Cryptocurrencies price prediction: Bitcoin, NEO & Ethereum - Asian Wrap 1 Nov
|Bitcoin price prediction: Price keeps consolidating above $9,000
BTC/USD bears have remained in control of the market this Friday as the price went down from $9,156.25 to $9,117.30. Previously, the sellers managed to eke out the buyers this Thursday, as the price fell from $9,164.35 to $9,156.25.
NEO price analysis: NEO/USD bulls fixated on saving $10 support
The depression in the cryptocurrency market continues to hit new levels. Cryptos are largely in the red led by NEO which has sunk 2% on Friday. The digital asset commenced the trading at $10.594 (also the intraday high). The only price action NEO has made today is bearish where it touched lows of $10.31.
Ethereum technical analysis: ETH/USD encounters resistance at the SMA 50 curve
ETH/USD is trading for $182.50 as the bears and bulls are engaged in a war for control. The price has encountered resistance at the 50-day Simple Moving Average (SMA 50) and is trending above the SMA 20 curve.
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