The post Bitcoin, XRP, ETH Price Prediction for Next Week: Uptober Begins! appeared on BitcoinEthereumNews.com.

With the crypto market making a comeback, the hopes of an Uptober rally are growing strong among investors. As Bitcoin crosses $63K, Ethereum and XRP prices are ready to prepare for a bullish week ahead! With the high hopes of a massive surge in Q4 2024, this week will be crucial for the future price trend in BTC, ETH, and XRP. So, let’s analyze these cryptos’ price trends and figure out the bull run chances.  Bitcoin Breakout Eyes $85K With a bullish recovery from the 200-day EMA, the BTC price is recovering from the recent crash amid the global market tensions. Following a crash from $65,000 to the psychological mark of $60,000 near the 200-day EMA, the BTC price reclaims the $63,000 mark.  Tradingview Currently, the recovery run challenges the 50% Fibonacci level at $63,847. Furthermore, the BTC price action reveals a V-shaped recovery. As the recovery rally forms a lower-high formation, the short-term uptrend shows another possibility of a bullish challenge to the overhead trend line.  The overhead trend line completes the channel pattern of a broader bullish flag in the daily chart. A bullish breakout of the high-supply resistance trend line will likely scale BTC to its all-time high of $73,794. Further, the potential price targets based on Fibonacci levels are at $85,832 and $105,497 for the Uptober rally and Q4 2024.  On the flip side, the crucial support for BTC is solid at $60,000 and $57,000. Keen on stacking some Bitcoin? Get the potential price targets in our BTC Price Prediction. Will Ethereum (ETH) Price Cross $3,000? Amid the BTC recovery, the Ethereum price forms a morning star pattern to regain the short-term bullish trend. Furthermore, the biggest altcoin forms a local support trendline and has increased by almost 6% in five days.  Tradingview However, unlike Bitcoin,…

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Filed under: News - @ October 7, 2024 7:27 am