Cryptocurrencies Price Prediction: Bitcoin, Ripple & Bitcoin Cash – Asian Wrap 20 Nov


There is only 0.5 Bitcoin for every millionaire in the world, but these billionaires are buying them all

The last halving has undoubtedly caused a significant supply shock to the Bitcoin in circulation, leading to increased scarcity. It appears the race to own BTC is growing as more wealthy individuals want to have a piece of the pie, and the billionaires seem to be ahead. 

 

Ripple Price Prediction: XRP prepares to pullback to $0.27 before an ultimate breakout

It would seem that the price of XRP is showing signs of a potential retracement before bouncing off to the upside in the short term. Indicators show that incoming bearish momentum could see it go as low as $0.27 before it takes off. The Fibonacci retracement tool confirms the sell signal on a daily chart.

 

Bitcoin Cash Price Prediction: BCH prepares for 21% upswing if consolidation breaks

Bitcoin Cash has recovered considerably from the downswing experienced after the $339 peak achieved in August. At the time of writing, BCH looks towards a potential breakout to $320 or a breakdown that would erase the gains made to $193.

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Ripple Price Prediction: XRP’s rise to $1 hinges on one crucial upside barrier

Ripple (XRP/USD) sellers have returned this Sunday, as the recent recovery from sub-$0.50 levels appears to lose steam. However, from a technical perspective, it looks like the bulls have taken a breather before the bullish reversal picks up pace. Acceptance above the key Fib 61.8% hurdle is critical to take on the $1 mark.

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Top 3 Losers Of The Week Synthetix, Compound, LTC: Fail to benefit from weekend love

Decentralized finance (DeFi) tokens are trying to catch up with the positive turnaround seen across the crypto board in the second half of this week. However, Synthetix, Compound, Litecoin have failed to benefit from the renewed buying wave. 

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Ethereum holders bracing for ‘sell the news’ ahead of the ETH 2.0’s launch?

Heading into the ETH 2.0 launch on December 1, the Ethereum holders remain wary over the prospects for the second-most widely traded digital asset. Following last week’s slide, has Ethereum’s time finally arrived or is it a sell on the rollout news?

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Top 3 Weekly Gainers Verge, ADA, VeChain: Shrug-off broad corrective trend

Crypto markets witnessed massive volatility over the past week, marked by the stellar performance in Bitcoin. Among the top 50 widely-traded digital assets, Verge, Cardano and VeChain emerged as the top performers, with Verge up 40% on the week. 

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Gold Weekly Forecast: XAU/USD tumbles to multi-month lows on risk flows, technical selloff

Bitcoin has lived through a roller-coaster week. The pioneer digital currency hit another multi-year high of $19,500 and got really close to the all-time high on Wednesday. 

Read the weekly forecast

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