The post Cryptocurrency Prices: How Bitcoin, Ethereum and XRP Prices Will Perform This Week appeared first on Coinpedia Fintech News
The cryptocurrency industry registered notable volatility last week following several high-impact news from the United States Federal Reserve and the Bank of Japan on inflation and interest rates. The heightened crypto volatility resulted in more than $ billion of heavy liquidations.
Bitcoin (BTC) price opened the week trading above $68,300, dropped as low as $60,700, and closed the week trading at $67,158. A similar weekly hammer recorded on Bitcoin’s USD derivative was replicated among most of the altcoins led by Ethereum (ETH).
Crypto Price Targets for This Week Bitcoin (BTC) PriceAlthough Bitcoin dominance has flashed an inevitable reversal in the short term, Bitcoin price is likely to print a bullish candle by the end of this week, which coincides with the end of March candlestick. With the fourth halving expected to happen in four weeks, possibly buy the rumor and sell the news scenario could occur in the coming days.
Consolidation, consolidation for #Bitcoin.
Maybe one more test at the all-time high pre-halving?
There's a chance. pic.twitter.com/KwyxrnKuVa
According to a famous crypto analyst, Michaël van de Poppe, Bitcoin price will likely retest the resistance level around $70,300 after rebounding in a bullish outlook in the past week.
Ethereum (ETH)$ETH #Ethereum Descending Broadening Wedge Upside Breakout is Confirmed on the 4hrs timeframe Chart..
$4,000 incoming