ethereum price prediction

  • Bitcoin price prepares for its ascent to $42,100 after bouncing off a stable support level.
  • Ethereum price needs to overcome the $3,000 barrier to have any chance at revisiting $3,500 or $4,000.
  • Ripple price begins its journey to $0.70 after a recovery above the $0.60 support level.

Bitcoin price has kick-started its attempt to move higher, picking up Ethereum and Ripple along with it. Investors can expect BTC to revisit Monday’s high and reevaluate directional bias from there.

Bitcoin price begins its journey higher

Bitcoin price bounces off the lower trend line of the ascending parallel channel, which is formed after drawing trendlines above and below three sets of higher highs and higher lows. Investors can expect BTC to slice through the 100-day Simple Moving Average (SMA) at $41,009, which is the first major hurdle.

Doing so, will allow it to retest the 50-day SMA at $41,921, which coincides with the daily supply zone, extending from $43,981 to $41,921. This area of c

Now you can view Bitcoin and Ethereum (ETH) prices on Twitter

Is There Any Chance Of A Positive Ethereum Price Prediction? Cryptocurrency Ripple (XRP) Price Has Plunged!

Jason Sen Jason Sen 01.04.2022 12:27
Bitcoin bulls held prices above the 500 day moving average at 43600 for a buy signal targeting 46600/800 & the 200 day moving average at 48100/300. A high for the day exactly here & shorts here worked perfectly on the collapse from 48226 to 45800/600 & support at 44200/44000 for an easy 4000 pips. Ripple collapsed from just below very strong resistance at 9140/9160 & broke first support at 8450/00 yesterday to hit the next target of 8050/8000 before a low just 100 pips above support at 7700/7650. Ethereum made a high for the week exactly at key resistance 3450/3500. Shorts worked perfectly on the collapsed as far as support at 3210/3190. Longs need stops below 3150. Update daily by 06:00 GMT Today’s Analysis Bitcoin tests the best support for today at 44200/44000. Longs need stops below 43500. A break lower is a sell signal targeting 42000/41500. This is the last line of defence for bulls – a break below 41000 is a medium term sell signal, initially targeting 40000 & the March low at 37500/37000. Strong resistance at the 200 day moving average at 48100/300 over the weekend. Obviously bulls need a break above 48700 for a buy signal. Ripple holding above 8100 today allows a recovery to first resistance at 8400/8500. If we break higher look for 8730/50, perhaps as far as 8850. Further gains retest very strong resistance at 8950/90. Holding below 8050 tests support at 7700/7650. Longs need stops below 7600. A break lower is a sell signal targeting 7400/7350 then 7000/6950. Ethereum tests support at 3210/3190. Longs need stops below 3150. A break lower targets 312010 then very strong support at 3050/10. :ns 2950. A break below 2850 is a medium term sell signal. Key resistance at 3450/3500. Shorts need stops above 3550. A break higher is another buy signal targeting 3620/30 & 3710/40. Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk
The Commodities Feed: Iranian Oil Flows Rise Amid Market Headwinds, Natural Gas Volatility Ahead

Top 3 Price Prediction (BTC) Bitcoin, (ETH) Ethereum, (XRP) Ripple: Official start to recovery rally

FXStreet News FXStreet News 04.05.2022 16:23
Bitcoin price prepares for its ascent to $42,100 after bouncing off a stable support level. Ethereum price needs to overcome the $3,000 barrier to have any chance at revisiting $3,500 or $4,000. Ripple price begins its journey to $0.70 after a recovery above the $0.60 support level. Bitcoin price has kick-started its attempt to move higher, picking up Ethereum and Ripple along with it. Investors can expect BTC to revisit Monday’s high and reevaluate directional bias from there. Bitcoin price begins its journey higher Bitcoin price bounces off the lower trend line of the ascending parallel channel, which is formed after drawing trendlines above and below three sets of higher highs and higher lows. Investors can expect BTC to slice through the 100-day Simple Moving Average (SMA) at $41,009, which is the first major hurdle. Doing so, will allow it to retest the 50-day SMA at $41,921, which coincides with the daily supply zone, extending from $43,981 to $41,921. This area of confluence is where the upside will be capped for the big crypto and would represent a 10% gain. BTC/USDT 3-day chart Regardless of the bullish outlook, a daily candlestick close below the $34,752 support level will invalidate the bullish thesis and trigger a crash to $30,000 or lower. Ethereum price to reverse the trend Ethereum price is in a medium-term ascending channel created by connecting its two higher highs and three higher lows since January 28. The third retest of the lower trend line has shown a bullish reaction – lead cryptocurrency BTC is recovering and influencing the rest of the market. Regardless of the bullishness, ETH needs to flip the 100-day SMA at $2,914 followed by the 50-day SMA at $3,069 to continue rising. This development is key to triggering a move that tags the 200-day SMA at $3,443. While a move to $3,500 is likely, a surge in buying pressure could extend the run-up to the $4,000 psychological level. ETH/USD 1-day chart On the other hand, a daily candlestick close below the weekly support level at $2,541 will indicate a resurgence of selling pressure and invalidate the bullish thesis. This could trigger a further crash to the $2,000 psychological level. https://youtu.be/hDdFa7mu7Jo Ripple price purges sell-side pressure Ripple price purged the downside pressure by collecting the liquidity resting below the $0.60 support after a 30% crash. XRP price has since moved back above the said foothold, indicating that buyers are in control. A resurgence of buying pressure is likely to propel XRP price up to the immediate hurdle at $0.696. Clearing this barrier will present two further resistance levels for Ripple bulls to overcome - the 50% retracement level at $0.735 and the 2022 volume point of control at $0.768. For now, the market structure looks uncertain due to the choppiness of Bitcoin. Therefore, investors can expect a local top to form around $0.768, representing a 25% ascent from the current position at $0.615. XRP/USD 1-day chart A daily candlestick close below the $0.601 support level will produce a lower low and invalidate the bullish thesis. In such a case, XRP price is likely to crash to the $0.548 support level. https://youtu.be/hBoG1pklXYI

currency calculator