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.

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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin (BTC) in tactical retreat before another attempt to break above SMA200 daily

Bitcoin (BTC) bulls engineers a nice recovery off the recent lows; however, SMA200 (Simple Moving Average) on a daily chart remains unconquered so far. The price of the first digital currency made a weak attempt to move above this hurdle, but it seems to be a hard nut to crack for the bulls at this stage.

More Bitcoin News

Litecoin (LTC) price analysis: LTC/USD slides back inside an old range

Litecoin is changing hands at $56.63, down 2% since the beginning of the day and 1.5% on a day-on-day basis. The 6th largest digital asset with the current market value of $3.3 billion peaked at $60.12 on October 9 and has been moving down ever since. 

More Litecoin News

TRON price analysis: TRX/USD moves within a long-term bearish trend

At the time of writing, TRX/USD is changing hands at $0.0160. The coin has gained over 15% in seven 24 days, however, the upside momentum started fading away after the price had hit $0.0175 high. 

More Tron News

Ripple price analysis: XRP/USD races downwards fast

Many analysts believe that the recent breakout across the cryptocurrency market was more or less a bull trap. Their notion is currently being proved right as Ripple price forced its way against key support areas including $0.2750 and the 61.8% Fib retracement level.

More Ripple News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC bulls trapped below SMA200 daily

Bitcoin bulls have had a short glimpse of victory only to suffer a bitter disappointment this week.

Read the weekly forecast

BTC

ETH

XRP