Price Predictions for Bitcoin, Ethereum, and Ripple: Market Analysis

On Monday, Bitcoin nears $85,000 resistance suggesting a bullish breakout. Ethereum stabilises around $1,600 while Ripple remains at $2.14. BTC may rally to $90,000 if it breaks resistance; ETH looks to close above $1,700, and XRP targets $2.50 if it surpasses $2.23.

This article presents the latest price predictions for Bitcoin, Ethereum, and Ripple, highlighting the present resistance and support levels as well as potential price movements. As of Monday, Bitcoin approaches its critical resistance at $85,000, while Ethereum stabilizes around $1,600 and Ripple at $2.14.

Bitcoin (BTC) is currently trading around $84,000 and is on the verge of breaking through the $85,000 resistance level. If successful, this breakout could lead to a rally towards $90,000, continuing to test the previous high of $95,000. However, the Relative Strength Index (RSI) indicates a neutral position, and if BTC fails to stay above $85,000, it may drop to the next support at $73,072.

Ethereum (ETH) has found support at $1,449 and has made slight recoveries, hovering at approximately $1,638. A close above $1,700 could see prices rising to challenge the resistance level of $1,861. The RSI is currently at 42, reflecting a gradual reduction in bearish momentum, yet a fall below $1,449 may push ETH back to the psychological level of $1,300.

Ripple (XRP) saw a recovery of 14.28% recently, stabilising at approximately $2.14 after testing key support levels. A breakout above the $2.23 level could initiate a rally towards the March 24 high of $2.50. The RSI indicates modicum of bullish momentum, yet a close below the 200-day EMA may lead XRP back towards its support at $1.77.