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Home»Altcoins»Here’s What Next For Bitcoin (BTC) and Ethereum (ETH) Price
Altcoins

Here’s What Next For Bitcoin (BTC) and Ethereum (ETH) Price

2023-04-10No Comments2 Mins Read
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The price of bitcoin org information bitcoin org Event OrganiserTechnologyPayment solution has now entered a phase of consolation and is holding inside a narrow range beneath the $28,800 resistance level. The largest cryptocurrency by market capitalization continued to fall as it had trouble rising above the $28,400 level. Early on Friday, Bitcoin dipped below $28,000 and is now trading at $27,970. 

Given that the Bitcoin rise may be slowing down, a cryptocurrency analyst has updated his predictions for Bitcoin, Ethereum, and dogecoin information dogecoin Cryptocurrencies . Trader Altcoin Sherpa said that Bitcoin’s price may fall by around 6%. 

He said that Bitcoin has been fluctuating in a range between $28,800 and $26,500 and there might be a possible retracement to the lower level price range. The price may continue to fluctuate between $27,000 and $28,000 before making a substantial shift, according to him.

Also read: Bitcoin Price Analysis: BTC Price All Set To Hit $50K in Coming Months Predicts Michaël van de Poppe

“BTC: I think Bitcoin goes a bit lower to the EQ [equilibrium] at a minimum. $26,500 is also a key level; it’s the range low and 200-EMA [exponential moving average] on the 4-hour. Still watching.”

The analyst also warned that ethereum information ethereum Blockchain NetworkTechnology must hold the crucial $1,800 level or it could drop as low as $1,750 and also added that  ETH will likely rise into the $2,000 range if it holds the $1,800 level. He also said that the market may not witness an altcoin season anytime soon. 

The trader also forecasts a potential comeback for Dogecoin using Fibonacci retracement. The meme token’s value is dropping now that Twitter changed its icon to the DOGE logo, which caused it to increase by more than 30%.

“DOGE: One of these areas should bounce but I don’t know where. 200-day EMA is at the .786 fib level [$0.0824]. Full retrace would be pretty normal for what DOGE likes to do.”

See also  As Gala Games co-founders take each other to court, here's what followed
Bitcoin BTC ETH Ethereum Heres Price
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bitcoin
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ethereum
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tether
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xrp
XRP (XRP) $ 2.30
bnb
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solana
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usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.195204
tron
TRON (TRX) $ 0.291082
cardano
Cardano (ADA) $ 0.710574
bitcoin
Bitcoin (BTC) $ 109,953.46
ethereum
Ethereum (ETH) $ 2,771.86
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.30
bnb
BNB (BNB) $ 670.20
solana
Solana (SOL) $ 164.89
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.195204
tron
TRON (TRX) $ 0.291082
cardano
Cardano (ADA) $ 0.710574