Cryptocurrencies price prediction: Bitcoin, Ripple & Bitcoin Cash - 14 August


Bitcoin price analysis: BTC/USD hanging in the balance around $10,500

Bitcoin ravaged through the support at $11,000 yesterday as a reaction to the relief in the financial markets. Another asset that suffered is gold as it dumped over 0.6% to trade around $1,500. The two assets have been regarded as reliable hedgers against the stock market that has been taking the heat from the trade war between the United States and China.

Bitcoin

Ripple market update: XRP/USD intriguingly defends $0.29 key support

Ripple like many other altcoins on the market weathered down the negative pressure across the market quite well. On the other hand, Bitcoin plunged more than $800 after breaking the support at $11,000.

The third-largest cryptocurrency with a market capitalization of $12 billion is still walloping in bear pressure. For instance, the data on CoinMarketCap shows XRP having lost 1.8% of its value in the last 24 hours. At the same time, the crypto live rates by FXStreet show trading 1.3% lower on Wednesday.

Ripple

Bitcoin Cash price analysis: BCH/USD overwhelmed by selling pressure; reversal ongoing

The bear pressure affecting Bitcoin is finally catching up with Bitcoin Cash (BCH). The crypto managed to extend the weekend winning streak from the weekend low around $302.38 to a weekly high at $358.49. The initial break above the 50 Simple Moving Average (SMA) at $318 clearly signaled for more buying entries. Tremendous support occurred on stepping above the 100 SMA as well.

Bitcoin Cash

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Crypto market overview: Bitcoin (BTC) bulls lose initiative; altcoins drive the market higher

Cryptocurrency market is dominated by altcoins. Most major coins are in a green zone with Bitcoin SV and Etherum Classic among the growth leaders. The cryptocurrency market capitalization marginally increased to $238 billion, while an average daily trading volume reduced to $94 billion.

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Cardano Price Rises Above The 50 SMA: Ouroborous BFT consensus to launch mid-February

The crypto market is mixed and green. Among the digital assets in the green is Cardano (ADA). The last 24 hours have seen Cardano grow 7.33% from lows around $0.0420.

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BCH/USD spotted falling triangle hints imminent breakout

Bitcoin Cash is among the many cryptocurrencies struggling to stay afloat above key support areas. The tag pf war started on Monday when Sunday’s recovery hit rocks across the board.

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Litecoin may undergo a soft fork to enhance security

Litecoin, the 7th largest digital coin with the current market value of $3.6 billion, has stayed mostly unchanged in recent 24 hours.  At the time of writing, LTC/USD is changing hands at $57.25, off the recent high registered at $63.17 on January 17. 

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Bitcoin Weekly Forecast: Bulls piggy-back on altcoins rally

This week was marked by a strong altcoins rally on the cryptocurrency markets. Bitcoin SV (BSV) and Dash experienced the sharpest price increase over 100% in recent seven days...

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