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BTC, ETH and XRP Price Analysis for March 4

Sat, 03/04/2023 - 14:31
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Denys Serhiichuk
Which top coin has highest chances to rise next week?
BTC, ETH and XRP Price Analysis for March 4
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The weekend has started with a bounce back on the cryptocurrency market.

Top 10 coins by CoinMarketCap


The rate of Bitcoin (BTC) has slightly risen by 0.17% over the last 24 hours.

BTC/USD chart by TradingView

On the daily chart, the price of Bitcoin (BTC) is again below the $23,000 mark, which means that bears have locally seized the initiative.

Cardano (ADA) Price Analysis for March 3

If buyers cannot restore the rate shortly, there are high chances to see a further decline to the support level at $21,473 by the end of the month.

Bitcoin is trading at $22,376 at press time.


Ethereum (ETH) has followed the bounce back of Bitcoin (BTC), going up by 0.12%.

ETH/USD chart by TradingView

Even though Ethereum (ETH) is located in the middle of the channel, it is looking bearish as the rate is near the interim support at $1,558. If the candle closes near that mark, one can expect a decline below the $1,500 area next week.

Ethereum is trading at $1,569 at press time.


XRP has gained the most value from the list today, rising by 2.15%.

XRP/USD chart by TradingView

Despite today's rise, XRP has not accumulated enough power for further growth. Thus, the rate is still below the important $0.40 zone, which confirms the ongoing sellers' pressure. In this case, the more likely scenario is sideways trading in the range of $0.37-$0.38.

XRP is trading at $0.3755 at press time.

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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