Main navigation

BTC, ETH and XRP Price Analysis for March 18

Sat, 03/18/2023 - 14:29
article image
Denys Serhiichuk
Which coins are ready for midterm growth?
BTC, ETH and XRP Price Analysis for March 18
Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The start of the weekend has turned out to be positive for the cryptocurrency market as the rates of most of the coins keep rising.

Top coins by CoinMarketCap


Bitcoin's (BTC) price has rocketed by 36.61% over the last seven days.

BTC/USD chart by TradingView

On the daily chart, the price has fixed above the $27,000 mark after the breakout of the resistance at $26,533. If buyers can hold the gained initiative, the growth may continue to the $28,000-$30,000 mark. Such a scenario is relevant until the end of the month.

Bitcoin is trading at $27,488 at press time.


Ethereum (ETH) has followed the sharp growth of Bitcoin (BTC), going up by 5.20% since yesterday.

ETH/USD chart by TradingView

From the technical point of view, Ethereum (ETH) is trading similarly to Bitcoin (BTC) as its price has also broken the resistance at $1,742. Moreover, Ethereum (ETH) might continue midterm growth if buyers can hold the rate above the $1,700 mark. In this regard, the upward move may continue to the vital zone around $2,000.

Ethereum is trading at $1,822 at press time.


XRP's price has only risen by 2.30%.

XRP/USD chart by TradingView

Even though the price of XRP is far away from support, the altcoin has not accumulated enough energy for a continued rise. In addition, the rate has made a false breakout of $0.39, which confirms bears' pressure. Respectively, the more likely scenario is sideways trading in the area of $0.375-$0.380.

XRP is trading at $0.3810 at press time.

article image
About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at