Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 14 April

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC/USD decouples from gold, Peter Schiff rejoices

Bitcoin's correlation with gold has been weakening recently. The precious metal surpassed $1,700 mark for the first time since 2012 amid global flight to safety in times of economic uncertainty inspired by coronavirus outbreak. However, Bitcoin dropped below $7,000 after a series of unsuccessful attempts to settle above $7,500.

Ethereum Price Analysis: ETH/USD struggles to stay above short-term bullish trendline

At the time of writing, Ethereum (ETH) is changing hands at $158.70. The coin has gained 2.3% in the recent 24 hours and 1.5% since the beginning of Tuesday. The second-largest coin with the current market value of $17.5 billion has recovered from Monday's low $149.84, however, the further upside seems to be limited by daily SMA50.

Ripple Price Analysis: XRP/USD bears stand ready, sell-off may continue towards $0.1700

Ripple ha settled below $0.1900, which is a bearish signal for the coin in the short run. At the time of writing, XRP/USD is changing hands at $0.1880, mostly unchanged since the beginning of Tuesday, though it has regained some ground on a day-to-day basis. Ripple is now the third-largest digital asset with the current market value of $8.27 billion and an average daily trading volume of $2 billion.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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