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


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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Bitcoin Price Analysis: Bearish technical signals point to a test of the 6K area

Bitcoin is looking bearish on Wednesday as the price moved 3% lower after rejecting higher levels. The market bounced off the blue trendline and pushed through the 55 and 200 hourly moving averages.

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Ripple Price Analysis: Bearish technical signals could seen XRP to 0.1600

Ripple has had a good run at testing upside targets recently but it seems there was no breaking 0.1800 for now. Now it seems the trendline in black on the chart has been broken to the downside.

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ETH/USD locked in a range; short-term recovery capped by $134.40

ETH/USD is changing hands at $132.00, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The second-largest digital asset has been moving within a short-term bearish trend amid high volatility. 

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Monero Price Analysis: XMR pushes higher towards the 50.00 level

Monero has caught a bid late in the US session on Wednesday after trading lower for most of the day. The price has just recently moved through the moving averages (55 & 200) which can be considered a bullish sign. If the black resistance line at 48.20 ...

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Bitcoin Weekly Forecast: Coronavirus will either kill Bitcoin or make it stronger

Bitcoin is about to finish the second positive week in a row. The first digital coin has recovered from $5,680 and came close to psychological $7,000 during the week.

Read the weekly forecast

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