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.

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Bitcoin Price Analysis: BTC/USD consolidation lags triangle breakout

Bitcoin remained under pressure during the entire weekend. The attempts made to stay above $7,200 support failed, leaving to the path of least resist ace to be below $7,000. Bitcoin’s immediate upside is limited by the 50 SMA on the 2H chart.

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Ethereum Price Update: ETH/USD defends $140 support yet again

Ethereum is largely unchanged compared to the levels towards the end of last week. The pressure oozing from the bears continued across the weekend session. Besides action beyond $145 remained limited.

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Ripple Price Analysis: XRP/USD spirals in freshly reignited downward momentum

Ripple has ignited the bearish momentum breaking the weekend-long support at $0.2160. The losses come after an attempt to break out from the descending channel resistance failed.

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Cardano’s IOHK celebrates 120 staking pulls less than 24 hours after testnet launch

The research firm in charge of developing Cardano, a major cryptocurrency, IOHK was delighted to announce the fantastic performance of the newly launched testnet.

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Bitcoin Weekly Forecast: It's all about whales again

On the cryptocurrency market, regulators, governments and central bankers and other big names like that are inferior to whales when it comes to generating trends and price movements.

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