Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 9 September
|Bitcoin Price Prediction: BTC foreseeable tumble to $9,000
Bitcoin bulls are focused on breaking short term resistance at the 50 Simple Moving Average (SMA) in the hourly timeframe. The push for recovery comes after another dip to $10,000. Last week, support above $9,750 once again failed to make the much anticipated CME gap to $9,600, discussed on several accounts by the FXStreet’s team since last week. For now, the path of least resistance appears to be upwards but can the flagship cryptocurrency sustain momentum above $10,250. Read more ...
Ethereum Price Prediction: ETH eyes $250, but why are whales on a buying frenzy?
The smart contract cryptocurrency, Ethereum, has been pivotal between the key support at $320 and the critical resistance at $360 since September 5. The lock-step trading happens in the wake of a devastating fall from August highs at $489 to September’s support at $310. Read more ...
Ripple Price Analysis: XRP may have bottomed out, ready to retest $0.27
Ripple's XRP is the fourth-largest digital asset with the current market capitalization of $10.66 billion and an average daily trading volume of $2.28 billion. At the time of writing, XRP/USD is changing hands at $0.2370, down 1.3% in the past 24 hours, and mostly unchanged since the beginning of Wednesday. Read more ...
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.