BTC price Above $63,000 and the range of movement for altcoins is widening. Overselling is now about to reverse. We have been talking for days that closing above $60,000 could revive the markets. Today, Powell made the expectation come true with his statements within the expectation.
Bitcoin (BTC)
The price, which has increased significantly compared to the previous week, is targeting $65.00. In order to break the new all-time high, $63,100 needs to be maintained as support. Beyond that, $65,000 could be tested. Investors are still wary after weeks of failed attempts to move up. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Investors who are hopeful for the weekly close will be in a strong position on the last day of the week after Powell’s statements today. ETF hoping for entry. Data will start coming in a few hours later. Buyer demand has picked up on the Binance exchange.
Ethereum (ETH)
$2,681 has been a challenge for ETH and the key area has been breached today. It is now up 5% on the day. Ether It is likely that ETF demand on the side will soon strengthen as ETHE sales slow down. We have experienced a similar process for the BTC ETF. The ETH price, which reached $ 2,731 at the time of writing, will probably stop at $ 2,930 and $ 3,000 next.
The rally is then likely to accelerate. BTC price performance will of course be decisive here. The 70,000 scenario in the first section will also pave the way for targets above $ 3,000 for ETH.
XRP Coin Predictions
Losing $0.6 early XRP Coin faced with sales. This caused it not to benefit much from the recent rise. The $ 125 million fine given to Ripple now means the end of a nightmare that has been going on for years with minor scratches. If mass appeals and a new and even more tiring surprise process does not begin, XRP Coin investors can be happy.
Considering the rapidly increasing supply since the last bull peak, prices at $3 will not be easy and much greater demand will be required. The resistance at $0.63 is the first major hurdle to overcome. Closes below this level could mean the continuation of the boring consolidation process.
At press time, BTC is at $63,300 and is busy pushing higher to a new daily high.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
