Ethereum

Bitcoin

<p>The post <a href="https://coinpedia.org/price-analysis/bitcoin-ethereum-and-xrp-price-prediction-for-next-week/">Bitcoin, Ethereum, And XRP Price Prediction For Next Week!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto industry successfully concluded this week on a bullish note by recording five out of seven green days. Further, the top token has displayed a significant uptrend during the week, highlighting a positive increase in the market sentiments.</p> 
<p>With the BTC, ETH, and XRP price successfully achieving their $50,000, $2,700, and $0.550 mark this week, investors are curious about next week’s performance of top tokens. Dive in as we decode the future perspectives of these tokens.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-analysis">Bitcoin (BTC) Price Analysis:</h2> 
<p>The <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin price</a> displayed a neutral trend for a period, following which the market lost momentum. The bulls held the price above the level of $38,848, after which it traded sideways for four days. After multiple attempts, the bulls regained momentum and recorded a jump of 5.18%.</p> 
<p>Following this, the price traded between $42,019 and $43,376 for the next twelve days. As the market volatility grew, Bitcoin started trading under a bullish influence and jumped over 13% before facing rejection at $48,663.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/GCWL_1DiGwRRelBcoDAHczKVxSFdXF5Dim_9_nFUL0tZO4ygTCj5TnkYh_sbwSqfuMMJs6WD5jzXicK-vW-CD4dZu3URIIrVwig6s-pszdvoTpOFpkGObtovcUp_JYS10AqfBkkEcF1li-ViqFN9adk" alt="Bitcoin (BTC) Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: BTC/USDT
 </figcaption>
</figure> 
<p>The BTC price displayed significant volatility for the next few days, during which it added approximately 10%. Since then, the price has been trading in a narrow space between $51,517 and $52,468.</p> 
<p>The MACD displays a constant red histogram, indicating a weak price action for the coin in the market. Further, the averages show a constant decline, suggesting a rise in the bearish influence.</p> 
<p>If the bulls hold the price above its support level, it will attempt to test its upper limit of $53,510 during the upcoming week. Conversely, if the bears overpowered the bulls, the BTC price would lose momentum and fall to test its support level of $50,337 in the coming time.</p> 
<h2 class="wp-block-heading" id="h-ethereum-eth-price-analysis">Ethereum (ETH) Price Analysis:</h2> 
<p>The ETH price followed in the footsteps of the market leader and traded sideways for a brief period, following which the market lost momentum and recorded a loss of 11.72%. After trading sideways for a while, the bulls regained momentum and jumped 3.5%.</p> 
<p>Following this, the price displayed a neutral trend and traded sideways for the next eleven days. As the market regained momentum, the <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/">Ethereum price</a> started trading under a bullish influence and jumped 9% before facing rejection at $2,539.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/4JiNZe59i6Sld1ol410JPYC85wlPjJhX5MCXK5sjJdWxKwgq_2j5cI3LLUPpe8iIWsN1c0Q_bYBQY2Fw_q3mnVdDAC_7j7o3slAcK6qJfAN5ngqE9PEXyD8A5Yxjh5RP2aytQNGV3EBQElLEscX1JhY" alt="Ethereum (ETH) Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: ETH/USDT
 </figcaption>
</figure> 
<p>After multiple attempts, the bulls gained power and recorded a jump of 10% over the next three days. Since then, the price has been trading sideways, and displaying a weak price action.</p> 
<p>The technical indicator, MACD, displays a rising red histogram, indicating an increase in the bearish influence in the market. Moreover, the averages show a constant decline, highlighting a negative price sentiment for this altcoin.</p> 
<p>If the market holds the price above the support level of $2,775, it will prepare to test its resistance level of $2,850 in the coming week. Negatively, if a trend reversal occurs, the ETH price will lose momentum and prepare to test its lower limit of $2,700.</p> 
<h2 class="wp-block-heading" id="h-ripple-xrp-price-analysis">Ripple (XRP) Price Analysis:</h2> 
<p>After displaying a neutral trend for a while, The <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP price</a> lost 9.5% in valuation. Following this, the price traded in a consolidated range between $0.5026 and $0.5250 for a period. As the market volatility grew, the price jumped 5.68%, after which it traded sideways for the next few days.</p> 
<p>The bears overpowered the bulls, resulting in the price losing 8.65%, but the bulls quickly regained momentum and recorded a bounce back in the chart. The XRP price traded in a consolidated range between $0.5141 and $0.5385 for a period.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/oWhivyVGiSrvSVrcuTgSTJ8AJoRRCZyq8YKwFDsKv7jYDxvkxfScDVbXiPcYG8LRg97YW0MQrfpK_8iKWNIbvj1jAurCcEuUIWfYfUlwEm_PuMRKPLuDdDMnSRDV4ItnK4MUvOipDKoa0jaK1mCUSvI" alt="Ripple (XRP) Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: XRP/USDT
 </figcaption>
</figure> 
<p>After this, the bulls regained momentum and recorded a jump of 7.309% before facing rejection under $0.5836. Since then, the price has been trading under a bearish influence.</p> 
<p>The MACD displays a bearish convergence in the chart, highlighting a bear power in the market. On the other hand, the Cross EMA 50/200-day shows a Golden Cross, suggesting a mixed sentiment in the crypto space.</p> 
<p>If the bulls regain momentum, the XRP price will attempt to test its upper limit of $0.5836 in the upcoming week. Conversely, if the bears gain control over the market, the Ripple price will prepare to test its lower limit of $0.50.</p> 
<h2 class="wp-block-heading" id="h-conclusion">Conclusion:</h2> 
<p>Overall, the cryptocurrency industry continues to trade under a strong bullish influence with major tokens displaying a significant uptrend in their respective portfolios. Further, the market is expected to continue gaining momentum in the upcoming time before possibly experiencing a correction in value.</p>

Bitcoin, Ethereum, And XRP Price Prediction For Next Week!

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