This Is Where Bitcoin (BTC) Ripple (XRP) and Hedera Hashgraph (HBAR) Prices Are Heading! 

The post This Is Where Bitcoin (BTC) Ripple (XRP) and Hedera Hashgraph (HBAR) Prices Are Heading!  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The bitcoin price rose slightly on Wednesday and the global cryptocurrency market was trading in green as investors continued to assess the escalating tensions on the Russia-Ukraine border.

The global crypto market cap is $1.72 trillion, a 2.35% increase over the last day. The total crypto market volume over the last 24 hours is $82.28 billion, which makes an 18.37% decrease.

What’s Next for BTC, XRP, and HBAR Price?

Despite the uncertainties in the broader digital asset market, a popular crypto analyst and trader is laying out what’s next for Bitcoin (BTC), XRP, and one low-cap altcoin this week.

Credible, a pseudonymous expert in the sector, predicts that Bitcoin will consolidate further this week in order to find new customers for the next step up.

According to him, Bitcoin will have a dull week as the price is sandwiched between major support ($38,000-$39,000) and significant resistance ($41,000-$42,000.) He believes that BTC will trade back and forth between these two levels for a while before resolving this consolidation to the upside. He further says that a tap of $36,200 is a firm rejection of the above-mentioned scenario.

“I’m fully deployed at the moment with my last spot buy in the $36,00 region. If I wasn’t, then yes I would be buying there.”

After a brief increase from $0.76 to $0.85 on February 19th, Credible believes the sixth-ranked cryptocurrency will trade sideways this week. The analyst is positive on XRP Price, expecting the altcoin to surge to his $1 minimum target.

Credible is also keeping an eye on the pricing of Hedera Hashgraph (HBAR), a public peer-to-peer payment network. As per the analyst the bottom for HBAR has been reached, he also believes that the altcoin might retrace to $0.20.

He believes the bottom has been reached, but it must clear $0.25-$0.28 to be certain. We spent weeks very close to those lows without creating a lower low, much like the previous time we put in our bottom – so sure, the coin can see $0.20 again, according to him.