BTC, ETH and XRP Price Prediction for April 9

Price Analysis
Mon, 04/08/2024 - 14:01
Cover image via www.tradingview.com
Read U.TODAY on
Google News

Most of the coins have come back to the red zone, according to CoinStats.

Top coins by CoinStats

BTC/USD

The rate of Bitcoin (BTC) has fallen by 2.27% over the last day.

Image by TradingView

On the daily chart, the price of BTC keeps accumulating energy, trading in a wide range, between the support of $59,112 and the resistance of $73,755. At the moment, the rate is closer to the upper level. If the bar closes above yesterday's high, there is a chance to see a test of the $74,000 area.

Bitcoin is trading at $70,921 at press time.

ETH/USD

The rate of Ethereum (ETH) is almost unchanged since yesterday.

Image by TradingView

From the technical point of view, the rate of the leading altcoin is trading near the vital level of $3,661. If it breaks out, the accumulated energy might be enough for a further upward move to the $3,800 area. 

Related
Cardano (ADA) Price Prediction for April 7

Such a scenario is relevant untli the end of the week.

Ethereum is trading at $3,632 at press time.

XRP/USD

Unlike other coins, the price of XRP has increased by 2.63%.

Image by TradingView

On the daily chart, the rate of XRP has broken the $0.6182 level. If buyers can hold the gained initiative and the bar closes above that mark, the upward move is likely to continue to the $0.66 area soon.

XRP is trading at $0.6339 at press time.