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Cryptocurrency News Articles

Crypto Markets Are Gaining Strength as They Are Heading Towards the End of the First Quarter of 2025

Mar 24, 2025 at 03:46 pm

With the Bitcoin price closing the weekly trade above the 200-day MA at $85058, the altcoins have also gained immense strength. As a result, Ethereum price eyes a bullish close above $2500

Crypto Markets Are Gaining Strength as They Are Heading Towards the End of the First Quarter of 2025

Crypto market, in the truest sense of the word, is known for its volatility. As the crypto markets are gaining strength and heading towards the end of the first quarter of 2025, the crypto traders are eagerly waiting to see what the second quarter has in store for them.

With the Bitcoin price managing to close the weekly trade above the 200-day MA at $85,058, the altcoins have also gained immense strength. As a result, Ethereum price is seen making efforts to reach the crucial resistance zone of $2500 while XRP is marching towards $2.5.

As the top 3 cryptos are displaying strength, here’s what’s expected from BTC, ETH, and XRP prices in Q2 2025.

Bitcoin (BTC) Price Prediction for April 2025

From a wider perspective, the Bitcoin price has been maintaining a steep ascending trend regardless of the short-term pullbacks. The price is trading within a rising parallel channel and is trying hard to rise above the average bands of the channel. However, the bearish influence over the token has dropped to a large extent, which suggests a strong bullish continuation for the BTC price rally.

The weekly chart of BTC shows the price has triggered a rebound before testing the previous highs closely at $72,000. This indicates the prices were allowed to drop and accumulate at the bottom, and as a result, the star token underwent strong bullish action. The weekly RSI has triggered a bullish divergence, while the weekly MACD shows a drop in the selling pressure after 6 consecutive weeks. This suggests the BTC price is gearing up for massive bullish action, aiming to form a new ATH.

Ethereum (ETH) Price Prediction for April 2025

Ethereum price has rebounded from a pivotal support zone around $1800, which mounted some confidence among the market participants. However, the bulls are trying to push the price within a crucial resistance zone between $2067 and $2169, which may validate a rise above the bearish influence. Meanwhile, the technicals trigger a bullish divergence but fail to validate it. Therefore, the upcoming monthly close is expected to be a pivotal one.

As seen in the above chart, the ETH price has rebounded from the lower support of the decisive symmetrical triangle. The RSI has flipped from the lower threshold, while a rise above the MA may validate a rise from the bearish influence. On the other hand, the CMF has dropped and is about to test the crucial range at ‘0’, as a drop below the range may validate a bearish trend. Hence, the upcoming monthly close could have a large impact, as a close above $2300 may lay a strong foundation for an extended bullish trend towards upper targets.

Ripple (XRP) Price Prediction for April 2025

The XRP price has been consolidating above the gains within a parallel channel after a magnificent rise of over 300%. The price is displaying massive strength and is trying to surpass the crucial threshold above $2.5, which could elevate the levels within a bullish zone. However, the technicals do support a bullish narrative as the XRP price is gearing up for another 300% rise and will mark a double-digit figure soon.

The weekly chart of XRP suggests the token is consolidating within a bullish flag and the latest rebound from the support hints at a strong presence of bulls. Previously, the price remained consolidated for over 24 months and hence the price is expected to remain in an accumulated range for a few more days. The RSI continues to form lower highs and lows, while the DMI flashes no clear signals. Therefore, the XRP price remains within a bullish scope but may continue to remain consolidated below $3 for some time and later undergo a massive breakout beyond the range.

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Other articles published on Mar 29, 2025