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Cryptocurrencies price prediction: Bitcoin, Bitcoin Cash & Ethereum - 30 July

Bitcoin price prediction: BTC/USD may break free from range to the downside - Bitcoin confluence

Bitcoin (BTС) is oscillating in a tight range marginally below $9,500 handle. While the first digital asset managed to recover from the weekend low, the upside momentum remains to be weak, which makes it vulnerable to further sell-off. 

Bitcoin confluence levels 

The market has been rangebound recently, though strong resistance area located right above the current price implies that the range might be broken to the downside.

Let's have a closer look at the barriers that might influence Bitcoin's movements in the short run.

fxsoriginal

Bitcoin Cash price analysis: Bulls ready to give BCH/USD a push above the 61.8% Fib level

Bitcoin Cash is the generally bearish market a nice shed of green today. Besides, BCH the other cryptos subtly in the green are Bitcoin and Monero. With a relative change of +2.57, the price is up 0.87% on Tuesday. It opened the session at $305.31, surged to $309.23 before correcting lower to the current market value at $307.

Looking at the hourly chart, a higher low pattern has been forming since the lows touched on July 24. The price soared to highs above $325 on July 27. A high formed at $326.28 (Fib level swing high), in turn, giving the bears the power to revenge.

Bitcoin Cash

Ethereum price analysis: ETH/USD glued to $200 amid desperately low volatility

Ethereum, the second-largest cryptocurrency with the current market capitalization of $22.3 billion, has recovered from the recent low of $197.50 and settled marginally above $200 handle.  The coin has stayed mostly unchanged both on a day-on-day basis and since the beginning of Monday, moving in sync with the broader market. 

Ethereum

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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