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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 20 May

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 20 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD continues to consolidate below the $10,000 level

BTC/USD fell from $9,783.65 to $9,756.30, as the bears took control following four straight bullish days. The daily confluence detector shows a strong resistance level on the upside at $10,165. It has the one-day Bollinger Band upper curve, one-day Pivot Point resistance-one and one-week Pivot Point resistance-two.

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Ripple Price Analysis: XRP/USD sandwiched between SMA 20 and SMA 50 curves

XRP/USD dropped from $0.2049 to $0.2048 in the early hours of Wednesday, as the price continues to trend within the green Ichimoku cloud. The price is currently sandwiched between SMA 50 and SMA 20 curves. The MACD shows decreasing bearish momentum, while the Elliott Oscillator is back in the green following a red session.

Ethereum Price Analysis: ETH/USD bears remained in control as the price consolidates below the $215 level

ETH/USD bears remained in control for the second straight day as the price fell from $214.66 to $213.46. Despite the adverse price action, the MACD shows that the market momentum has reversed from bearish to bullish. William’s %R is trending around -5.55 in the overbought zone, so more downward price correction may be expected.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Bitcoin rises toward $64,000 as Coldcard exploit, strategy sales recede – ADA advances

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Crypto Today: Bitcoin, Ethereum, XRP shows recovery signs as Ethereum and XRP struggle

Crypto Today: Bitcoin, Ethereum, XRP shows recovery signs as Ethereum and XRP struggle

Bitcoin (BTC) advances above $63,000 on Tuesday, buoyed by increasing investor risk appetite. Ethereum (ETH) continues to trade under pressure below the supply range at $1,900 and above the short-term $1,800 support. At the same time, Ripple’s (XRP) upside is constrained under the pivotal $1.10 level while support at $1.00 remains intact.
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Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

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