Cryptocurrencies Price Prediction: Bitcoin Cash, Monero & Cardano – Asian Wrap 27 Oct
Bitcoin Cash Price Forecast: BCH downside capped off at 200-day SMA – Confluence Detector
Bitcoin Cash found support at $240 and rose to $276 between October 21 and October 24. Since then, the price experienced a severe downturn as BCH plummeted to $260, as of press time. Further downward movement will probably be inhibited by the 100-day SMA ($256.25), 200-day SMA ($247) and 50-day SMA ($236).
Monero Price Prediction: XMR targeting $100 after seemingly forming a double top
XMR is trading at $131.54 after hitting a robust resistance level at $139. XMR is up by 13% in the past five days and has confirmed uptrends on the daily chart and the 12-hour chart. Monero is currently ranked 14th by market capitalization, with $2.32 billion.
Cardano Price Prediction: ADA poised for a steep correction despite the current uptrend
Cardano had a notable slip from $0.11 to a low of $0.101 on October 19, before finally recovering two days later. Unfortunately, it seems that the digital asset has crashed again, breaking the last support level established on October 19.
Author
FXStreet Team
FXStreet
