SV
    • Ethereum
    • EOS
    • XRP
    • Tether
    • Litecoin
    • Tezos
  • Market
  • Latest news
  • Politics
  • Crypto Law
  • Technology
  • Mining
  • Trading
  • Guide
  • Home
  • coins news
    • All
    • Binance Coin
    • Bitcoin
    • Bitcoin Cash
    • Bitcoin SV
    • EOS
    • Ethereum
    • Litecoin
    • Tether
    • Tezos
    • XRP
    Cardano, IOTA, Enjin Coin Price Analysis: 10 April

    Cardano, IOTA, Enjin Coin Price Analysis: 10 April

    What is a Bitcoin wallet? | TechBullion

    What is a Bitcoin wallet? | TechBullion

    Ethereum, Dogecoin, Waves Price Analysis: 10 April

    Ethereum, Dogecoin, Waves Price Analysis: 10 April

    Can Ethereum Overtake Bitcoin As A Better Store Of Value? – Greek City Times

    Can Ethereum Overtake Bitcoin As A Better Store Of Value? – Greek City Times

    Visa and PayPal Give the Green Light to Cryptos. Should You?

    Visa and PayPal Give the Green Light to Cryptos. Should You?

    EOS On Bullish Momentum: 5.04% Up In The Last 6 Hours

    Bitcoin SV Cryptocurrency Over 10% Up In The Last 24 Hours

    Cryptocurrency Buy Signals For Cardano (ADA), Litecoin (LTC) And Polkadot (DOT)

    Cryptocurrency Buy Signals For Cardano (ADA), Litecoin (LTC) And Polkadot (DOT)

    Exclusive: Mark Cuban On Ethereum And The Path Of DeFi | Benzinga

    Exclusive: Mark Cuban On Ethereum And The Path Of DeFi | Benzinga

    Bitcoin in SegWit Cold Storage Market 2021-2028 Remarkable Growth with Binance,

    Bitcoin in SegWit Cold Storage Market 2021-2028 Remarkable Growth with Binance,

    • Bitcoin
    • Bitcoin Cash
    • Binance Coin
    • Bitcoin SV
    • Ethereum
    • EOS
    • XRP
    • Tether
    • Litecoin
    • Tezos
  • Market
  • Latest news
  • Politics
  • Crypto Law
  • Technology
  • Mining
  • Trading
  • Guide
Coin Market | Daily bitcoin crypto coin News
No Result
View All Result
Home Market

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market turns bullish

April 1, 2021
in Market
0 0
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market turns bullish
Share on FacebookShare on Twitter


  • Bitcoin price is less than 5% away from reaching its all-time high at $61,788.
  • Ethereum bulls show no signs of slowing down even after a 25% run-up in the last week.
  • Ripple consolidates near the upper boundary of an ascending parallel channel.

Christine Lagarde, European Central Bank’s president, confirmed that the ECB governing council will reveal in mid-2021 its decision on whether to go forward or not with a digital euro, a Central Bank Digital Currency (CBDC).

Additionally, Lagarde mentioned that the ECB would soon submit the analysis of 8,000 responses from the consultation process regarding CBDC to the European Parliament. 

After that, mid-2021, the governing council, on the basis of that consultation and the preliminary work that we are doing, will decide whether we go ahead with experimenting (with Digital Euro).

Lagarde also mentioned that this technical endeavor might take four years.

Bitcoin at make-or-break point

Bitcoin price has surged nearly 16% since it bounced off the 50 Simple Moving Average (SMA) on the daily chart. Now, BTC needs to climb less than 5% to reclaim the all-time high at $61,788 and even set up a new one.

Such a move is likely to trigger FOMO among sidelined investors, adding to the buying pressure and pushing BTC higher.

Adding credence to a positive outlook is the SuperTrend indicator’s buy signal, flashed after the Bitcoin price sliced through $59,200. If buyers continue to pile up, the pioneer cryptocurrency could indeed enter a price discovery phase.

In such a case, a 14% uptick in BTC price toward the 127.2% Fibonacci extension level at $70,780 seems likely. Subsequent areas of interest include $75,450 and $82,200.

BTC/USD 1-day chart

BTC/USD 1-day chart

Regardless of the bullish narrative, if investors decide to book profit near the all-time high, an 8% retracement to $56,700 seems plausible.

The persistence of bearish momentum here could extend the drop to $54,713 or the 78.6% Fibonacci retracement level.

Ethereum investors go on a buying spree

Etheruem price showed a massive burst of buying power around the 38.2% Fibonacci retracement level at $1,578, which resulted in a 25% bounce. This quick run-up has toppled the immediate supply barrier at $1,881, coinciding with the 78.6% Fibonacci retracement level.

Additionally, the SuperTrend indicator has triggered a buy signal after 161 days, which portrays this uptick’s importance for the ETH price.

Therefore, a continuation of this bullish momentum could quickly propel the smart- contracts platform token toward $2,500. Interestingly, this level coincides with the 161.8% Fibonacci extension level.

To do so, Ethereum bulls need to slice through crucial supply barriers that stand at $2,040 and $2,245.

ETH/USD 1-day chart

ETH/USD 1-day chart

Investors need to pay attention to Momentum Reversal Indicator’s breakout line at $1,940. A failure to produce a candlestick close above this level could signal buyers’ exhaustion. Here, if investors begin to reallocate their holdings or start booking profits, a downtrend seems likely.

In that case, Ethereum price could first slide 5% to retest the $1,881 demand barrier. If this level is overwhelmed by the sellers, ETH could crash 10% to the 61.8% Fibonacci retracement level at $1,755.

Ripple evaluates pullback as it approaches local top

Ripple price faces exhaustion of the bullish momentum as it approaches the upper trend line of an ascending parallel channel. This development in the XRP price is noteworthy, especially since it has sliced through the 61.8% Fibonacci retracement level at $0.55.

Hence, it is of utmost importance that Ripple buyers manage to keep XRP above this barrier.

However, a breakdown of this level could trigger an 11% crash toward the 50% Fibonacci retracement level at $0.49, a stable demand barrier. If the sellers continue to run amok at this price zone, Ripple could be in for a steep correction.

A breakdown of the lower trend line at $0.49…



Read More:Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market turns bullish

Tags: BitcoinBullishcryptoCryptoCurrenciesEthereumMarketPredictionPriceRippleTechnical AnalysisTopTurns

Related Posts

Ethereum Sets All-Time High of $2,197 as Crypto Market Surges – Decrypt
Market

Ethereum Sets All-Time High of $2,197 as Crypto Market Surges – Decrypt

April 10, 2021
Opinion: Hey Banks… Welcome To The Crypto Market! | Benzinga
Market

Opinion: Hey Banks… Welcome To The Crypto Market! | Benzinga

April 9, 2021
GameStop and Bitcoin Renewed a Push to Digitize the Stock Market
Market

GameStop and Bitcoin Renewed a Push to Digitize the Stock Market

April 8, 2021
Crypto Alert: Cryptocurrency Market Cap Tanks 5% Losing Over $100 Billion With
Market

Crypto Alert: Cryptocurrency Market Cap Tanks 5% Losing Over $100 Billion With

April 7, 2021
Asia Broadband Surpases $1 Million in Gold-Backed Cryptocurrency Sales in First
Market

Asia Broadband Surpases $1 Million in Gold-Backed Cryptocurrency Sales in First

April 6, 2021
Bitcoin Fails to Break $60K; Short-Term Support Near $56K
Market

Bitcoin Fails to Break $60K; Short-Term Support Near $56K

April 5, 2021
Bitcoin investors should be more aware of its history of bubbles and price
Market

Bitcoin investors should be more aware of its history of bubbles and price

April 4, 2021
Top 10 Cryptocurrencies To Invest In 2021
Market

Top 10 Cryptocurrencies To Invest In 2021

April 3, 2021
Bitcoin Market Changed ‘Radically’ & Volatility Decline Attracts Institutions
Market

Bitcoin Market Changed ‘Radically’ & Volatility Decline Attracts Institutions

April 2, 2021
Goldman to offer bitcoin and other crypto to wealthy investors
Market

Goldman to offer bitcoin and other crypto to wealthy investors

March 31, 2021
Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments
ADVERTISEMENT

Today Trends

Cardano, IOTA, Enjin Coin Price Analysis: 10 April

Cardano, IOTA, Enjin Coin Price Analysis: 10 April

April 10, 2021
What is a Bitcoin wallet? | TechBullion

What is a Bitcoin wallet? | TechBullion

April 10, 2021
Ethereum, Dogecoin, Waves Price Analysis: 10 April

Ethereum, Dogecoin, Waves Price Analysis: 10 April

April 10, 2021
Can Ethereum Overtake Bitcoin As A Better Store Of Value? – Greek City Times

Can Ethereum Overtake Bitcoin As A Better Store Of Value? – Greek City Times

April 10, 2021
Visa and PayPal Give the Green Light to Cryptos. Should You?

Visa and PayPal Give the Green Light to Cryptos. Should You?

April 10, 2021
EOS On Bullish Momentum: 5.04% Up In The Last 6 Hours

Bitcoin SV Cryptocurrency Over 10% Up In The Last 24 Hours

April 10, 2021

Bitcoin News

What is a Bitcoin wallet? | TechBullion

What is a Bitcoin wallet? | TechBullion

April 10, 2021
How Will Blockchain Technology Change the World? | The Motley Fool

What Other Cryptocurrencies Should Investors Know Besides Bitcoin? | The Motley

April 9, 2021
Riot Blockchain Acquires Bitcoin Mining Facility in Texas – CoinDesk

Riot Blockchain Acquires Bitcoin Mining Facility in Texas – CoinDesk

April 8, 2021
Bitcoin Optech Newsletter #143: LN Node Software

Bitcoin Optech Newsletter #143: LN Node Software

April 7, 2021
Bitcoin Could Churn Out 130 Million Tons Of Carbon, Undermining Climate Action.

Bitcoin Could Churn Out 130 Million Tons Of Carbon, Undermining Climate Action.

April 6, 2021

Market News

Ethereum Sets All-Time High of $2,197 as Crypto Market Surges – Decrypt

Ethereum Sets All-Time High of $2,197 as Crypto Market Surges – Decrypt

April 10, 2021
Opinion: Hey Banks… Welcome To The Crypto Market! | Benzinga

Opinion: Hey Banks… Welcome To The Crypto Market! | Benzinga

April 9, 2021
GameStop and Bitcoin Renewed a Push to Digitize the Stock Market

GameStop and Bitcoin Renewed a Push to Digitize the Stock Market

April 8, 2021
Crypto Alert: Cryptocurrency Market Cap Tanks 5% Losing Over $100 Billion With

Crypto Alert: Cryptocurrency Market Cap Tanks 5% Losing Over $100 Billion With

April 7, 2021
Asia Broadband Surpases $1 Million in Gold-Backed Cryptocurrency Sales in First

Asia Broadband Surpases $1 Million in Gold-Backed Cryptocurrency Sales in First

April 6, 2021

Politics

Mr. Bitcoin Goes to Washington – Decrypt

Mr. Bitcoin Goes to Washington – Decrypt

April 10, 2021
Current Bitcoin Rally Won’t Get ‘Stuck’ Like In 2019 – ValueWalk

Current Bitcoin Rally Won’t Get ‘Stuck’ Like In 2019 – ValueWalk

April 9, 2021
Peter Thiel Calls Bitcoin ‘a Chinese Financial Weapon’ at Virtual Roundtable

Peter Thiel Calls Bitcoin ‘a Chinese Financial Weapon’ at Virtual Roundtable

April 8, 2021
Singapore’s Central Bank Warns Crypto ‘Certainly Not Suitable for Retail

Singapore’s Central Bank Warns Crypto ‘Certainly Not Suitable for Retail

April 7, 2021
Cryptocurrency market in Singapore small compared with stocks and bonds:

Cryptocurrency market in Singapore small compared with stocks and bonds:

April 6, 2021
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • CCPA
  • DMCA

© 2020 MarketOfCoin.com

No Result
View All Result
  • Home
  • coins news
    • Bitcoin
    • Bitcoin Cash
    • Binance Coin
    • Bitcoin SV
    • Ethereum
    • EOS
    • XRP
    • Tether
    • Litecoin
    • Tezos
  • Market
  • Latest news
  • Politics
  • Crypto Law
  • Technology
  • Mining
  • Trading
  • Guide

© 2020 MarketOfCoin.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$57,374.00-2.57%
  • ethereumEthereum(ETH)$2,088.59-2.07%
  • tetherTether(USDT)$0.999-0.21%
  • rippleXRP(XRP)$1.0525.21%
  • bitcoin-cashBitcoin Cash(BCH)$649.571.38%
  • binance-coinBinance Coin(BNB)$400.298.80%
  • chainlinkChainlink(LINK)$33.997.00%
  • republic-protocolREN(REN)$1.062.88%
  • you-coinYOU Chain(YOU)$0.015-3.88%
  • namecoinNamecoin(NMC)$1.53-3.18%
  • rupiah-tokenRupiah Token(IDRT)$0.000068-0.08%
  • okcashOKCash(OK)$0.0521.17%

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously

wpDiscuz