Cryptocurrencies price prediction: Bitcoin, EThereum & Bitcoin Cash - Asian Wrap 30 Oct


BTC/USD still struggling to break past $9,500

Bitcoin is on course for charting three straight bearish days as the price fell from $9,439 to $9,342 so far this Wednesday. The hourly breakdown shows us that there is strong intraday resistance at $9,463.50, which the price is struggling to break above.

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ETH/USD keeps trending in an upward channel formation

ETH/USD daily chart is currently trending in an upward channel formation. This Wednesday, the price is trending around $191 and must break past resistance at $193 to continue the positive momentum.

 

BCH/USD steps above $300 as bulls yearn for control

Bitcoin Cash is the biggest single-digit gainer among the top ten cryptocurrencies by market capitalization. Mid-week through this week’s trading, the crypto is up over 3% on the day. Besides, it has touched levels at $306 on the upside before adjusting to the current $298.

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Bitcoin ready for bullish continuation as crypto bull cycle pauses

The cryptocurrency market has taken a hiatus after a gruesome week of overbearing declines. Bitcoin failed to break the resistance at $52,000 but headed south, resting the support at $45,000.

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XLM on the brink of a 45% collapse, shows technicals

Stellar price already had a significant 50% sell-off from its top of $0.60 but the bears could be eying up even more. There is a lot of downside potential for XLM as several indicators show it could be poised for another leg up.

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LTC whales go into a buying spree, eying up $260

Litecoin price remains bounded inside an ascending parallel channel on the 12-hour chart after a significant sell-off from $247 down to $157. It seems that LTC whales have taken advantage of the recent dip to buy even more.

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DEXTF Protocol launches incentivization program on SushiSwap offering 376% APY

DeFi users will be able to generate massive returns as the SushiSwap Onsen protocol is about to offer a new incentivization program developed by DEXTF Protocol. 

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Bitcoin Weekly Forecast: BTC journey to $100,000 might be easier than expected

This past week has been extremely beneficial for Bitcoin which jumped by 30% since Monday 8. Several positive announcements, especially Tesla purchasing $1.5 billion worth of the digital asset propelled the flagship cryptocurrency to new highs.

Read the weekly forecast

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