"It's fine if anyone wants to read it first, but don't forget to do your own analysis too, you know."
If you look at the price of the king of cryptocurrency Bitcoin (BTC) has managed to break through $73,000 while Ethereum (ETH) and Ripple (XRP) have climbed up to $4,041 and $0.74 respectively.
So here it can be seen that the price of BTC was able to continue to rise another 10% to $80,000 following this the first time the crypto market saw massive buying among institutional players until the bull run seems to have started a few months earlier than the BTC halving event.
However, the price of BTC can make a pullback at $69,000 or the supply zone again between $65,618 and $62,278 if traders start taking the profits earned so far and it should be known that a break below $64,044 is a confirmation of the continuation of the downward trend.
While ETH which climbed 85% since the beginning of the year shows no signs of stopping as its price has now reached $4,051 and it has the potential to rise further to $4,500 before reclaiming its peak of $4,868 which was the last level tested on November 10, 2021.
However, if the seller's momentum increases then ETH is capable of correcting the price at the $3,602 support zone to provide another buying opportunity around that level.
It should also be noted that increasing buying pressure could push XRP to $0.80 or mark a milestone at $1, but the price could experience a downward trend if it falls below the $0.64 level.
As of this writing, BTC price is up 0.92% at $72,964 in the last 24 hours while ETH is up 0.86% at $4,064 and XRP is down 0.80% at $0.69 but still up 14.77% over the past week.
