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.

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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.

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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.

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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.

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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. 

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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.

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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...

Read the weekly forecast

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