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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Bitcoin price analysis: BTC/USD jumps on US-China trade war escalation

Bitcoin (BTC) has built up a strong upside momentum during early Asian hours on Monday. The first digital coin has recovered from $9,900 and hit $10,665 high in a matter of hours amid strong bullish sentiments and growing trading volumes.

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Cryptocurrency market update: IOTA and Ethereum Classic fly the bullish flag high

The cryptocurrency market has a blend of both red and green signals. The largest cryptocurrency Bitcoin is back above $10,100 after recovering from Saturday’s dip below $10,000. While trading at $10,160, the bulls have eyes on $10,200 in the short-term.

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ETH/USD recovers from Sunday's lows, upside momentum fades away

A move above $195.80 is needed to mitigate the bearish pressure. The significant support is created by a confluence of technical indicators below $186.00.

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Ripple technical analysis: XRP/USD sustained uptrend hints breakout above $0.3

Ripple price is lethargic under $0.28 short-term hurdle but $0.27 is a credible support area in the short-term. Despite the visible declines in the short timeframe charts, XRP/USD has sustained an uptrend from August lows close to $0.24.

More Ripple News

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Bitcoin Weekly Forecast: Safe-haven or a high-yield asset? Bitcoin qualifies for both

The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week...

Read the weekly forecast

BTC

ETH

XRP