Top 3 Crypto Forecast: Bitcoin, Ethereum & Ripple Could Move Higher
The crypto market is showing strong bullish momentum, with major coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) moving higher and signaling more gains ahead.
Bitcoin (BTC) has jumped to a new record, trading above $116,600. Indicators such as RSI and MACD show a strong upward trend. If this momentum continues, Bitcoin could hit the big target of $120,000. However, since it’s already overbought, a small pullback toward $108,000 is also possible.
Ethereum (ETH) has crossed above $2,724 and is testing the key $3,000 resistance level. If ETH closes above this level, it may rise quickly toward higher targets. But if it fails to hold $3,000, it could fall back to $2,724 support. The Ethereum breakout is closely watched by traders, especially as altcoin season gains attention.
Ripple (XRP) has broken past the $2.47 resistance and is now around $2.57. The trend looks strong, and XRP could soon reach $2.72, with the next big target near $3.00. Still, any drop in momentum might bring it back to the $2.47 zone.
Impact:
If bullish energy continues, Bitcoin, Ethereum, and XRP might see further gains. But with prices already high, some pullback or consolidation could possibly happen before the next big move.