Cryptocurrencies price prediction: Bitcoin, Ethereum & Bitcoin Cash - Asian Wrap 22 Oct
|Bitcoin keeps hovering around $8,200 as bears push the price down
BTC/USD has had a bearish start to Tuesday as the price dropped from $8,217 to $8,185. This Monday also turned out to be a seller-heavy one as BTC/USD fell from $8,235.70 to $8,217.
Ethereum price analysis: ETH/USD struggles to break past resistance at the SMA 20 curve
ETH/USD buoyed the price up slightly from $174.60 to $174.85 in the early hours of Tuesday. It looks like the bulls want to retake control of the market after the bears took over on Monday and brought ETH/USD down from $175.71 to $174.60.
Bitcoin Cash price analysis: BCH/USD overwhelmingly supported at $230
Bitcoin has remained intriguingly bullish after thrusting through several resistance levels this week. Notably, the BCH sunk under the support at $210 on Friday following a relatively bearish market.
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.