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 Price Analysis: Bearish technical signals point to a test of the 6K area

Bitcoin is looking bearish on Wednesday as the price moved 3% lower after rejecting higher levels. The market bounced off the blue trendline and pushed through the 55 and 200 hourly moving averages.

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Ripple Price Analysis: Bearish technical signals could seen XRP to 0.1600

Ripple has had a good run at testing upside targets recently but it seems there was no breaking 0.1800 for now. Now it seems the trendline in black on the chart has been broken to the downside.

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ETH/USD locked in a range; short-term recovery capped by $134.40

ETH/USD is changing hands at $132.00, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The second-largest digital asset has been moving within a short-term bearish trend amid high volatility. 

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Monero Price Analysis: XMR pushes higher towards the 50.00 level

Monero has caught a bid late in the US session on Wednesday after trading lower for most of the day. The price has just recently moved through the moving averages (55 & 200) which can be considered a bullish sign. If the black resistance line at 48.20 ...

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Bitcoin Weekly Forecast: Coronavirus will either kill Bitcoin or make it stronger

Bitcoin is about to finish the second positive week in a row. The first digital coin has recovered from $5,680 and came close to psychological $7,000 during the week.

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