|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum and BAND – European Wrap 17 September

Bitcoin Price Analysis: BTC poised to retest $10,500 before the growth resumed

As we reported in our previous analysis, the TD Sequential indicator created a sell signal, which is now confirmed by the ninth bar and a developing bearish harami pattern. This candlestick formation consists of a long bullish candle followed by the second candle in the body of the first one. Once confirmed, this pattern will increase the probability of Bitcoin's downside reversal with the first target at $10,700 (the middle line of the daily Bollinger Band), and $10,500, the barrier that served as a strong resistance during the first and the second weeks of September. Read more ...

BTC/USD

Ethereum Price Analysis: ETH fundamentals imply that something big is brewing

ETH/USD has been one of the best-performing coins out of the top-10 on Thursday. The second-largest digital asset price has gained nearly 4% since the beginning of the day and 4.5% since this time on Wednesday. At the time of writing, ETH/USD is hovering around $380. The coin is moving within a short-term bullish trend amid high volatility. Read more ...

ETH/USD price chart

Band Protocol Price Prediction: BAND unstoppable breakdown eyes $5 for support

Band Protocol users become accustomed to declines since its listing on Coinbase. The token embraced an impressive rally following the listing, which saw it almost close in on the critical resistance at $18. However, after forming a double top pattern as previously discussed, the token started to trim the gains that had been accrued. Meanwhile, BAND has dived 60% since the listing on Coinbase and is doddering at $6.91 at writing. Read more ...

BAND/USD price chart

Author

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.

More from FXStreet Team
Share:

Editor's Picks

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC 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 ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

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.