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Cryptocurrencies Price Prediction: Bitcoin, Ethereum, & Bitcoin Cash – Asian Wrap 08 Jul

Cryptocurrencies Price Prediction: Bitcoin, Ethereum, & Bitcoin Cash – Asian Wrap 08 Jul
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD bears currently look to conquer support at SMA 20 curve

BTC/USD dropped from $9,255.80 to $9,255.15 as the bears remained in control for the second straight day. Currently, the price is sitting on top of the SMA 20 curve. The Elliott Oscillator has had four consecutive green sessions, while the MACD shows that market momentum is presently bullish. 

Ripple Technical Analysis: XRP/USD bears take price below $0.185

XRP/USD bears remained in control for the second straight day as the price fell from $0.1852 to $0.1848. Despite the bearish price action, the Elliott Oscillator has had seven consecutive green sessions, showing that the overall market sentiment is still bullish.

Bitcoin Cash Price Analysis: BCH/USD explodes 2% higher in minutes

The cryptocurrency market is dominantly in the green mid-through the week’s trading. Bitcoin Cash has not been left behind following a 2% steady rise on the day in a matter of minutes. Some of the best-performing cryptocurrencies include Ripple (XRP) up 4.62%, EOS up 1.89% and IOTA (IOT) up 1.93%.

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Crypto Today: Bitcoin, Ethereum hold steady as XRP struggles ahead of Fed rate decision

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.