Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple - Asian Wrap 18 Sept


Bitcoin price prediction: BTC/USD sandwiched between massive resistance and support levels

Bitcoin managed to have a bullish day after five straight bearish days. So far today, BTC/USD has gone up from $10,190 to $10,223.45. The hourly chart shows us that BTC/USD went up to $10,253, where it met resistance and dropped down to $10,223.45.

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Ethereum price analysis: ETH/USD majestically breakouts, eyes set on $220

Ethereum has been among the best performers this week. The second-largest cryptocurrency with a market cap of $22.9 billion is changing the narrative by pushing altcoins in a bullish direction irrespective of Bitcoin’s downward trend in the last few days.

 

Ripple price analysis: XRP/USD re-enters the $0.30-zone

XRP/USD re-entered the $0.30 zone after having two heavily bullish days in a row. Over the last two days, Ripple has gone up from $0.261 to $0.306, charting a 17.24% growth in price. The four-hour chart shows us that XRP/USD went up from $0.281 to $0.306 within four hours.

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BTC/USD must overcome resistance at $8,985 to re-enter the $9,000 zone

BTC/USD has had a bearish start to the day following a bullish Tue. So far this Wed, the price of the asset went down from $8,811.45 to $8,773. This followed a pretty bullish Tue, wherein BTC/USD went up from $8,720.50 to $8,811.45.

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Ripple price overview: XRP/USD triangle breakout fails to materialize

XRP is also in the red on the third day of this week’s trading. The Asian trading session has been characterized by bearish action where Ripple kicked off the day at $0.2722 but touched an intraday ...

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ETH/USD keeps trending horizontally in a narrow $11-range

ETH/USD daily chart keeps trending horizontally in a narrow $11-range between $191 and $180. Currently, Ethereum is priced at around $185.85 and is floating above ...

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Chinese news agency hails bitcoin as “first successful application of blockchain”

Xinhua, a Chinese state news agency, recently praised bitcoin in a front-page article. The flagship cryptocurrency was hailed as blockchain technology’s first successful application.

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Bitcoin Weekly Forecast: Bulls wasted their chance

Bitcoin has been oscillating in a depressingly tight range since the beginning of November. Vanishing volatility makes it harder to engineer a decisive breakthrough from the range. 

Read the weekly forecast

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