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Home ยป Bitcoin Breakout Watch: BTC Eyes $90K While Ethereum and XRP Regain Stability
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Bitcoin Breakout Watch: BTC Eyes $90K While Ethereum and XRP Regain Stability

By Yasher RizwanApril 14, 20251 Comment2 Mins Read3 Views
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Bitcoin, Ethereum, and XRP price charts showing a steep downward trend under market pressure.
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Cryptocurrency markets begin the week on a cautiously optimistic note, with Bitcoin (BTC) approaching a crucial resistance zone, while Ethereum (ETH) and Ripple (XRP) hold steady after bouncing from key support levels. Investors are closely monitoring the charts for a potential bullish breakout in BTC, which could ignite broader market momentum.


Bitcoin (BTC) Price Prediction: Breakout Looms at $85,000

Bitcoin is currently trading around $84,000, inching closer to the $85,000 resistance, a level that aligns with both the 200-day EMA and a significant trendline.

๐Ÿ“ˆ If BTC breaks and closes above $85,000, it could ignite a rally toward:

  • $90,000 (Psychological milestone)
  • $95,000 (March 2 high)

๐Ÿ”ป Downside Risk: A rejection at $85,000 could push BTC back down to $73,072, the next major support zone.

๐Ÿ’ก RSI Insight: The Relative Strength Index (RSI) is hovering around 50, indicating a neutral sentiment. A breakout above this level would confirm renewed bullish strength.


Ethereum (ETH) Price Prediction: Recovery Depends on $1,700 Break

Ethereum trades near $1,638, recovering from last weekโ€™s low of $1,449, but facing stiff resistance at $1,700.

๐Ÿ“ˆ If ETH clears $1,700, potential targets include:

  • $1,861 (Next daily resistance)
  • $2,000+ (Psychological resistance)

๐Ÿ”ป Bearish Scenario: A drop below $1,449 could lead to a deeper correction towards $1,300.

๐Ÿ’ก RSI Watch: RSI at 42 is climbing towards 50, suggesting waning bearish momentum. A cross above 50 could drive stronger bullish action.


Ripple (XRP) Price Forecast: Can Bulls Push to $2.50?

XRP has stabilized at around $2.14, having reclaimed its 200-day EMA ($1.95) and briefly touching $2.23 over the weekend.

๐Ÿ“ˆ Bullish Target: If XRP breaks above $2.23, the next key resistance lies at:

  • $2.50 (March 24 high)

๐Ÿ”ป Support Zone: Strong support is found at $1.95, the 200-day EMA.

๐Ÿ’ก RSI Momentum: Currently at 50 and trending upward โ€” a move above 50 could provide the fuel needed for a bullish continuation.


๐Ÿ” Crypto Market Outlook: What to Watch This Week

  • Trumpโ€™s 90-day global tariff pause continues to ease market fears.
  • All eyes remain on U.S. PPI data and Fed rate expectations.
  • Geopolitical and macroeconomic shifts could act as catalysts for volatility.

Stay updated with DailyForex.pk for the most accurate, SEO-optimized cryptocurrency news and price forecasts in Pakistan.

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