{"id":10637,"date":"2022-03-14T08:49:11","date_gmt":"2022-03-14T08:49:11","guid":{"rendered":"http:\/\/egrowonline.com\/?p=10637"},"modified":"2022-03-14T08:49:11","modified_gmt":"2022-03-14T08:49:11","slug":"top-3-price-prediction-bitcoin-ethereum-ripple-crypto-markets-in-disarray","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=10637","title":{"rendered":"Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets in disarray"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Bitcoin price loses momentum as it slides back into consolidation along the $36,398 to $38,895 demand zone.<\/strong><\/li>\n<li><strong>Ethereum price slides below a symmetrical triangle, hinting at a move below $2,000.<\/strong><\/li>\n<li><strong>Ripple price remains bullish as bulls eye a retest of $1 psychological level.\u00a0<\/strong><\/li>\n<\/ul>\n<p><a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/bitcoin\" rel=\"noopener\">Bitcoin price<\/a> <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/bitcoin-elliott-wave-analysis-more-weakness-ahead-202203140800\" rel=\"noopener\">continues to tag<\/a> the immediate demand area, weakening it. Despite the sudden bursts in buying pressure, BTC seems to be in consolidation mode. Ethereum price has triggered a bearish outlook while Ripple price shows signs of heading higher.<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>Bitcoin price moves with no sense of direction<\/strong><\/h2>\n<p>Bitcoin price dips into the $36,398 to $38,895 demand zone for the fourth time without producing any higher highs. This price action is indicative of a consolidation and is likely to breach lower. A daily <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\/candlestick-patterns\" rel=\"noopener\">candlestick<\/a> close below $36,398 will invalidate the demand zone and knock <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/bitcoin-price-plummets-in-response-to-atm-shutdown-in-the-uk-pronounce-it-illegal-202203120807\" rel=\"noopener\">BTC<\/a> to retest the weekly support level at $34,752, which is the last line of defense.<\/p>\n<p>A breakdown of this barrier will open the path for bears to crash Bitcoin price to $30,000 or lower. Here, market makers will push BTC below $29,100 to collect liquidity resting below the equal lows formed in mid-2021.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/BTCPERP_2022-03-14_09-48-12-637828438833519938.png\" rel=\"noopener\"><img decoding=\"async\" alt=\"BTC\/USD 1-day chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/BTCPERP_2022-03-14_09-48-12-637828438833519938.png\" style=\"width: 949px;height: 540px\" \/><\/a><\/p>\n<p><small>BTC\/USD 1-day chart<\/small><\/p>\n<p>While things look inauspicious for Bitcoin price, a strong bounce off the said demand zone that retests the weekly supply zone, ranging from $45,550 to $51,860, will provide some relief for bulls.<\/p>\n<div class=\"youtube_cke fxs_external\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Bitcoin price to shock bears with explosive rally to $47,000\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/aVnL-V7YIwM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<h3 class=\"fxs_headline_medium\"><strong>Ethereum price favors bears\u00a0<\/strong><\/h3>\n<p>Ethereum price action from January 22 to March 4 created three <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/ethereum-receives-firm-rejection-from-further-upside-potential-set-to-dip-back-to-2-200-202203131504\" rel=\"noopener\">lower highs<\/a> and higher lows, which, when connected via trend lines, resulted in a symmetrical triangle formation. This technical formation forecasts a 26% move obtained by measuring the distance between the first swing high and swing low to the breakout point.<\/p>\n<p>On March 6, ETH breached below, signaling a bearish breakout, which puts the theoretical target at $1,962. A breakdown of the weekly support level at $2,541 is vital; a breakdown of this barrier will expedite the move lower.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/ETHPERP_2022-03-14_09-48-02-637828439049627227.png\" rel=\"noopener\"><img decoding=\"async\" alt=\"ETH\/USD 1-day chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/ETHPERP_2022-03-14_09-48-02-637828439049627227.png\" style=\"width: 949px;height: 540px\" \/><\/a><\/p>\n<p><small>ETH\/USD 1-day chart<\/small><\/p>\n<p>Regardless of the recent onslaught of bearishness, <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/ethereum\" rel=\"noopener\">Ethereum price<\/a> needs to produce a daily candlestick close above $3,413 to invalidate the bullish thesis. Such a development will also open the possibility of kick-starting a potential uptrend.<\/p>\n<div class=\"youtube_cke fxs_external\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Ethereum price signals continued downside pressure to $1,825\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/-U0QTf_NwnI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<h2 class=\"fxs_headline_medium\"><strong>Ripple price maintains its bullish momentum<\/strong><\/h2>\n<p>Ripple price traverses a bull flag continuation pattern, a breakout from which hints at a continuation of the <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/ripple-price-in-weekly-squeeze-as-near-term-uncertainty-predicts-bearish-outcome-for-next-week-202203131314\" rel=\"noopener\">uptrend<\/a>. This technical formation contains an impulsive move higher followed by a consolidation in the form of a pennant.\u00a0<\/p>\n<p>The 55% rally between February 3 and 8 formed a bullish flag pole continuation pattern, and the consolidation that ensued in the form of lower highs and higher lows created the pennant. Together, the bullish setup forecasts a 31% ascent for XRP price, obtained by adding the flag pole\u2019s height to the breakout point from the pennant.<\/p>\n<p>On March 11, Ripple price broke out from the pennant, signaling the start of the 31% uptrend to $1. So far, the retest seems to be holding up well, so investors can expect the remittance token to continue its journey higher to the $1 psychological level.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/XRPUSD_2022-03-14_09-47-51-637828439274037964.png\" rel=\"noopener\"><img decoding=\"async\" alt=\"XRP\/USD 1-day chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/XRPUSD_2022-03-14_09-47-51-637828439274037964.png\" style=\"width: 949px;height: 540px\" \/><\/a><\/p>\n<p><small>XRP\/USD 1-day chart<\/small><\/p>\n<p>A daily candlestick close below the immediate demand zone, ranging from $0.689 to $0.705, will create a lower low and invalidate the bullish thesis for Ripple price.<\/p>\n<p>In such a case, XRP has the twelve-hour demand zone, extending from $0.546 to $0.633 to support any residual selling pressure.\u00a0<\/p>\n<div class=\"youtube_cke fxs_external\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"XRP price prepares to breakout to $1\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/rCFQmMHWJZ4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/top-3-price-prediction-bitcoin-ethereum-ripple-crypto-markets-in-disarray-202203140841\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price loses momentum as it slides back into consolidation along the $36,398 to $38,895 demand zone. Ethereum price slides below a symmetrical triangle, hinting at a move below $2,000. Ripple price remains bullish as bulls eye a retest of $1 psychological level.\u00a0 Bitcoin price continues to tag the immediate demand area, weakening it. Despite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[45],"tags":[50,62,2794,158,89,498,195,265,114],"class_list":["post-10637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-bitcoin","tag-crypto","tag-disarray","tag-ethereum","tag-markets","tag-prediction","tag-price","tag-ripple","tag-top"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/bit-coin-symbol-flag-3d-illustration-59931110_Large.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10637"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10637\/revisions"}],"predecessor-version":[{"id":10639,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10637\/revisions\/10639"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/10638"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10637"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}