Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple - Asian Wrap 17 Oct

Bitcoin price prediction: What next after BTC/USD breaks below $8,000?

BTC/USD suffered a heavily bearish Wednesday, wherein its price fell from $8,158 to $7,994, going below the $8,000-level in the process. So far today, the price has fallen further to $7,975. 

Ethereum price analysis: ETH/USD dips below $175 as bears continue to be on the driver’s seat

ETH/USD went down from $180.85 to $174.65 this Wednesday. So far, it has fallen further to $174.15. The hourly chart shows us that the price of the asset fell from $179.20 to $174.15 in just two hours.

Ripple price analysis: XRP/USD on the verge of rising channel breakdown

The bears have in full swing resumed their control over the entire cryptocurrency market. Even assets that have been immune to losses in the past few days such as XRP are feeling the pinch.