Cryptocurrencies price prediction: Bitcoin, Ethereum & EOS - 25 July


Bitcoin price prediction: BTC/USD faces two healthy resistance levels in path back to $10,000

BTC/USD has had a bearish Wednesday wherein the price fell from $9,856 to $9,771.50. In the process, BTC/USD has strung together four straight bearish days where the price fell from $10,768 to $9,771.50, falling by 9.25%. The daily confluence detector shows two prominent resistance levels in its path back to the $10,000-level. On the downside, there aren’t any healthy support levels, indicating a further drop in price.

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Ethereum price analysis: ETH/USD in recovery mode, gains over 8%

Ethereum, the second-largest cryptocurrency with the current market capitalization of $23.7 billion, is hovering above critical $220,00 рфтвду. The coin tested area above $225.00 during early Asian hours; however, this barrier remains unbroken so far.

Ethereum

EOS price analysis: EOS/USD trending in an upwards channel formation

EOS/USD has had a bullish Wednesday, as the price went up from $4.15 to $4.46, charting a 7.47% increase in valuation. In the process, EOS/USD managed to have two bullish days in a row.  Plus, four out of the last five sessions in the EOS/USD daily price chart were bullish. 

EOS

 

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BTC bulls bank on S&P 500 rally and new fiscal stimulus

Bitcoin (BTC) is creeping towards $9,300 on Monday, however, all previous attempts to settle above this area proved to be futile. Bitcoin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Monday, while its market dominance dropped to 62.2%. 

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XRP/USD glued to $0.2000 after a failed recovery attempt

Ripple's XRP is changing hands at $0.2000, mostly unchanged both on a day-to-day basis and since the beginning of Monday. The coin has been locked in a tight range since July 11 after a retreat from the recovery high of $0.2117.

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IOT/USD lift-off to moon begins as $0.30 draws nigh

IOTA is among the biggest single-digit gainers on the day. Most cryptocurrencies in the market remain lethargic in their trading. However, some selected coins are leading recovery including Chainlink, Tezos, NEO and Dash. 

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Ethereum Price Update

Ethereum (ETH) is changing hands at $243.90,  mostly unchanged both on a day-to-day basis and since the beginning of Monday. The second-largest digital asset has recovered above the short-term channel resistance $24.00, however, the further upside has stalled above $243.00. 

More Ethereum News

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Bitcoin Weekly Forecast: BTC volatility drops to a year low, get ready for a spiral drive

The week was tough for the cryptocurrency markets confined to tight ranges. Bitcoin has lost 1% of its value during the recent seven days with the trading range limited by $9,298 on the upside and $8,933 on the downside.

Read the weekly forecast

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