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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 28 May

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 28 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: Is this falling wedge pattern BTC/USD fastest ticket to $10,000?

Bitcoin bulls have strongly defended initial support at $9,150 after a rejection from highs close to $9,300. The price is dancing with $9,176 amid attempts to break the resistance at $9,200. Like the other major cryptocurrencies such as Ethereum and Ripple is in the red. It has lost 0.39% of its value on Thursday. The European session is likely to experience increased volatility, especially with the trend slowly turning back to bullish.

BTC/USD price chart

Ethereum Price Analysis: ETH/USD volatility is about to explode

Ethereum (ETH) has been trading in a tight range since the start of the week. On Thursday, May 28, the second-largest digital asset by market value is changing hands at $206.50, down 1% since the start of the day. 

ETH/USD

Ripple Price Analysis: new sellers await XRP/USD on approach to $0.2000

XRP/USD has recovered from the intraday low of $0.1949 to trade at $0.1960 At the time of writing. The third-largest digital asset has been locked in a tight range for a couple of weeks with the upside limited by psychological $0.2000, while the downside guarded by $0.1900. A sustainable move in either direction will create a strong momentum that will define XRP’s fate for the nearest sessions.

XRP/USD

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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