Cryptocurrencies Price Prediction: Bitcoin, EOS & NEO – American Wrap 15 September

FXStreet Team FXStreet

Bitcoin price charts hint $11K will likely cause trouble for BTC bulls

The price of Bitcoin is regaining bullish momentum, however, the critical resistance level around $11,000 may remain intact for an extended period.

While Bitcoin (BTC) has been showing weakness in recent weeks as BTC price dropped from $12,000 to $10,000, some light at the end of the tunnel is showing up.

EOS Price Analysis: EOS fails to capitalize on its entry into the DeFi space

Like the rest of the market, EOS had a fantastic bull rally from its low on March to a high of $3.94 in August, a 194% price increase. Unfortunately, the digital asset is already down 30% from the peak and has dropped to the same price levels from April until July.

NEO Price Analysis: NEO forms a double top but the bullish sentiment persists

NEO established the 2020-high on August 30 at $22.9. Around two weeks later, the digital asset managed to touch $22.53 and pulled back, forming what is known as a double top, a bearish pattern.

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Ripple holds $1.82 support as low retail demand weighs on the token

Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market.

Aster declines for fifth straight day despite buyback efforts

Aster trades under intense selling pressure, recording 3% loss at press time on Thursday. The perpetual-focused exchange resumed its Stage 4 buyback program on Wednesday and currently holds almost 52 million ASTER tokens.

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Bitcoin eyes short-term breakout above $87,000, underpinned by a significant increase in ETF inflows. Ethereum defends support around $2,800 as mild ETF outflows suppress its recovery. XRP holds above at $1.82 amid bearish technical signals and persistent inflows into ETFs.

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin is attempting to stabilize, holding near $87,000 on Thursday after this week’s pullback. Institutional demand shows signs of optimism, as US-listed spot Bitcoin Exchange-Traded Funds (ETFs) recorded fresh inflows of over $457 million on Wednesday.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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