Cryptocurrencies price prediction: Bitcoin, Ethereum & Bitcoin Cash - Asian Wrap 17 Sept


Bitcoin price prediction: BTC/USD faces a stack of resistance on the path back to $10,300

Bitcoin is on course for charting its fifth straight bearish day in a row. So far this Tuesday, the price has gone down from $10,269.35 to $10,215.50. Over the previous five days, the price of BTC/USD has dropped from $10,428.45 to $10,215.50, charting a 2% fall in price. 

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Ethereum price analysis: ETH/USD on course of charting six straight bullish days

ETH/USD has had a bullish start to Tuesday, wherein the price went up from 198 to $198.20. In the process, Ethereum managed to have six straight bullish days. Over this period, ETH/USD has gone up from $178.40 to $198.20, going up by 11.10%.

 

 

Bitcoin Cash jumps again as HTC announce BCH tie up

Bitcoin Cash jumped off a key technical level on the same day that HTC announced that Bitcoin Cash will be added to the Zion wallet. Bitcoin Cash is now the third cryptocurrency after Bitcoin and Ethereum to join with Taiwan based consumer electronics giant HTC.

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Bitcoin Chart Analysis: Symmetrical triangle breakout to power BTC/USD above $9700

BTC/USD has charted a symmetrical triangle breakout in the last hour, opening doors for a test of the pattern target at 9746. Despite the bullish breakout, its likely to remain an uphill task for the bulls to achieve the target, given a bunch of healthy resistance levels. 

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XRP/USD clutches above $0.20, is holdling an effective XRP strategy?

Ripple is currently in consolidation above $0.20. Therefore, there is not much that can be said in regard to this week’s price performance, except for the move that tested $0.2150 on Monday.

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ETH/USD may return to $220.00 before another strong rally

Ethereum tested $247.93 during early Asian hours and retreated to $247.70 by the time of writing.  The second-largest digital asset has gained about 1% of its value since the start of the day and stayed unchanged since the beginning of the day.

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IOTA upgrades Hornet node software

IOTA has announced a major upgrade to its Hornet node software, which is the first performance upgrade in IOTA 1.5. the first in a series of planned protocol upgrades.

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Bitcoin Weekly Forecast: BTC/USD needs to go down again before it goes up

After a head-spinning volatility at the beginning of the week, BTC/USD settled above $9,600 with minor gains on a week-on-week basis. A shall Doji candle on a weekly chart is an alarming signal that the bulls are exhausted by uncertainty and large price swings. 

Read the weekly forecast

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