Cryptocurrencies price prediction: Bitcoin, Bitcoin Cash & DASH - Asian Wrap 02 Dec


BTC/USD reclaims $7,400 following a drab weekend session

Bitcoin is trying to get a fresh for a new week and in the new month. This month is special because, in the past, it has been the turn-around for long term down trending crypto markets. Meanwhile, Bitcoin is slightly bullish on Monday towards the end of the Asian session.

 

BCH/USD further breakdown eyeing $180 lingers

Bitcoin Cash corrected lower over the weekend, where it made a return slightly below $210. The recovery from lows close to $190 took advantage of the high congestion of buyers in the area, majestically pulling Bitcoin above $220 and close to $230. However, the generally bearish market across the weekend trimmed the majority of the gains.

 

DASH/USD breakout leads cryptocurrency recovery

Dash bulls have been intentional in their quest for recovery, possibly hunting for a better close to year. After finding support at $48 following the declines in November, Dash recovered to highs above $62. However, the bulls started to lose ground toward the end of the month.

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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300. A shall green candle on a weekly chart is a promising signal, though the market is still gripped with uncertainty at this stage. 

More Bitcoin News

XRP/USD drops below $0.2000 after a failure at $0.2030

XRP/USD tested the intraday high at $0.2031, but the strong resistance located around this area discouraged the short-term bulls and pushed XRP/USD below $0.2000 by press time.

More Ripple News

ETH/USD breaks out into the $220 zone, will it be $230 or $210 next?

Ethereum price followed in the footsteps of the largest cryptocurrency by market capitalization, Bitcoin. BTC sprung upwards and for the first time in seven days, stepped above $9,600.

More Ethereum News

EOS/USD slumps below 4-hour SMA200, focus on $2.54

EOS/USD attempted a recovery above 4-hour SMA200 (currently at $2.65) and touched the intraday high at $2.67. However, the upside momentum proved unsustainable as the price of the digital asset dropped to $2.62

More EOS News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300.

Read the weekly forecast

BTC

ETH

XRP