Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 13 Jan

Bitcoin Price Analysis: BTC/USD struggles to sustain the $8,100 level

Bitcoin faced increased selling pressure on Saturday but saw a slight recovery on Sunday. Prior to that, BTC bulls had retraced the steps above $8,000 on Friday. However, it retested the $8,000 level but failed to sustain the upward trajectory.


Ripple market update: XRP/USD stalls at $0.22 as bears swing into action

Correcting in tandem with Bitcoin, XRP increased in value above $0.21 over the weekend. The trading on Friday left the bulls battered and scared, Ripple price tested the support at $0.20 before the weekend recovery mission came into play.


Ethereum Price Analysis: ETH/USD bulls hold above $140

Ethereum recovery was cut short at $148 last week. The weekend session was characterized by a shallow reversal from the short term support at $142. However, the price action was confined within a narrow range ($142 - $148).

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Bears take over and draw a bloody moon

Cryptographer and computer scientist Nick Szabo, has presented in his Twitter account a study on the "risk-benefit" ratio of different assets. The study used a Sharpe Ratio over four years Hodl period.

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ETH/USD bears flip the bulls, target shifts to $5

Ethereum Classic is facing the ultimate correction following a massive bull-run that had it hit January highs around $12 from December lows at $3.41. The persuasive urge upwards has, however, ended in losses due to a lack of ...

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Ripple's CEO sees an era of IPO in cryptocurrency industry

Ripple's XRP, the third-largest digital asset with the current market value of $9.4 billion has lost over 5% in recent 24 hours and hit the low of $0.2136 on Friday. XRP/USD is moving within a clear bearish trend amid expanding volatility.

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The Crypto Sector in selloff mode searches a support zone

Most of the cryptocurrency sector accelerated the losses after breaking the neckline of support that was holding their prices. The selling pressure was in almost all digital assets.

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Bitcoin Weekly Forecast: Bitcoin bulls and bear fight gets a tougher edge

The cryptocurrency market started the downside correction after a strong rally initiated by risk reversal play at the beginning of January and reinforced by various altcoin pumps...

Read the weekly forecast