Price Prediction

Bitcoin Price Prediction: BTC/USD Breaks Consolidation Pattern; $8,000 Next?

Bitcoin (BTC) Price Prediction – April 6The Bitcoin price increased by more than 6.90% today as the cryptocurrency makes its way above $7,245.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $6,000, $5,800, $5,600BTCUSD – Daily ChartBTC/USD has now cleanly broken above the upper boundary of the previous ascending pattern as it takes out the resistance at the $7,000 level. BTC/USD increased by a total of 6.94% today to reach a high of around $7,248 as the buyers start to take control. The crucial thing to look

Litecoin Price Prediction: LTC/USD Receives a Pat on the Back, Shoots by 5.52% Within 24 Hours

LTC Price Prediction – April 6Today, the Litecoin (LTC) gains 5.52% in the last 24 hours to touch $43.10.LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $33, $31, $29LTCUSD – Daily ChartToday, after the coin tested $41 on the daily chart, LTC/USD underwent a much-needed break to the positive side. The coin posted gains of over 5.52% in the last 24 hours, with the coin trading above the 9-day and 21-day moving averages at a price of $42.61 at the time of writing while the signal line of RSI (14)

Ripple Price Prediction: XRP/USD Faces Down after Touching $0.180 Resistance Level

XRP Price Analysis – April 5Ripple price is facing a selling pressure below the $0.182 resistance against the US dollar.XRP/USD MarketKey Levels:Resistance levels: $0.210, $0.220, $0.230Support levels: $0.150, $0.140, $0.130XRPUSD – Daily ChartXRP/USD is slowly declining below key the supports. The Ripple price might revisit the $0.177 support before it could start a fresh increase. After struggling to stay above $0.177, Ripple started a slow and steady decline. The coin traded below the key $0.182 support level to move into a short term bearish zone.However, XRP/USD is currently changing hands

Bitcoin Price Prediction: BTC/USD Extends Sideways Grind Below $7,000 Level

Bitcoin (BTC) Price Prediction – April 5The technical indicator RSI (14) is currently moving in sideways, reflecting that the Bitcoin price is in a consolidation mode.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartBTC/USD added around 2% and closed at $6,890 yesterday, at the moment, the coin is currently erasing the majority of its gains. As of writing, the Bitcoin (BTC) hovers at $6,780 which is down with 1.38% on a daily basis. For now, the price is seriously struggling in

Bitcoin Price Prediction: BTC/USD Struggles to Break $7,000 Resistance but a Downward Correction Is Expected

Bitcoin (BTC) Price Prediction – April 05Presently, BTC/USD pair is trading at $6,849.50 at the time of writing. At the high of $6,849.50, two things will happen. Firstly, the price will break through the $6,900 and $7,000 resistance. Alternatively, the market will fall to a low of $5,900 and subsequently, the fall will deepen.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartAssuming there is a breakout on the upside. When price breaks through the resistance, the first rally is expected between $7,500 and $8,000. When

Bitcoin Cash Price Prediction: BCH/USD Turns Bullish across $240 Level

BCH Price Analysis – April 4The Bitcoin Cash price resumes the uptrend and reclaims the resistance level $240 amid market bullish pressure.BCH/USD MarketKey Levels:Resistance levels: $275, $295, $315Support levels: $190, $170, $150BCHUSD – Daily ChartToday, BCH/USD indicates an upward trend in the ascending channel market, trading above the 9-day and 21-day moving averages. A few days ago, it was revealed that BCH followed a bearish movement but currently the market is planning a volatile move in which Bitcoin Cash may move moderately. Meanwhile, as the daily chart reveals, the BCH

Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $7,000 Resistance Level

Bitcoin (BTC) Price Prediction – April 4The Bitcoin (BTC) is currently consolidating and seems to be preparing for the next move either above $7,000 or towards $6,500.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,700, $7,900, $8,100Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartYesterday, we saw a sharp decline in Bitcoin price below the $7,036 support against the US Dollar. The BTC/USD pair also settled below the $6,800 support level and above the 9-day and 21-day moving averages. Today, the price is consolidating losses above the $6,750 level and currently

Bitcoin Price Prediction: BTC/USD Rebounds but Unable to Sustain Above $7,000 Overhead Resistance

Bitcoin (BTC) Price Prediction – April 04The price tussles between the bulls and bears have continued as BTC/USD pair rebounded from its low at $6,180 on April 1. There was a price spike as BTC reached the high of $7,283.50 but was immediately repelled.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartBitcoin continued its upward move after the rebound to the high of $7,049.10. The upward move was resisted as the bulls cannot sustain price above $7,000 overhead resistance. The price fell to a low

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to

Bitcoin Bull Mike Novogratz Says He Might Ditch BTC if it Fails to Hit $20k This Year

As Bitcoin (BTC) struggles to recoup the 2020 gains it shredded last month amid the Coronavirus pandemic, Mike Novogratz of Galaxy Digital is still bullish on the cryptocurrency, and he believes that BTC still has much more to offer. Novogratz predicts BTC at $20k in 2020 More like a life bet on Bitcoin, Novogratz said in an interview with CNBC’s Closing Bell segment on Thursday that he is ready to retire if the world’s most valuable crypto doesn’t hit the $20,000 mark this year. Speaking optimistically, the CEO of Galaxy

Ripple Price Prediction: XRP/USD Prints a Bearish Pattern despite Touching $0.18 Level

XRP Price Prediction – April 3Ripple price technical picture is healthy but a rising wedge pattern could force a free-fall to $0.16.XRP/USD MarketKey Levels:Resistance levels: $0.21, $0.22, $0.23Support levels: $0.15, $0.14, $0.13XRPUSD – Daily ChartToday, XRP/USD impressively cleared the resistance at $0.18. The surge followed stability and brief consolidation above $0.17 level. However, XRP/USD is trading at $0.177 at the time of writing as the coin is losing 0.84% on the day. Meanwhile, the surge above $0.18 hit a wall at $0.183, giving way to selling pressure which forced the