Bitcoin, Ether, and XRP Price Forecast: Key Levels to Monitor for the Week
Bitcoin, Ethereum, and XRP are making waves in the cryptocurrency market this week, with each coin experiencing significant growth. Bitcoin is on the cusp of reaching the $100,000 mark, Ethereum has hit a new 4-month high, and XRP is reclaiming its 30-month high.
Bitcoin’s price has been hovering between $97,000 and $99,500 in the last 48 hours, with a monthly surge of 44.68%. If bulls continue to dominate, we may see Bitcoin reach $100,000 and even push towards $110,000. However, a bearish pullback could see the price drop to $90,000.
Ethereum has seen a 3% jump in the past day, with a trading volume of $36.84 billion. The altcoin has surged 11.52% in the last seven days and 35.69% in the last 30 days. With a market cap of $412.38 billion, Ethereum is currently valued at $3,431.87. If bulls maintain control, we could see Ethereum reach $4,000, but if bears take over, the price may dip to $3,000.
XRP has experienced a 40.12% surge in the last seven days and approximately 200% growth this month. Despite a recent drop of 4.96%, XRP is currently retesting its 30-month high with a price tag of $1.5. If the price holds above $1.5, we may see XRP reach $2, but a bearish trend could pull it back to $1.
In conclusion, the crypto market is showing bullish signs, with Bitcoin, Ethereum, and XRP all poised for potential growth. Stay tuned for more updates on these exciting developments!