Cryptocurrencies price prediction: Bitcoin, Ethereum & NEO - Asian Wrap 06 Sept


Bitcoin technical analysis: Bitcoin rejects 10,500 but there is still time

Today's Bitcoin price action has been sideways but the dropped stalled at the key support level at 10,500. There is trendline marked on the 15-minute chart above that could be important later.

 

Ethereum price analysis: Bulls take an early lead this Friday after bears edge out a victory this Thursday

ETH/USD had a bullish start to Friday as the price went up slightly from $174 to $174.25. This follows a frustrating Thursday for the buyers where the price went down from $175 to $174. 

 

NEO market update: NEO/USD breakout targets $10 resistance

NEO is breaking out in defiance of the prevailing indecision across the market. The downtrend witnessed from the beginning of August has been sending jitters among investors. 

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BTC/USD may retest SMA200 weekly if $6,500 is not retaken any time soon.

BTC/USD is hovering around $6,300, down 1% on a day-to-day basis. The first digital coin has been moving within a short-term bearish trend amid expanding volatility.

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Ripple Price Prediction: XRP/USD short-term bulls aim at $1780

Ripple (XRP) has been range-bound recently. The third-largest coin settled above $0.1700, which is a good signal, but the further upside seems to be limited so far.

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ETH/USD locked in a range; short-term recovery capped by $134.40

ETH/USD is changing hands at $132.00, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The second-largest digital asset has been moving within a short-term bearish trend amid high volatility. 

More Ethereum News

Triangle pattern breakout hints BCH/USD rally beyond $250

Bitcoin Cash price if dealing with increased selling activity on Wednesday just like the other major cryptocurrencies. BCH/USD is down 1.33% on the day while the price hovers above the initial short term support at $214.

More Bitcoin Cash News

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Bitcoin Weekly Forecast: Coronavirus will either kill Bitcoin or make it stronger

Bitcoin is about to finish the second positive week in a row. The first digital coin has recovered from $5,680 and came close to psychological $7,000 during the week.

Read the weekly forecast

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