Cryptocurrencies Price Prediction: Bitcoin, Bitcoin Cash and Ripple – European Wrap 15 January


Crypto bulls fight for control while ECB eyes Bitcoin global regulations

A selected number of coins in the cryptocurrency market has posted double-digit gains over the last 24 hours. Polkadot (DOT) rose to new all-time highs above $15, besides it has accrued 25% in the same period. Similarly, Chainlink (LINK) is trading at $18.4 in the wake of a 15% upswing. As reported earlier, Cosmos (ATOM) intends to rally to $10 but currently holds above $8. Read more...

 

BTC/USD 4-hour chart

 

Bitcoin Cash Price Prediction: BCH technicals turn bearish, risking freefall to $400– Confluence Detector

Bitcoin Cash appears to be struggling to hold at $500 in the wake of rejection from highs around $540. A glance at the 4-hour chart highlights increasing overhead pressure. If BCH closes the day under $500, significant downward pressure will come into the picture. Read more...

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Jerome Powell confirms the Fed is studying stablecoin risks, as Ripple dives in the ring for CBDCs' support

The Chairman of the United States Federal Reserve, Jerome Powell, says that the ongoing work regarding stablecoins is of "very high priority. Moreover, the institution has been working on "better regulatory answers for potential global stablecoins particular," during a webinar held on Thursday. Read more...

 

XRP/USD 4-hour chart

 

 

 

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BTC struggles, while ETH dominates and XRP pursues $2

Bitcoin price having trouble shaking the magnet effect of a critical intermediate-term moving average, despite broader strength in the cryptocurrency market. 

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Ethereum Classic looks primed to retrace following 260% rally

Ethereum Classic price displays a lack of bullish momentum as it consolidates below $96.94. A 15% pullback to the immediate demand zone that ranges from $72.23 to $79.37 seems likely. ETC will face a make-or-break point around this support barrier.

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Chiliz anticipates 50% gains

Chiliz price recently bounced off a critical support level at $0.473 and eyes a 50% upswing. CHZ needs to slice through a significant supply zone that extends from $0.593 to $0.657 to seal its bullish fate. A breakdown of the $0.430 support level will signify the start of a new downtrend.

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Ethereum consolidates, but on-chain indicators predict another blastoff soon

Ethereum price is tightly wound as its range-bound movement continues after setting up an all-time high on May 5. ETH might retest its swing low before surging higher and potentially rallying to new highs.

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Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

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