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Analysts Assessing Value Shifts in Bitcoin and Altcoins

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by Giorgi Kostiuk

3 hours ago


Analysts share their views on the current fluctuations in the cryptocurrency market, including assessments of Bitcoin and altcoin prices.

Current Cryptocurrency Market Situation

Bitcoin's price is currently around $85,800, influenced by Donald Trump's announcement of a 25% tariff on the European Union. Additional tariffs are expected in April unless there are major surprises or agreements.

Analytical Forecasts

Analyst Altcoin Sherpa anticipated significant improvements within two weeks, but current observations suggest otherwise. Daan Crypto Trades is closely monitoring whether the marked levels will be reclaimed in today's evaluation.

Bitcoin is behaving similarly so far. Let’s see if it can reclaim this range properly and gain some momentum. The high ETF outflows seen in the last two days are positive.CITE_W_A

XRP Coin Forecast

Ali Charts noted a significant correction period may begin for XRP Coin price. Despite the downturn, XRP Coin has been one of the few altcoins that did not suffer significantly, but the TD Sequential indicator is pointing towards a new decline.

Analysts express cautious optimism about the potential recovery in the cryptocurrency market despite current negative factors.

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