Cryptocurrencies price prediction: Bitcoin, Bitcoin Cash & Ethereum - Asian Wrap 12 Sept


Bitcoin price prediction: BTC/USD has strong support at $10,050 as bears take over the market

BTC/USD went up from $10,095 to $10,162.15 this Wednesday, following a late rally by the bulls. So fat, the asset price has gone down to $10,145 in the early hours of Thursday.

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Bitcoin Cash price analysis: BCH/USD strings together four bearish days, drops below  $300

BCH/USD is on the course of having four straight bearish days. In the early hours of Thursday, Bitcoin Cash has gone down from $299.25 to $297.35. Over the last four days, BCH/USD has gone down from $307.30 to $297.35.

 

ETH/USD technical analysis: Ethereum finds support

On the hourly ETH/USD chart below price bounced off the 173.78 support zone as bulls stopped the pair breaking through an important area. The volume histogram at the bottom of the chart shows 9.43K worth of volume coming in to save Ethereum from moving lower.

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Bitcoin: Is this just a small blip?

Bitcoin is moving lower on Friday but it has found some short term support. The BTC/USD found support at the 2.00 Fib extension level close to 8,500. On the topside, the area to watch for resistance is marked in red. This red zone has been used as support and resistance in the past and if broken could indicate the move lower was just a blip.

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ETH/USD deadly weekly evening star followed up with another bearish candle

Ethereum price is trading in the red by 3.30% in the session on Friday. ETH/USD is running towards a complete reversal of 2020 gains. 

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XRP/USD is stuck in the middle of a very congested area

Ripple trades 2% lower in another down day for cryptos. The price is now between 3 key support and resistance zones.

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TRX/USD looks to base out on the hourly chart

TRON bounced back on Friday despite weakness in the major coins. The price now seems to be trying to find a base.

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BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC bulls plot the revenge

Bitcoin's market capitalization settled at $176 billion, which is 62.8% of the total digital assets market.

Read the weekly forecast

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