Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple - Asian Wrap 17 Oct

Bitcoin price prediction: What next after BTC/USD breaks below $8,000?

BTC/USD suffered a heavily bearish Wednesday, wherein its price fell from $8,158 to $7,994, going below the $8,000-level in the process. So far today, the price has fallen further to $7,975. 

 

Ethereum price analysis: ETH/USD dips below $175 as bears continue to be on the driver’s seat

ETH/USD went down from $180.85 to $174.65 this Wednesday. So far, it has fallen further to $174.15. The hourly chart shows us that the price of the asset fell from $179.20 to $174.15 in just two hours.

 

Ripple price analysis: XRP/USD on the verge of rising channel breakdown

The bears have in full swing resumed their control over the entire cryptocurrency market. Even assets that have been immune to losses in the past few days such as XRP are feeling the pinch.

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.