Cryptocurrencies Price Prediction: Bitcoin Cash, Ripple and Ethereum Classic – European Wrap 6 August

Bitcoin Cash Price Analysis: BCH/USD stalls under $300 as consolidation takes precedence

Bitcoin Cash recently broke above the resistance at $250 which gave the price a boost past $300. A five-months high was traded at $340, marking the end of the rally commenced mid-July. BCH/USD retreated under $300 dealing on being dealt a blow by the descending trendline resistance. Read more ...

Ripple Price Forecast: XRP/USD building gains above $0.30

After rising to $0.3278 on August 2, Ripple embarked on a gain-trimming exercise to the extent of refreshing lower levels at $0.24. Although there were several recovery missions, none made it above $0.32. For some time this week, price actions were limited under $0.30 except for the shallow spike above $0.30 on Wednesday. Read more ...

Ethereum Classic Market Update: ETC/USD under pressure following 51% attack

Ethereum Classic (ETC) attempted a recovery to $7.35 on Wednesday, but failed to hold the ground and dropped below $7.00 in a matter of minutes. By the time of writing, ETC has recovered to retreated to $7.10. The coin dropped below has lost nearly 2% since the start of the day, however, it is still above the critical $7,00, which is a positive signal for the bulls. Ethereum Classic take the 25th place in the global cryptocurrency market rating with the current capitalization of $824 million. Read more ...