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XRP, BNB, and DASH Price Prediction and Analysis

  • Yuri Molchan
    πŸ“ˆ Price Predictions

    πŸ’£πŸ’£Traders have not had an easy weekend due to Bitcoin πŸ“ˆπŸ“‰ rising and falling. BTC surged to test the $4,200 level and was instantly thrown back to $3,800


XRP, BNB, and DASH Price Prediction and Analysis
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

Traders have not had an easy weekend due to Bitcoin rising and falling. The major virtual coin surged to test the $4,200 level, and then in just a few minutes it was thrown back to $3,800. A lot of market participants believe this to be market manipulation, however, it is not clear who it was beneficial for.

Even though this rollercoaster took place, the total market cap has been more or less stable – slightly over $130 bln, despite the majority of the highest ranking coins being in the red.

XRP Price Prediction

The market has rejoiced after the recent announcement of Coinbase listing XRP. That news made the coin recover from the $0.29 mark to $0.32, where it is presently standing. At the moment, XRP is struggling amid a long-lasting bearish trend. Not long ago, the coin has tried to test the $0.35 resistance level but was unable to break through it.


Should any signs of an upward trend appear on charts, most likely, a bigger wave of traders will take part in the rally. If it happens that more traders join in, the coin will be able to break the 50-day EMA and perhaps will grow to trade at $0.37. Otherwise, we will be in for XRP retesting the support mark.

XRP Price Prediction

XRP/USD chart by TradingView

Binance Coin (BNB) Price Prediction

Right after the Binance DEX testnet was released recently, BNB spiked to test the resistance level at $11.80. Then it fell back, but traders took this move as a regular correction, not a reverse. BNB currently remains within an upward trend, and providing its stays above $8.50-$9.00, the coin should make further attempts to get higher.

The breakthrough may well happen at the level of $9.00, however, this week BNB might not get there. This is due to the RSI being overbought on a lower level and now it is ready to unroll into an upward trend that will last longer.

Binance Coin (BNB) Price Prediction

BNB/USD chart by TradingView

Dash (DASH) Price Prediction

DASH holds position #15 on the Coinmarketcap scale. Its overall supply in circulation is valued at $714,429,658. Currently, it is holding at around $82.5. Over the last week, the coin has dropped slightly over 6 percent and managed to recover only slightly against its losses.

The 50-day EMA along with the horizontal level at the $100 mark have created a confluence zone, which may take a lot of effort to break.

Should DASH break through this area, it will happen only with the help of increased strength from the bulls, and the coin may keep going upwards.

There is a 90 percent probability that DASH will not make it but will rather retest the $100 mark.

Dash (DASH) Price Prediction

DASH/USD chart by TradingView

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TOP 3 Price Predictions: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) β€” Should Buyers Fix Their Profit or Not Yet?

  • Denys Serhiichuk
    πŸ“ˆ Price Predictions

    It looks that buyers are fixing their positions. In this regard, is that a chance to buy or we need to follow the general market mood?


TOP 3 Price Predictions: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) β€” Should Buyers Fix Their Profit or Not Yet?
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

The situation on the cryptocurrency market has not changed a lot comparing to Thursday. Prices of most coins out of the top 10 have been reduced, however, there are 2 exceptions from the rule. Binance Coin and Litecoin are those ones that keep going up when other coins are ’’relaxing’’.   

Especially it is remarkable for BNB, whose rate has exceeded $20.


BTC’s domination rate is stagnating and now constitutes 52%.

BTC/USD

Friday, Apr. 19 has started for the main cryptocurrency with a red bullish candle, pushed down BTC from $5,274 to the $5,200 mark. Currently, the quotes are trading in the $5,200 - $5,250 corridor.

BTC/USD chart by tradingview

Yesterday, the main cryptocurrency managed to overcome the resistance of the Fibonacci level and tested the mark of $5,276 (61.8%).

If today we manage to return to this level, then the path to the $5,300 mark is possible. The target level of bulls will be reached, after which a pullback will start to fix positions.

On the whole, the BTC maintains an upward priority, but in the coming days, a flat range is also possible.

The price of BTC is trading at $5,256 at the time of writing.

ETH/USD

A general picture for Ethereum is even better than for BTC, as its price has not reduced so much.  Yesterday, the asset touched the $176 mark but was not able to consolidate it and rolled back to $170.

ETH/USD chart by tradingview

On the 1-hour chart, ETH has all efforts to come back to the $180 mark, which was achieved on April.10. That is confirmed by the RSI indicator and trade volumes.

πŸ‘‰MUST READ Ethereum 6 Month Price Prediction – ETH Price May Touch $375 Very Soon. ETH/USD Price Forecast 2019
Ethereum 6 Month Price Prediction – ETH Price May Touch $375 Very Soon. ETH/USD Price Forecast 2019

However, taking into account fundamental factors, some Ethereum based projects have started to migrate to Binance Chain network. If such a trend continues, it could negatively affect the ETH’s rate.

The price of ETH is trading at $171.89 at the time of writing.

XRP/USD

Ripple is the biggest loser from the top 3 coins, as its rate has dropped by more than 2% over the last 24 hours.

XRP/USD chart by tradingview

The price of XRP is trading at $0.33 and continues to move within the growth and the downward channel. The quotes XRP/USD are moving inside the Ichimoku cloud, which indicates the presence of a lateral trend for Ripple.

πŸ‘‰MUST READ XRP Price Prediction: huge profit warning detected. Ripple bulls in anticipation of rapid growth
XRP Price Prediction: huge profit warning detected. Ripple bulls in anticipation of rapid growth

An impetus for growth renewal can be the recent news concerning the Huobi exchange which added 3 more trading pairs for XRP.

The price of XRP is trading at $0.3322 at the time of writing

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