Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 9 September


Bitcoin Price Prediction: BTC foreseeable tumble to $9,000

Bitcoin bulls are focused on breaking short term resistance at the 50 Simple Moving Average (SMA) in the hourly timeframe. The push for recovery comes after another dip to $10,000. Last week, support above $9,750 once again failed to make the much anticipated CME gap to $9,600, discussed on several accounts by the FXStreet’s team since last week. For now, the path of least resistance appears to be upwards but can the flagship cryptocurrency sustain momentum above $10,250. Read more ...

 

BTC/USD price chart

Ethereum Price Prediction: ETH eyes $250, but why are whales on a buying frenzy?

The smart contract cryptocurrency, Ethereum, has been pivotal between the key support at $320 and the critical resistance at $360 since September 5. The lock-step trading happens in the wake of a devastating fall from August highs at $489 to September’s support at $310. Read more ...

 

ETH/USD price chart

Ripple Price Analysis: XRP may have bottomed out, ready to retest $0.27

Ripple's XRP is the fourth-largest digital asset with the current market capitalization of $10.66 billion and an average daily trading volume of $2.28 billion. At the time of writing, XRP/USD is changing hands at $0.2370, down 1.3% in the past 24 hours, and mostly unchanged since the beginning of Wednesday. Read more ...

 

XRP/USD

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Top 3 Gainers: OMG, SXP, and STORJ explode 70% and are eying up more gains

The entire cryptocurrency market is bouncing back up, strongly gaining more than $28 billion in market capitalization over the past week. Some of the biggest gainers include OMG, SXP, and STORJ. 

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The final testnet of Ethereum 2.0 Spadina goes live; ETH reaction muted

Ethereum developers announced the launch of Spadina, the last test version of Ethereum 2.0. According to the announcement, it will be active for three days and serve as a general rehearsal before the Ethereum 2.0 goes live. 

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LINK goes through consolidation, preps for a breakout

LINK broke above the downward trending line this Thursday and is currently trending horizontally between the $10 support line and the SMA 20 curve.

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Bitcoin's mass adoption passes the point of no return

Bitcoin was created in response to the Financial crisis of 2008 and developed within a narrow circle of computer geeks, coders, and libertarians fixated on personal freedom, anonymity, and independence from all sorts of authorities. 

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Bitcoin Weekly Forecast: Keep calm and HODL on until the USA elects the president

Bitcoin (BTC) partially regained the losses incurred at the beginning of the week; however, the upside momentum is still too weak to take the price out of the bearish territory and ensure a sustainable recovery. 

Read the weekly forecast

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