Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bears slowly take control as prices reach inflection point

Lockridge Okoth
Lockridge Okoth

16 Mar 2023 9:25 AM

Bitcoin price is moving horizontally as the risk of a downside break continues to grow. With it, Ethereum price (ETH) and other altcoins like Ripple p...

  • Bitcoin price risks a downside break if it stays below $25,000 resistance zone
  • Ethereum price must breach $1,704 resistance level to invalidate its bearish thesis
  • Ripple price must surpass $0.3800 resistance level to avoid a downside break and start a fresh increase
  • Concerns over market liquidity and ongoing concerns about Credit Suisse have caused slight drops in Bitcoin, Ethereum, and Ripple prices
  • JPMorgan predicts that the Federal Reserve's emergency loan program could inject $2 trillion into the US banking system, potentially providing a boost to the crypto market

The article has a slightly negative sentiment due to the risks of a downside break in Bitcoin price and the ongoing concerns about Credit Suisse. However, the potential boost to the crypto market from the Federal Reserve's emergency loan program provides a glimmer of hope.

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Related Questions

What is the risk for Bitcoin price if it stays below the $25,000 resistance zone?
What must Ethereum price do to invalidate its bearish thesis?
What must Ripple price surpass to avoid a downside break and start a fresh increase?
What is causing slight drops in Bitcoin, Ethereum, and Ripple prices?
What potential boost to the crypto market is predicted by JPMorgan?

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