Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 12 May

Bitcoin Price Analysis: Much ado about nothing? Was the halving a non-event?

BTC/USD fell from $8,727.75 to $8,636.50 as the bears retained control for the fourth straight day. Bitcoin just experienced its third halving event, however, it looks like it isn’t going to be the huge bullish event that many were touting it to be. Currently, many fear that miners may quit the market due to the drop in mining profitability.


Ripple Price Analysis: These two resistances thwart XRP/USD bulls’ efforts

Ripple was at the forefront of the selloff that took place over the weekend. The bearish leg extended to $0.1750 before a shallow reversal came into play. Bulls have in the last 48 hours nursed their wounds above the short term support at $0.19. On the upside, the price movement has been capped at the 200-day SMA ($0.20).


Ethereum Price Analysis: ETH/USD stalls under the 50% Fibonacci as Bitcoin halving goes by unnoticed

Ethereum bulls are keen on nurturing a bullish trend following the recent dip to $180. Recovery was steady on Sunday with ETH/USD stepping above $190. However, selling pressure has continued to limit gains towards $200. Meanwhile, Ethereum slipped under $190 level and is valued at $187 at the time of writing.

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BTC sandwiched between strong resistance and support levels

Investment management firm Grayscale has recently resumed its acquisition of Bitcoin. Grayscale investment firm has bought 17,100 Bitcoin in the past week. BTC faces a strong resistance level at $10,800, as per the daily ...

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VeChain Technical Analysis: VET upside capped at $0.015

The 4-hour VET/USD has broken above the downward trending line and the 100-day Simple Moving Average (SMA 100). In the process, the TD sequential has flashed a buy signal. The MACD has reversed from bearish to bullish ...

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Zcash Price Forecast: ZEC on the cusp of ultimate liftoff $85

Zcash, a privacy-oriented digital asset, has continued to slice through crucial support levels since it traded above $100 in the first week of August. The price has been maintained within the confines of a parallel descending channel. 

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Bitcoin Cash Price Analysis: BCH flashes sell signals in 4-hour and 12-hour charts

The BCH 4-hour chart flashed a sell sign in the TD sequential indicator. After flashing the signal, the price has been trending horizontally over the next six sessions. The IOMAP shows that the price is currently ...

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Bitcoin Weekly Forecast: Keep calm and HODL on until the USA elects the president

Bitcoin (BTC) partially regained the losses incurred at the beginning of the week; however, the upside momentum is still too weak to take the price out of the bearish territory and ensure a sustainable recovery. 

Read the weekly forecast