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Predictions for the Top 3 Prices Bitcoin, Ethereum, and Ripple: Cryptos have reached the bottom, but the slump has not been ended totally
Bitcoin’s price is on course to fall to $39,780, although it appears to be forming a little floor as the RSI bottoms out.
Ethereum price movement has bounced off $3,018 and appears to be preparing to begin a modest reversal towards $3,391.
XRP bears may become stranded as bulls perform U-turns and prepare to re-enter above the upward trend line.
Most cryptocurrencies, including bitcoin, have been on the back foot for the majority of the week. Investors are concerned about the Federal Reserve’s tightening monetary policy in the future, as well as geopolitical tensions that might escalate into a full-fledged conflict, such as those between the United States and Russia, with Europe caught in the crossfire. This morning, Bitcoin appears to be poised to begin constructing a floor, with a near-term profit goal of $44,088 in sight. For the most part, most cryptocurrencies, including bitcoin, have been on the defensive this week. Investors are apprehensive about the Federal Reserve’s potential tightening of monetary policy, as well as geopolitical tensions that might erupt into a full-fledged confrontation, such as those between the US and Russia, with Europe caught in the…
