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Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 18 Feb

Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 18 Feb
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: BTC/USD bulls try to take back control after a bearish Monday

$9,702.80 to $9,736. This follows a heavily bearish Monday wherein the price fell from $9,922.30 to $9,702.80. As per the confluence detector, the bulls will need to overcome two strong resistance levels at $9,745 and $10,040. $9,745 has the Previous Week low and SMA 100.

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Ripple Price Analysis: XRP/USD bulls aims to drop price below the $0.28 support level

XRP/USD bulls ran out of steam at the $0.336 resistance level four days back. Ever since then, the bears have had full control over the market. During this time period, XRP/USD fell from $0.336 to $0.285. The bears will want to broke below the $0.285 psychological level to continue its downward momentum. 

Ethereum Price Analysis: ETH/USD bulls and bears are fighting around $265-level

Following a bullish Monday, wherein ETH/USD went up from $259 to $267.80, the bears were able to wrest back control in the early hours of Tuesday. So far, the bears have taken the price down to $265.45. The MACD line is about to cross over with the signal line to indicate an upcoming reversal of bullish momentum.

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