![This week's Bitcoin, Ethereum and XRP price predictions!](https://image.coinpedia.org/wp-content/uploads/2024/03/16154241/Bitcoin-Ethereum-and-XRP-Price-Prediction-For-The-Coming-Week.png)
Despite increased price volatility in the cryptocurrency industry post-Bitcoin-Halving, the top tokens constantly display a neutral sentiment in their respective charts, indicating uncertainty in the market’s future course.
The mid-caps and low-caps altcoins also have the biggest gains, which indicates that investors may be switching their attention to other projects in order to maximize profits.
Will the market leaders Bitcoin, Ethereum and XRP make a return in the next week, given the current sentiments?
BTC price on the verge of testing its major support:
Market leader Bitcoin PriceIn the last week,. has shown a neutral mood after experiencing halving. It lost approximately 2%. It continues to trade within a range of $61,025-$73,754 from the beginning of March. This indicates a low price for BTC.
The correction in the last 30 days was 10.45%. Bitcoin Price Has a return Year-to date of about 50%. This indicates a strong possibility for a bullish action on the price in a long-term perspective.
MACD is a technical indicator that displays a red histogram on the chart. This indicates a bearish trend in the crypto market. The averages also show a downward trend which suggests that the price could continue to lose value.
In the event of a market bullish turn in the charts, BTC could try to reach a new All-Time High (ATH) price of $80,000 within the next month. In the opposite direction, a bearish trend could see Bitcoin testing its all-time low (ATH) of $61,000.
The ETH price forms a bearish pattern:
You can also find out more about the following: Ethereum Price The symmetric triangle continues to be positioned close to the support trendline, which highlights a bearish bias in the crypto market. Moreover, the EMA (50-day) acts as a trendline of resistance, causing the ETH to trade close to the crucial $3,150 support.
The leader in altcoins has been trading with a bullish trend and recorded a high of $4 094 for the year. ETH tokenThe value of has been corrected by 23.76%. Ethereum’s price, however, has an YTD 36.86%. This indicates a positive outlook in the future for this altcoin.
Moving Average Convergence Divergence shows an almost constant flat line in the chart. This indicates a lackluster price movement for altcoins that are leading the market. The averages also show neutrality, which indicates uncertainty about future price movements.
The ETH price may regain its momentum if the bulls manage to break through their resistance area. It will then attempt to reach the upper resistance of $4,000 in the next month. If the bears overwhelm the bulls then the price may fall to its lowest level of $2,630.
Can XRP ever rise in price again?
You can also find out more about the following: Price of XRP The crypto market is currently experiencing a negative price trend. The Cross EMA shows a Death Cross on the 1D Time Frame. This indicates a strong possibility for a future bearish price movement of Ripple Token.
MACD shows a green histogram that is constant, which indicates an increased buying pressure in the crypto market. The averages, however, show a flat line, which indicates a mixed feeling in the crypto space.
The market will push the price up XRP token The bulls are likely to gain momentum if they can get above resistance of $0.5340 and test the upper resistance of $0.60 in the next month. If the bears dominate the market it could plunge to its lowest level of $0.47.
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Elena R.
Elena has a wealth of experience in the cryptocurrency industry, specializing in risk management and technical analysis. She is a journalist with 10+ years of experience.