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Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 17 Feb

Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 17 Feb
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD stays under $10,000, further correction anticipated

Bitcoin is back under $10,000, following a drab weekend session. Little progress was made to the north, which allowed the sellers time to plan a revenge mission. Several potential support areas were shuttered including $10,400, $10,250 and $10,000.

Ripple Price Analysis: XRP/USD slumps beneath $0.30, $0.25 in sight

Ripple price immediate support at $0.27 stays in place despite the correction from last week’s high around $0.349. A downward moving RSI suggests that the correction could last longer, even spill into the European session on Monday. 

Ethereum Price Analysis: How ETH/USD survived the carnage in a rising channel?

Ethereum price is teetering at $252 amid increased selling activity. The downward action that dominated the crypto market the entire weekend session did not spare Ether. It is the same action still in play on Monday towards the end of the Asian session.

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