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Cryptocurrencies Price Prediction: Bitcoin Cash, Ethereum & Polkadot – American Wrap 15 December

Cryptocurrencies Price Prediction: Bitcoin Cash, Ethereum & Polkadot – American Wrap 15 December
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Cash price gearing up for a potential pullback to $270

Bitcoin Cash price has been able to establish a 12-hour uptrend and climbed above two critical support levels in the form of moving averages. The digital asset aims to climb above $300, but could be facing a mild correction in the short-term first. 

Ethereum price aims for $618 as close to 1.5 million are locked in Eth2 deposit contract

With around 1,498,753 Ethereum locked out of circulation, the bullish momentum of the digital asset continues soaring. It currently trades at $586 and aims for a potential price target of $618 in the short-term.

Polkadot price is poised for a 60% move, critical pattern suggests

Polkadot had a huge rally since it started trading in August 2020, jumping towards its all-time high at $6.8 on September 1. Since then, the digital asset has been under consolidation and now awaits a clear breakout or breakdown of its consolidation pattern, currently trading at $5.10.

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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 holds bearish bias despite spot ETF inflows

XRP holds bearish bias despite spot ETF inflows

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Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

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The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.