Cryptocurrencies Price Prediction: Bitcoin, Dash & Ripple – Asian Wrap 22 Oct

Bitcoin Price Forecast: BTC has clear path to $13,000 – Confluence Detector

Over the last six days, Bitcoin bulls have been in full control of the market as the price rose from $11,340 to $12,835.  This Wednesday, the premier cryptocurrency had the largest single-day gain since July 27. The MACD shows increasing bullish momentum, so further price growth is anticipated.

 

Dash Price Analysis: DASH explodes after bouncing up from 50-day SMA

After crossing the $100-barrier on August 7, DASH fell to $6.50 on September 23. Since then, the privacy coin has gone up to $75.50, as of writing. Dash had earlier jumped from $67.30 to $75 this Monday before facing rejection at the 200-day SMA ($76.30) and dropping to the 50-day SMA ($70.50) the next day.

 

Ripple Price Prediction: XRP approaches a critical resistance level that could push it 15%

It seemed that XRP was left behind as Bitcoin continued climbing towards and above $12,000. However, in the past 24 hours, the digital asset has risen from $0.242 to a high of $0.255. More importantly, it seems that the price is close to a critical resistance level.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.