TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum Classic & Ripple – Asian Wrap 03 Aug

Cryptocurrencies Price Prediction: Bitcoin, Ethereum Classic & Ripple – Asian Wrap 03 Aug
FXStreet TeamFXStreet TeamFXStreet

BTC/USD Price Analysis: Bulls defy Sunday sell-off to regain 11,000

BTC/USD follows the general market pullback while picking up the bids near 11,170, up 0.90% on a day, during early Monday. The Bitcoin major dropped heavily on Sunday but couldn’t slip beneath a slightly downward sloping trend line from October 26, 2019.

ETC/USD Price Analysis: Bounce from 100-day SMA keeps buyers hopeful above 7.0000

ETC/USD retraces from the lowest in a week to 7.2900, up 1.60% on a day, during the early Monday. In doing so, the pair takes a U-turn from 100-day SMA, which in turn again pushes in north towards 50% Fibonacci retracement level of February-March downside.

Ripple Market Update: XRP/USD explodes to $0.3250

The cryptocurrency market has been in a bullish momentum for the last couple of weeks. Altcoins and Bitcoin (BTC) have posted incredible gains with some hitting new 2020 highs. Ripple has been able to bring down the hurdle at $0.30 and even top $0.3250.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Ripple holds EMA support as ETF inflows persist

Ripple holds EMA support as ETF inflows persist

XRP ticks up as bulls defend the 200-day EMA support at $1.35. US-listed XRP ETFs record nine consecutive days of inflows, reinforcing steady institutional interest. XRP upholds a constructive bullish bias but risks extending the correction if momentum indicators deteriorate.

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate amid renewed US-Iran strikes

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate amid renewed US-Iran strikes

Bitcoin remains resilient above $78,000 as investors anticipate a renewed push toward $80,000. Ethereum continues to demonstrate a constructive technical setup, holding above $2,400. Ripple is exhibiting early signs of recovery near $1.37.

Bitcoin consolidates near $78,000 as ETF inflows surge

Bitcoin consolidates near $78,000 as ETF inflows surge

Bitcoin trades near $78,000 on Monday, consolidating after its recent rally as strong institutional demand continues to provide support. However, escalating Middle East tensions, rising oil prices and growing inflation concerns dampened risk appetite, which could cap the Crypto King’s upside.

Pi Network stages mild August recovery amid potential DEX environment test

Pi Network stages mild August recovery amid potential DEX environment test

Pi Network is trading around $0.0900 on Monday, continuing its consolidation above the $0.0836 support floor. The PI Testnet has seen around 30 new tokens released under the names of leading corporations, suggesting a potential test of the DEX environment.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.