Cryptocurrencies price prediction: Bitcoin, Ripple & Monero - Asian Wrap 1 Oct
|BTC/USD technical analysis: Pattern break points to further upside potential
After hitting a low of 7,701.00 on the Coinbase exchange price has now consolidated and moved higher. There was a descending triangle formation which has now broken to the upside and the next possible target could be the resistance at 8,677.92.
Ripple price update: XRP/USD bulls unleash the bullish card for two straight days
Ripple bulls towered the cryptocurrency market with more than 7% gains in value on Monday. This followed the announcement that the blockchain company has acquired a cryptocurrency trading platform to help push its cross-border agenda in Europe.
XMR/USD technical analysis: Monero holds of 50.000 but for how long?
XMR/USD is in a clear downtrend and in around five months has lost a massive 53%. It does look like XMR is trying to base out but the price is hugging the bottom of the falling wedge pattern.
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