BTC, ETH and XRP Price Prediction for April 9
04/08/2024 21:01Can traders expect new peaks of Bitcoin (BTC), Ethereum (ETH) and XRP soon?
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Most of the coins have come back to the red zone, according to CoinStats.
BTC/USD
The rate of Bitcoin (BTC) has fallen by 2.27% over the last day.
On the daily chart, the price of BTC keeps accumulating energy, trading in a wide range, between the support of $59,112 and the resistance of $73,755. At the moment, the rate is closer to the upper level. If the bar closes above yesterday's high, there is a chance to see a test of the $74,000 area.
Bitcoin is trading at $70,921 at press time.
ETH/USD
The rate of Ethereum (ETH) is almost unchanged since yesterday.
From the technical point of view, the rate of the leading altcoin is trading near the vital level of $3,661. If it breaks out, the accumulated energy might be enough for a further upward move to the $3,800 area.
Such a scenario is relevant untli the end of the week.
Ethereum is trading at $3,632 at press time.
XRP/USD
Unlike other coins, the price of XRP has increased by 2.63%.
On the daily chart, the rate of XRP has broken the $0.6182 level. If buyers can hold the gained initiative and the bar closes above that mark, the upward move is likely to continue to the $0.66 area soon.
XRP is trading at $0.6339 at press time.