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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Bitcoin Cash – Asian Wrap 07 Aug

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Bitcoin Cash – Asian Wrap 07 Aug
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC/USD bulls eke out an advantage to form bullish Doji pattern

BTC/USD bulls remained in control of the market for the second straight day. The price has gone up from $11,755.34 to $11,7757.44 to form a bullish Doji pattern. The daily confluence detector shows one strong resistance level at $12,300. This level has the one-month Pivot Point resistance-two, among others.

fxsoriginal

Ethereum gas fees are finally dropping after months, ETH/USD struggles to stay above $400

Ethereum gas fees appear to be dropping gradually as congestion on the network is finally clearing. A couple of days back, the average gas fee was between 30 and 40 Gwei. The minimum amount to get a transaction confirmed in less than 30 minutes was 6 Gwei, as per EthGasStation data.

Bitcoin Cash Market Update: BCH/USD rockets above $300 as $400 draws nearer

Bitcoin Cash is among the biggest winners in the cryptocurrency market on Friday. Besides bringing down the resistance at $300, buyers have extended the price action above $320. BCH/USD is teetering at $324 at the time of writing following consistent bullish action during the Asian session on Friday.

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