Cryptocurrencies price prediction: Bitcoin, Ripple & Bitcoin Gold - Asian Wrap 07 Nov

Bitcoin price prediction: Confluence detector shows that bulls need to overcome resistance stack to re-enter $9,500

BTC/USD bears have taken control of the market following a bullish Wednesday. BTC/USD has gone down from $9,344.40 to $9,327.25 so far this Thursday. The daily confluence detector shows us a heavy resistance stack going from $9,340 to $9,370.



Ripple price analysis: XRP/USD aggressively fights to stay above $0.30

Ripple embarks on gains trimming exercise losing over 2% during the Asian session on Thursday. Sustaining the price above $0.30 will be instrumental in the recovery towards the $0.32 critical level. 


Bitcoin Gold (BTG) rockets towards $9.5 resisting the bearish cryptocurrency market

Bitcoin Gold is not only showing resilience to the prevailing bearish market but also posting incredible gains. Control across the market is in the hands of the bears where cryptos such as Ripple, Bitcoin Cash and Litecoin are the most affected.

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 is not money even if it costs nearly $9,000 - Ray Dalio

Bitcoin (BTC) has settled below $8,700 after a short-lived move to $8,791 during early Asian hours. The first digital coin has stayed mostly unchanged both on a day-to-day basis.

More Bitcoin News

Litecoin price analysis: LTC/USD bulls desperate to push the price above $60.00

Litecoin, the 7th largest digital coin with the current market value of $3.6 billion, hit the intraday high at $59.14 and retreated below $58.00 by the time of writing, LTC/USD is changing hands at $57.95.

More Litecoin News

Ethereum is the most correlated crypto asset, research shows

Ethereum, the second-largest digital asset with the current market value of $18.4 billion, has lost nearly 1% since the beginning of Wednesday and stayed unchanged on a day-to-day basis. 

More Ethereum News

Why ETC/USD January upsurge unstoppable?

Ethereum Classic surge is still on despite the bearish wave across the cryptocurrency landscape. The digital asset has corrected 4.47% higher on the day.

More Ethereum Classic News


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...

Read the weekly forecast