Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple - American Wrap - 28 November


BTC/USD Technical Analysis: Bitcoin is looking bullish - Watch for a break of this level

Bitcoin is looking to push higher on the hourly chart below.

The chart highlights the inverse head and shoulders formation. 

Now the 7,676 resistance level is in focus as if the price breaks the level it will create a new wave high.

ETH/USD Technical Analysis: The technical pattern break sends prices higher

Ethereum has broken the bull flag chart pattern on the 30-minute chart.

The pole of the formation kicked off on Wednesday after the price hit a low of 141.44.

Sometimes patterns can come back to retest so be aware but the initial signs are good.

Ripple's XRP technical analysis: XRP/USD attempting to stage rebound after bouncing off critical $0.2000 mark

Ripple's XRP price is trading in the green by some 1.30% in the session on Thursday.

XRP/USD has seen a critical bounce ahead of the $0.2000 being breached to the downside. 

The next major barrier to the upside is seen at the psychological $0.2500 price mark. 

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XRP Price Forecast: Ripple could be on the verge of a breakout to $0.40

After losing more than 60% of its value in December 2020, XRP has been trading sideways without much action throughout 2021. The SEC has sued Ripple alleging that it conducted illegal sales of XRP which they consider a security.

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Bitcoin price shows ambiguity as a 30% move is underway according to technicals

Bitcoin has been trading inside a tight range after establishing a new all-time high at $41,950. The digital asset plummeted down to $30,420 and then formed a lower high at $40,100 followed by what seems to be a higher low at $33,850. 

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XLM Price Prediction: Stellar awaits a massive breakout but remains inside a no-trade zone

XLM has continued to trade sideways since we last reported about it. The digital asset remains locked inside a tightening range which will eventually burst. Let’s analyze some of the most important indicators to understand the most likely scenario.

More Stellar Lumens News

Ethereum Price Analysis: ETH bulls facing an uphill task inside short-term triangle

ETH/USD steps back from short-term resistance while declining to $1,256 during early Tuesday. In addition to easing from the immediate triangle’s upper line, Ethereum also drops from a three day high by press time. Monthly top, one-week-old ascending trend line favor bulls.

More Ethereum News

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Bitcoin Weekly Forecast: BTC price faces extreme volatility ahead of a new all-time high

Bitcoin had a wild run this week, dropping from a high of $41,350 to a low of 30,420 in less than 48 hours. 

Read the weekly forecast

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