Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Crypto.com – American Wrap 16 September


Bitcoin Price Prediction: Another BTC bulls massacre on the way - Confluence Detector

BTC/USD is changing hands at $10,980, getting ready to retest the psychological barrier of $11,000 for the first time since the sharp sell-off on September 3. As the price broke from the triangle pattern and extended the recovery above the local resistance of $10,700, many bullish BTC traders believe that the coin is on the verge of a massive upside move. However, the technical and on-chain data paints a different picture.

Ethereum Price Prediction: ETH grand rally to $1,000 imminent as ETH 2.0 launch beckons

Ethereum is a renowned platform for decentralized smart contracts. Since its launch, the smart contracts network has given life to a myriad of cryptocurrency projects. However, with success comes responsibility and challenges. For Ethereum, the burden comes with supporting programs currently executing on its blockchain, ensuring security and reliability, among other vital things. Similarly, Ethereum has faced several challenges relating to network congestion, scalability, transaction processing time, capacity, and the latest gas fees increase.

Crypto.com Price Analysis: CRO facing a multiple-month correction despite 500% YTD returns

Crypto.com had one of the best years in the cryptocurrency industry, establishing itself as a top 10 coin by market capitalization and outperforming the rest. CRO price peaked at $0.191 in August, its all-time high, and it's currently trading at $0.169 after a brief correction period. 

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Craig Wright’s lawsuit heads to trial after Federal court denied motion for summary judgement

Dave Kleiman was a computer forensics expert and was allegedly involved in the creation of Bitcoin. Craig Steven Wright, which claims to be Satoshi Nakamoto, the actual inventor of the cryptocurrency, also claims Kleiman was involved in his creation.

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Ethereum erases $4 billion in market capitalization within hours

Ethereum formed a bear flag on the 4-hour chart which started its flag pole On September 1. The upwards consolidation period started on September 6 and the pattern has now clearly broken bearish now but has not yet slipped below the low of the pole at $310. 

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Bitcoin Price Prediction: BTC needs to defend critical support level at $10,600

Bitcoin was trading inside an ascending triangle pattern between September 3 and September 15, which is created when the price establishes higher lows and a horizontal trendline around the swing highs. 

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Swipe Price Analysis: SXP doomed to retest $1 as critical support weakens

Swipe (SXP) is one of the worst-performing tokens out of top-100. The coin has lost nearly 15% of its value in the last 24 hours to trade at $1.28. The coin peaked at $5 on August 13 and has been moving down steadily ever since, losing over 70%.

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Bitcoin Weekly Forecast: BTC crystal ball gives bulls a faint flicker of hope

Bitcoin staged a healthy recovery this week. The pioneer digital currency price took off from the support area of $10,000 and touched the next psychological line of $11,000.

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