Cryptocurrencies price prediction: Bitcoin, Bitcoin Gold & Dash - Asian Wrap 15 Jan


Bitcoin Price Prediction: BTC/USD has a clear path back to the $9,000 zone

BTC/USD has had a bearish start to this Wednesday after an exceptionally bullish Tuesday, wherein the price jumped from $8,107 to $8,815. Presently, the price has dropped to $8,730.50, but the daily confluence detector shows a complete lack of strong resistance levels on the upside. In other words, if the bulls regain their momentum, they will push the price above the $9,000-level. 

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Bitcoin Gold Price Analysis: BTG/USD smashes through obstacles as the $20 level beckons

Bitcoin Gold is the perfect example of the phrase ‘from the ashes we rise.' The cryptocurrency has almost tripled its value at the beginning of January. The majority of the gains took place on Tuesday as the crypto market roared above key resistance levels.

 

Dash Price Analysis: DASH/USD breaks past $100-barrier for the first time since September 2019

DASH/USD spiked from $89 to $122 in the early hours of Wednesday. These six consecutive bullish days have taken the price above the $100 psychological level for the first time since September 2019. Two indicators show that the asset is currently overpriced - DASH/USD hovering above the 20-day Bollinger Band and the Relative Strength Index (RSI) trending around 90, deep within the overbought zone.

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Bitcoin stares into the abyss as $12,000 hurdle holds

Bitcoin price continues to struggle with building bearish pressure at $12,000. All attempts made from Monday to rise and hold above $12,000 have all ended up in losses towards the short term support at $11,800.

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XRP/USD seeking support above $0.30 following trendline resistance breakdown

Ripple’s fight for gains above $0.30 continues in the second week of August. The price action last week saw XRP/USD rise to highs above $0.32 before hitting a snag at $0.3264. This barrier woke up ...

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ETC/USD lock-step trading delays breakout beyond $7.20

Ethereum Classic hit a new monthly high on August 2 at $8.304. The impressive price action from mid-July saw various technical barriers easily pushed into the rearview. However, action towards $8.5 ...

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Tezos Price Analysis: XTZ/USD bulls keep flying higher, price consolidates above $4.30

XTZ/USD bulls have stayed in control for four straight days. The price has gone up from $4.256 to $4.33 in the early hours of Tuesday, as consolidation continues above $4.30. William’s %R is trending ...

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Bitcoin Weekly Forecast: BTC hit the pause button before a decisive breakthrough

Bitcoin lived through a wild roller-coaster move during the previous weekend. The coin hit the new 2020 high above $12,000 and crashed to $10,500 in a matter of hours. 

Read the weekly forecast

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