coinpedia 2025-03-11 05:46:02

Bitcoin (BTC), Ethereum (ETH), and XRP Price Prediction Today (For March 11)

The post Bitcoin (BTC), Ethereum (ETH), and XRP Price Prediction Today (For March 11) appeared first on Coinpedia Fintech News The cryptocurrency market , led by Bitcoin (BTC) and Ethereum (ETH), has shed more than $1.3 trillion in valuation since U.S. President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President took the oath of office for his second term. The crypto market has experienced heightened selling pressure during the past eight weeks amid the mixed fundamentals, especially from the political environment. Despite the Trump administration announcing the strategic Bitcoin and crypto reserve , which was highly anticipated, the ongoing tariff trade wars have changed the entire market dynamics. Consequently, on-chain data shows institutional investors have dramatically reduced their appetite for crypto assets, led by the U.S. spot BTC ETFs which have lost over $4.3 billion in the past two months. Bitcoin Price Expectations Today After dropping more than 14 percent last week, Bitcoin (BTC) price has been retesting a crucial support level of around $78k in the past two days. In the two-hour timeframe, BTC price has been forming a potential bearish continuation pattern, with the next target around $73.7k. According to Arthur Hayes, co-founder of BitMEX, Bitcoin price will likely continue in bearish sentiment until major global central banks – led by the Fed, PBOC, ECB, and BoJ – kickstarts quantitative easing (QE) to stir up growth in their respective economies. The plan: Be fucking patient. $BTC likely bottoms around $70k. 36% correction from $110k ATH, v normal for a bull market. Then we need stonks, $SPX and $NDX to enter free fall. Then we need TradFi muppet to go under. THEN we get Fed, PBOC, ECB, and BOJ all easing to make… — Arthur Hayes (@CryptoHayes) March 11, 2025 Ethereum Price Prediction The Ethereum (ETH) market has led the wider altcoin industry in bearish sentiment in the recent past. The large-cap altcoin, with a fully diluted valuation of about $225 billion and a 24-hour average trading volume of about $41 billion, closed last week below a crucial support range between $2.1k and $2.2k. As a result, it is safe to assume that the Ethereum sellers have the higher ground over the buyers. In the past 24 hours, Ether’s price retested the rising trendline of a regular chart of the weekly timeframe. However, a consistent close below $1,760 will trigger a heavy selloff in the coming weeks for Ether. According to crypto analyst Benjamin Cowen , Ethereum price will likely bottom out after the Fed ends the prolonged Quantitative Tightening (QT). XRP Price Prediction Ripple Labs’ XRP price has been forming a potential reversal pattern since early December 2024, characterized by a head and shoulders (H&S) formation coupled with a bearish divergence of the weekly Relative Strength Index. In the past few days, the XRP price has been retesting a crucial support level around $2, which coincides with the possible neckline of the H&S pattern. If the XRP buyers fail to defend the current support level, a major selloff towards $1.5, which coincides with the 0.618 weekly Fibonacci Retracement , will be inevitable. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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The market is dropping due to selling pressure, trade wars, and reduced institutional interest, despite the U.S. Bitcoin reserve announcement. How high can Bitcoin go in 2025? As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046 this year if the bullish sentiment sustains. What will the price of Ethereum be in 2025? As per our Ethereum price prediction 2025, the ETH price could reach a maximum of $5,925. What is the XRP price prediction after the lawsuit? If Ripple wins against the SEC, XRP could reach $10 or higher. A prolonged case might keep prices around $5.81 in 2025 before further growth. How high can XRP go in 2025? XRP might reach a high of $5.81 with an average of $4.89.

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