Cryptocurrencies price prediction: Bitcoin, Ethereum & Cardano – European Wrap – 29 November
|Ethereum Price Analysis: ETH/USD vulnerable too sharp moves
ETH/USD has settled at $154.00 during early European hours. The second-largest digital asset, with the current market value of $16.5 billion, has gained over 2% both on a day-to-day basis and since the beginning of Friday, moving in sync with the market.
Bitcoin Price Analysis: BTC/USD squeezed in a range during Black Friday trading
Bitcoin hit the low of $6,526 earlier this week; however, a cluster of stop orders cushioned the decline and helped engineer an upside recovery to the area above $7,000. At the time of writing, BTC/USD is changing hands at $7,476, off the recent high of $7,676. The first digital coin has lost about 1.5% since the beginning of the day and stayed unchanged on a day-to-day basis.
Cardano Price Analysis: ADA/USD recovery stopped short of critical resistance
Cardano, now the 12th largest digital asset with the current market value of $1.05 billion, has gained about 5% in the recent 24 hours and over 3% since the beginning of the day. At the time of writing, ADA/USD is changing hands at $0.0407, close to the intraday high.
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