Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 3 April
|Bitcoin Price Analysis: BTC/USD came close to $7,000 but the time bulls may have to wait a bit longer
BTC/USD resumed the upside trend after a short-lived retreat to $6,730 during early Asian hours. At the time of writing, BTC is changing hands at $6,930 and the upside momentum is gaining traction. A sustainable move above $7,000 will bring $7,300 back into focus and improve the technical picture. Bitcoin has gained nearly 2% since the beginning of the day and over 3% on a day-to-day basis.
Ethereum Price Analysis: ETH/USD needs to retest $140.00 before another attempt at $150.00
ETH/USD is changing hands at $144.50. The second-largest digital asset has gained nearly 4% in the recent 24 hours amid Bitcoin-led recovery on the cryptocurrency market. Ethereum's market value has increased to $15.6 billion, while an average daily trading volume reached $15 billion.
Ripple Weekly Forecast: Why XRP/USD bottom eyes $0.05 mid-2020?
Ripple has remained relatively bullish from Monday this week following a breakdown over the weekend. XRP/USD refreshed the levels around $0.16 before focusing on recalling the ground towards $0.20. Several milestones have been achieved this week including a spike above $0.18. A weekly high has been formed at $0.1878 but Ripple price has adjusted lower to the market value of $0.1804.
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