Cryptocurrencies Price Prediction: Bitcoin, Ethereum and IOTA – European Wrap 15 October


Bitcoin Price Forecast: BTC upward movement inhibited by $11,700 resistance line

The premier cryptocurrency has been on a major upswing since September 23, as it has gone up from $10,225 to $11,285, since then. Of late, the price movement has become a little lethargic. However, it should be noted that this is probably a short-term retracement before the price resumes its upward movement. Read more ...

 

BTCUSD daily chart

Ethereum nears the make or breakpoint

Ethereum carries on with the dance between the support at $370 and the short term resistance at $385. On the upside, $390 remains the most vigorous resistance and the barrier to the action above $400. If retested and broken, Ethereum will quickly rush above $400, shifting the focus to $500. However, if the resistance remains intact, a reversal could come into the picture, pulling Ether to the 100 SMA support on the 4-hour chart. Read More ...

 

 

ETH/USD price chart

IOTA Price Forecast: IOT regaining ground to $0.3

IOTA's bulls are working around the clock, searching for substantial support following a rejection the digital asset encountered marginally under $0.3. Recovery ensued from the support established at $0.23. However, the uptrend targeting $0.30 and $0.4 delayed due to the intensifying bearish grip. Read more ...

 

IOT/USD price chart

Bitcoin Price Forecast: BTC upward movement inhibited by $11,700 resistance line

The premier cryptocurrency has been on a major upswing since September 23, as it has gone up from $10,225 to $11,285, since then. Of late, the price movement has become a little lethargic. However, it should be noted that this is probably a short-term retracement before the price resumes its upward movement. Read more ...

 

BTCUSD daily chart


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