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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 27 September

JUST IN: Bitcoin price breaks $20,000, bears hit by pain of $45.5 million liquidations

Top analysts have revealed a bullish outlook on Bitcoin as the asset breaks past the $20,000 level. BTC has outperformed traditional markets and yielded 8% gains overnight. 

BTC/USDT Perpetual Futures

Ethereum price eyes $1,450 as post-Merge tax problems arise

Ethereum price shows a steady climb over the last twelve hours as a direct consequence of the sudden spike in Bitcoin price, which influences the whole crypto market. This run-up is likely going to continue a little higher or at least until the big crypto decides to reverse and undo recent gains. Therefore, investors should keep a close eye on BTC for indications as to where the tide is heading.

ETH/USDT 1-day chart

XRP price cools off before preparing for its next 100% rally

XRP price shows an interesting development in the lower time frame that hints at a potential retracement. The higher time frame scenario also entertains the possibility of a deeper pullback after its recent explosive move.
XRP/USDT 1-hour chart

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Bitcoin (BTC) is trading below $90,000 at the time of writing on Friday, down nearly 5% this week. Despite a brief improvement in risk appetite following US President Donald Trump’s mid-week speech at Davos, the Crypto King remains under pressure as institutional demand continued to weaken so far this week.