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Cryptocurrencies Price Prediction: Bitcoin, Ripple, & EOS – Asian Wrap 05 Jun

Bitcoin Price Forecast: Can BTC/USD bounce up from good support levels to cross $10,000?

BTC/USD has gone up from $9,780 to $9,815.80 in the early house of Friday. The price has two healthy support levels at $9,700 and $9,300. The former has the one-month Fibonacci 23.6% retracement level, one-day Fibonacci 61.8% retracement level, Previous Week high, one-hour SMA 50 and 15-min SMA 200. 

Ripple Price Analysis: XRP/USD bulls remain in control as the price sludges along

XRP/USD bulls remained in control for the third straight day as the price went up slightly from $0.2042 to $0.2043. The Elliott Oscillator is back in the green following a red session, showing that the market sentiment is slightly bullish. The MACD indicates sustained bullish momentum.

EOS Price Analysis: EOS/USD trends inside the green Ichimoku cloud as bulls aim for the $2.75-level

EOS/USD bulls stayed in control for the third straight day as it went up slightly from $2.722 to $2.7292, as the bulls aim for the $2.75 psychological level. The price is currently inside the green Ichimoku cloud. The MACD shows sustained bullish momentum.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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