Bitcoin price is likely to suffer rejection as BTC market shows cautious optimism after halving. Ethereum price making a strong close above $3,238 could kickstart a 15% rally to $3,750. Only a candlestick above $0.6791 would make Ripple token attractive to buy for XRP bulls. Bitcoin price is trading with a bullish bias following a successful halving event that has since renewed optimism in the market.
ETH/USDT 12-hour chart Conversely, if traders succumb to their profit appetite, Ethereum price could retract 6%, losing all the gains made over the past few days. In a dire case, the slump could extend to the April 13 low of $2,850, 10% below current levels.
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