Cryptocurrencies price prediction: Bitcoin, Ethereum, Ripple - 22 July

Bitcoin technical analysis: BTC/USD buyers are fighting again to defend $10,0000

Bitcoin price is nursing losses on Monday of some 1% in the second half of the session. BTC/USD ran into a chunky supply region, $10,500- 11,000 price range, forcing a retreat.  Given the current downside pressure the bears could be heading for another push below $10,000.

BTC/USD 60-minute chart

$10,000 remains very much vulnerable, given 60-minute near-term demand zone breach.

Ethereum technical analysis: ETH/USD big barrier at $235

Ethereum price is nursing losses of some 4% in the latter stages of trading on Monday. ETH/USD bulls continue to get hit with rejection at $235, a big daily resistance level. Given the downside pressure eyes will be on the below demand for support $200-190 price range. 

ETH/USD 60-minute chart

A critical near-term ascending trend line of support has been breached by the bears via the 60-minute view. 

Ripple's XRP technical analysis: XRP/USD buyers are fighting again

Ripple's XRP price is trading in the red, down over 4% in the session on Monday. XRP/USD price action is very much choppy at present, a lack of direction and commitment. Big supply remains from $0.3200-0.3400 causing problems for any bullish action.

XRP/USD 60-minute chart

Near-term price action has smashed below a key ascending trend line of support.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Crypto Today: Calm between the storm? Schiff says look out below, Dash, Monero stand out

Bitcoin in mid-range, BTC/USD is trading just below $7,400 after experiencing rises and falls of hundreds of dollars within days. Peter Schiff, a life-long crypto skeptic, said that pumpers and dumper have lost the plot, and added: "Look out below".

More Cryptocurrencies News

Ethereum Price Analysis: ETH/USD bumps into $148.00, waits for new drivers

ETH/USD has recovered to $148.00 on Thursday; however, the upside momentum has faded away during early Asian hours. The second largest coin with the current market capitalization of $16.2 billion has settled in a tight range limited by $148.00 on the upside.

More Ethereum News

Monero Price Analysis: XMR/USD rises from the ashes

Monero is arguably the biggest single-digit gainer on the first Friday of December. The crypto has increased in value by 2% on the day after opening the trading session at $55.01. 

More Monero News

Bitcoin Cash price analysis: BCH/USD market momentum turns from bearish to bullish

BCH/USD is on course of charting its second straight bullish day. Currently, the price has gone up slightly to $211.75 and is floating below the 20-day Simple Moving Average (SMA 20), SMA 50 and SMA 200 curves. 

More Bitcoin Cash News


Bitcoin Weekly Forecast: It's all about whales again

On the cryptocurrency market, regulators, governments and central bankers and other big names like that are inferior to whales when it comes to generating trends and price movements.

Read the weekly forecast