The crypto market continues recording mixed price sentiment this month. This has resulted in the top cryptocurrency tokens recording increased price action this week. With this, Bitcoin, Ethereum, and Ripple coins have experienced a similar price action, highlighting increased price volatility.
Considering the latest market trends, whale investors and institutions are micro-monitoring the price action of these crypto tokens. Are you one of many who are planning on investing in these tokens but are concerned about their short-term prediction? Read our article now!
Bitcoin (BTC)
The price of Bitcoin has lost ~0.5% in 24 hours with a trading volume of $14.257 billion. Notably, it has added ~1% to its portfolio in seven days and has jumped 4.02% this year. Moreover, with a market cap of $1.925 Trillion, it has a market dominance of 59.83%.
The Simple Moving Average (SMA) displays a bullish curve in the daily time frame. This indicates an increase in the bullish price action for the Bitcoin price in the market. However, the RSI indicator records a negative outlook, suggesting mixed price sentiment for the largest crypto token this week.
If the bulls regain momentum, the price of Bitcoin could prepare to head toward its upper high of $100,000 this week. On the contrary, a bearish reversal could result in it plunging toward its crucial low of $92,000 in the upcoming time.
Are you one of many who are planning on investing in BTC tokens but are concerned with questions like, “How high will Bitcoin go?” Read CoinPedia’s latest Bitcoin Price Prediction today!
Ethereum (ETH)
Despite recording a jump of over 1.75% in seven days, the Ethereum price has plunged 22.84% in the last 30 days and has a Year-to-Date (YTD) return of -18.92%. Further, with a dominance of 10.102%, it has a market cap of $325.637 billion.
The EMA 50/200-day records a Death Cross in the Ethereum price chart. On the other hand, the MACD indicator displays a constant rise in the green histogram with its averages recoding a positive action in the daily time frame. This suggests rising uncertainty for the largest altcoin this week.
If the market favors the bulls, the price of ETH token could retest its upper resistance level of $3,272. Conversely, a sustained bearish action could pull the price of this altcoin toward its low of $2,530 this month.
Wondering whether the ETH price will achieve a new high during the altcoin market this year? Read our latest Ethereum Price Prediction today!
Ripple (XRP)
The Ripple price has lost 1.12% in 24 hours with a volume of $3.381 billion, a change of -42.09%. On the other hand, it has jumped 12.84% in the last seven days and has a YTD return of +31.63%. With a market cap of $158.287 billion, it has secured the 03rd position in the market.
The Relative Strength Index (RSI) continues hovering above the neutral point in the 1D time frame. Moreover, the SMA indicator shows a bullish curve in the Ripple price chart, indicating a positive outlook for the 03th largest cryptocurrency in the market.
Suppose, a bullish trend reversal occurs, in that case, the XRP price could retest its upper high of $3.50. On the flip side, if the bears maintain dominance, this could pull the price toward its important support level of $2.50.
Curious to understand the possibilities of this altcoin achieving a new ATH this 2025? Read CoinPedia’s latest XRP Price Prediction today!
FAQs
With increased bullish action, the price of BTC token could reach a maximum trading value of $160,000 this year.
If the market favors the bulls, the Ethereum price may achieve a new ATH this altcoin season.
The Ripple price could achieve this target price by the year 2028 if the bullish sentiment sustains.
