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Cryptocurrencies Price Prediction: Bitcoin Cash, OMG & Tron – European Wrap 20 October

Cryptocurrencies Price Prediction: Bitcoin Cash, OMG & Tron – European Wrap 20 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Cash Price Forecast: BCH forced into consolidation between strong levels – Confluence Detector

Bitcoin Cash plummeted from $292.25 to $207.30 between September 2 to September 23. Following that, the price recovered till October 15, hitting the $262.65 resistance line. Since then, the Bitcoin fork has dropped to $249 and is trapped between the 100-day SMA ($253) and 200-day SMA ($246). The MACD also shows decreasing bullish market momentum, which doesn’t bode well for the buyers. Read More ...

BCHUSD daily chart

OMG Network Price Forecast: OMG prepares to dump some more

The drab action across the cryptocurrency market is not sparing OMG Network. A bullish momentum put in place towards the end of September lost steam at $4.4 earlier in October. Over the last three weeks, OMG has narrowed beneath a descending trendline. Read More ...

OMG/USD price chart

TRON Price Prediction: TRX ready for a major price explosion according to indicators

Tron has been trading inside a tight range from $0.028 to $0.0239 for the past three weeks without a clear direction. Several indicators show that TRX is on the verge of a massive breakout, but in which direction? Let’s take a look at some different metrics to find out. Read More ...

trx price

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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 recovery stalls as Ripple and Robinhood expand partnership scope

XRP recovery stalls as Ripple and Robinhood expand partnership scope

Technically, XRP is still in the woods, with the 50-day EMA limiting the token’s recovery potential. Ripple (XRP) faces short-term hurdles, trading around $1.33 on Wednesday.

Bitcoin reclaims $81,000 as traders await Fed policy decision, Big Tech earnings

Bitcoin reclaims $81,000 as traders await Fed policy decision, Big Tech earnings

Bitcoin reclaims $81,000 on Wednesday, extending its recovery as investors await the Fed’s policy decision and upcoming Big Tech earnings. Spot Bitcoin ETFs record an inflow of $175.99 million on Tuesday, marking a second consecutive day of inflows.

Crypto Today: Bitcoin, Ethereum, XRP recover ahead of Fed decision

Crypto Today: Bitcoin, Ethereum, XRP recover ahead of Fed decision

Bitcoin has renewed its advance above $81,000 on Wednesday, lifting sentiment across the cryptocurrency market ahead of the upcoming Fed's interest rate decision. Ethereum follows in Bitcoin’s footsteps. Ripple is similarly edging higher above $1.33.

Pi Network stalls as Core Team expands investment fund to Axis Robotics

Pi Network stalls as Core Team expands investment fund to Axis Robotics

Pi Network hovers around $0.0766 on Wednesday, holding steady after a roughly 2% rebound on Monday. Axis Robotics officially confirmed that it has received seed investment from Pi Ventures, which focuses on the technical integration of AI and robotics.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.