Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 09 Sept


Bitcoin price analysis: BTC/USD defends $10,200 support

Bitcoin continues with the mission to break $11,000 psychological level over the weekend. The largest cryptocurrency won the battle of stepping above $10,800 and $10,900 hurdles respectively but lost the way shy of $11,000.

 

Ripple market overview: XRP/USD upward action losing steam 

Ripple is back in within last week range even though the weekend session was graced with a positive retreat above the simple moving averages. The buyers managed to defend the support at $0.2460 after XRP slipped to $0.2472 (Friday low).

 

Ethereum marker update: ETH/USD breaking down below $180

Ethereum has been in the business of creating a lower high pattern since the break above $180 failed to make headway on Sunday. Following the retreat that refreshed the lows around $165 on Friday, the buyers regained control over the price.

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BTC/USD gearing up for another attempt to crack $10,000 as active addresses keep growing

Bitcoin is holding surprisingly well after the flash crash on June 2. Bulls keep defending the daily 12-EMA while Bitcoin slowly climbs higher. BTC/USD is trading at $9,660 at the time of writing, looking at the $9,887 resistance level.

More Bitcoin News

XRP/USD clutches above $0.20, is holdling an effective XRP strategy?

Ripple is currently in consolidation above $0.20. Therefore, there is not much that can be said in regard to this week’s price performance, except for the move that tested $0.2150 on Monday.

More Ripple News

ETH/USD may return to $220.00 before another strong rally

Ethereum tested $247.93 during early Asian hours and retreated to $247.70 by the time of writing.  The second-largest digital asset has gained about 1% of its value since the start of the day and stayed unchanged since the beginning of the day.

More Ethereum News

IOTA upgrades Hornet node software

IOTA has announced a major upgrade to its Hornet node software, which is the first performance upgrade in IOTA 1.5. the first in a series of planned protocol upgrades.

More IOTA News

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Bitcoin Weekly Forecast: BTC/USD needs to go down again before it goes up

After a head-spinning volatility at the beginning of the week, BTC/USD settled above $9,600 with minor gains on a week-on-week basis. A shall Doji candle on a weekly chart is an alarming signal that the bulls are exhausted by uncertainty and large price swings. 

Read the weekly forecast

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