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

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

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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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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