Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Binance Coin – European Wrap 2 September
Bitcoin Weekly Forecast: BTC bears eye $17,500s if buyers do not step in here
Bitcoin price shows an ongoing consolidation as it hovers at the same level for the past six days with no signs of directional bias. A breakout from this tightening range could result in a bearish move that eyes a sweep of the sell-stop liquidity below recent lows.
Ethereum price turns into a battlefield with bulls trying to push higher
Ethereum (ETH) price is attempting to crack above a major moving average that, if it gives way, could open the door to a 20% rally back up to the August highs at $2000, with along the way $1,688 and $1,928 as good handles along the way to book some gains. If bulls can close above the MA by this evening it will give the green light for a jump higher; a close below, however, could trigger a fade lower towards supportive levels as September finally starts to get underway.
Binance Coin Price Prediction: An 18% crash in the making?
Binance Coin price is at an inflection point which could result in a steep correction if sellers take control. However, buyers are also in a position where they can seize control and reverse the trend.
Author
FXStreet Team
FXStreet
