Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 11 Sept

Bitcoin price prediction: Daily confluence detector shows strongest resistance level at $10,450

BTC/USD managed to have a bearish start to Wednesday following three straight bearish days. Over the last three days, the price of BTC/USD went down from $10,495 to $10,100.

 

Ripple market update: XRP/USD still struggling with acute trendline resistance

Ripple’s bearish action is far from taking a breather. The week’s third day of trading has commenced in declines as well. From an opening price of $0.2585, XRP/USD explored lows around $0.2568. Although the cryptoasset touched highs of $0.2609, its upside is still acutely capped by the majestic sellers’ grip.


Ethereum price analysis: ETH/USD stops within a whisker of 50% Fibo support

The sellers on the cryptocurrency market are still holding the buyers at hostage. In fact, is this situation continues a while longer, investors will start getting jitters. It is good to consider ETH has plunged from highs above $360 to test lows around $155.

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.