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Bitcoin, Ethereum, and XRP Price Prediction for Next 7 Days
The cryptocurrency market is experiencing a remarkable upswing, with the total market capitalization surging to $4.06 trillion. The renewed momentum has been fueled by ETF inflows, Trump’s 401(k) directive allowing crypto investment in retirement accounts, and favorable technical setups. As the market continues its ascent, we’ve analyzed the top three cryptocurrencies, Bitcoin, Ethereum, and XRP, to provide a comprehensive price prediction for the next seven days.
Bitcoin (BTC)
The cryptocurrency has broken out of a multi-week range, propelling past the $120,500 resistance level and setting its sights on the all-time high (ATH) of $123,091. The 4-hour chart displays strong momentum, with the price trading above the upper Bollinger Band. Although the Relative Strength Index (RSI) has reached an overbought condition at 76.64, suggesting a short-term pullback may occur, we believe this will merely create a buying opportunity for those looking to re-enter.
If buyers successfully clear the $123,500 resistance level with strong trading volume, we expect BTC to target $127,000 as the next major resistance zone. Conversely, if sellers gain control, the first line of defense remains at $120,500, followed by deeper support at $117,500.
7-Day Targets for Bitcoin:
* Potential Low: $117,500
* Average: $122,000
* Potential High: $127,000
Ethereum (ETH)
Ethereum has successfully completed a significant breakout above the $4,000 resistance zone, closing near $4,300 and testing the critical $4,402 mark. The 4-hour chart remains constructive, with higher highs and higher lows, underpinned by an RSI reading above 70.
Should ETH break through this crucial level, we expect a potential rally toward $4,720-$4,800. Conversely, failure to clear the resistance zone may result in a short-term pullback towards $4,140 or even $3,885 for a retest.
7-Day Targets for Ethereum:
* Potential Low: $4,140
* Average: $4,420
* Potential High: $4,800
Ripple (XRP)
XRP has been steadily climbing, buoyed by the recent legal clarity following the Ripple-SEC case resolution and broader risk-on sentiment. The 4-hour chart depicts a consolidation phase between $3.15 support and $3.36 resistance, with tightening Bollinger Bands hinting at an impending volatility spike.
RSI at 54.31 leaves room for further upside movement. A breakthrough above the $3.50 zone could potentially trigger a move toward $3.80-$4.00. If XRP loses its grip on $3.15 support, it may return to $2.85.
7-Day Targets for Ripple:
* Potential Low: $2.85
* Average: $3.65
* Potential High: $3.80-$4.00
Source: coinpedia.org
