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.
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.