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

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

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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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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XRP consolidates above key support as exchange reserves rise

XRP consolidates above key support as exchange reserves rise

Ripple (XRP) trades elevated above $1.52 on Tuesday despite experiencing a minor correction from the previous day’s high of $1.57. XRP framed the uptrend last week, rising alongside the broader bullish cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP rally slows amid rising ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP rally slows amid rising ETF inflows

The cryptocurrency market remains elevated on Tuesday, with Bitcoin trading around $85,798, nearly 49% above the year low of $57,756. Ethereum and Ripple trade within a robust bullish outlook above $2,700 and $1.51, respectively.

Pi Network pulls back despite Protocol v27 completing final testnet step

Pi Network pulls back despite Protocol v27 completing final testnet step

Pi Network is trading in the red on Tuesday, retreating from the day’s high of $0.0947 and risking a steeper correction. The upcoming protocol v27 completes its final step on the testnet, after which the smart contract feature will roll out to the mainnet.

Bitcoin pauses rally as profit-taking reaches yearly high

Bitcoin pauses rally as profit-taking reaches yearly high

Bitcoin pulls back, trading below $85,500 on Tuesday after surging 6.7% and reaching $87,395 the previous day. US-listed spot Bitcoin ETFs recorded nearly $1 billion in inflows on Monday, while Strategy added 950 BTC to its treasury holdings.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.