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BTC, ETH and XRP Price Prediction for March 25

source-logo  u.today 25 March 2024 15:55, UTC
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The new week has started positively for most of the cryptocurrencies, according to CoinMarketCap.

$BTC/USD

The rate of Bitcoin ($BTC) has increased by 2.35% over the last 24 hours.

Today's growth has not affected the technical position of $BTC on the daily time frame. The rate is in the middle of a wide channel, which means that neither buyers nor sellers are ready for a sharp move. In this case, sideways trading in the area of $66,000-$69,000 is the more likely scenario for the next few days.

Bitcoin is trading at $67,000 at press time.

$ETH/USD

Ethereum ($ETH) has followed the rise of $BTC, going up by 1.62%.

From the technical point of view, Ethereum ($ETH) is trading similarly to $BTC as none of the sides is dominating at the moment. It is also confirmed by a declining volume. One should expect any sharp moves soon. All in all, traders might witness a consolidation between $3,350 and $3,550 within the following days.

Ethereum is trading at $3,436 at press time.

$XRP/USD

$XRP has gained the least today, rising by 0.27%.

On the daily chart, the price of $XRP is falling after yesterday's bullish closure. If the situation does not change by the end of the day, the drop may continue to the $0.61-$0.62 zone until the end of the week.

$XRP is trading at $0.6291 at press time.

u.today