Crypto Price Prediction: Easter Spirit Boosts ETH & XRP by 1-3%, WIF Surges 11%

The Easter holiday brought a modest uplift to the cryptocurrency market, with leading assets Bitcoin and Ethereum experiencing a 1-3% increase. Despite high volatility throughout the week, major cryptocurrencies have seen narrow trading ranges, indicating a lack of clear dominance between buyers and sellers.

However, this consolidation is poised to transition into an uptrend continuation as April approaches, marking the highly anticipated Bitcoin halving event. Coupled with positive inflows into Spot BTC ETFs, this development could bolster Bitcoin demand and broader market sentiment.

Ethereum (ETH):

Amid the market consolidation, Ethereum's price has remained range-bound between $3675 and $3470. Initially perceived as investor uncertainty, this lateral movement has revealed itself as part of an inverted head and shoulder pattern on the 4-hour chart.

Currently trading at $3610 with a 2.9% intraday gain, Ethereum boasts a market capitalization of $433 billion, with a 24-hour trading volume of $10.18 billion. The chart patterns suggest a potential breach of the neckline resistance, paving the way for a push towards the $4300 target.

XRP:

XRP, Ripple's digital asset, has exhibited uncertainty over the past two weeks, with narrow range formations and rejection candles. Despite this, consolidation above a 2-month trendline indicates a steady uptrend maintained by buyers.

With a market capitalization of $34.3 billion, XRP ranks as the sixth-largest cryptocurrency. A renewed bullish sentiment could see XRP breaking above the overhead barrier of $0.667 and rechallenging the $0.744 high. Conversely, a breakdown below the pattern's lower trendline may trigger a significant correction.

Dogwifhat (WIF):

Dogwifhat (WIF), a memecoin on the Solana blockchain, has defied broader market corrections, witnessing a remarkable recovery from $2.11 to $4.8, marking a 127.5% growth within two weeks.

With a market capitalization of $4.78 billion, WIF has surged into the top 30 cryptocurrencies by market size. Recently breaching a key resistance of $4.5, WIF aims to reclaim the $5 psychological level, followed by $5.5.

As the cryptocurrency market nears the Bitcoin halving event and experiences positive inflows into Spot BTC ETFs, a break from consolidation seems imminent. This trend is poised to accelerate Bitcoin demand and create a bullish momentum across the broader market.