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

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin Price Forecast: Bitcoin BitMEX shorts liquidations explode as price climbs to $9,600

Bitcoin price rallied from levels under $9,200 to touch $9,600 barely a day after Goldman Sachs branded it a non-asset class. Investors around the world appear to be joining the market ...

More Bitcoin News

Ripple Price Analysis: XRP/USD charts bearish cross patten

XRP/USD continued its bullish domination as the price went up slightly from $0.1979 to  $0.1982. Presently, the price has peeked above the green Ichimoku cloud, while it has found resistance at ...

More Ripple News

Ethereum Classic Chart: ETC/USD gains 4% in the Asian session on Friday

Ethereum Classic is leading the cryptocurrency in recovery after posting gains of more than 4% on the day. The rest of the cryptocurrency market is mixed red and green. For example, Bitcoin is ...

More Ethereum Classic News

Tezos Price Analysis: XTZ breaks out of the triangle pattern on the hourly chart

Tezos has been trading higher on Thursday as most of the crypto majors trade in the black. The price recently converged into a triangle formation making lower high waves and higher low waves.

More Tezos News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC bulls are nowhere to be seen

Bitcoin attempted a recovery towards $10,000 but ended up at $9,100. The first digital asset printed the second red candle on a weekly chart. It is an alarming signal for the long-term bull as BTC may be vulnerable to deeper losses.

Read the weekly forecast

BTC

ETH

XRP