Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 22 May


Bitcoin Price Analysis: Buyers make sure that price stays above $9,000 following Thursday’s carnage

BTC/USD went up slightly from $9,060 to $9,091.25 in the early hour of Friday. This follows a hectic Thursday where Bitcoin crashed from $9,520 to $9,060, going below the SMA 20 curve, in the process. The MACD shows increasing bearish momentum, while the Elliott Oscillator has had five straight red sessions.

 

Ripple Price Analysis: Bulls fightback after XRP/USD drops below the green Ichimoku cloud

XRP/USD went up from $0.1941 to $0.1947 in the early hours of Friday. This follows a bearish Thursday wherein the price dropped from $0.2015 and went below the green Ichimoku cloud and the SMA 50. The MACD shows sustained bearish momentum.

 

Ethereum Price Analysis: ETH/USD breakdown eyes $190, ETH 2.0 staking the ultimate store of value

Ethereum price is slightly in the green following attempts to correct from the dip to Friday’s low at $196.22. The prevailing trend is strongly bullish and the expanding RSI means that rapid price actions are still possible in the coming sessions. ETH/USD is exchanging hands at $199.42; slightly above the $198.55 (opening value).

 

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BTC/USD breaks free from a triangle pattern

Bitcoin (BTC) settled at $10,125 after a head-spinning rally to $10,412 during late hours on Monday. The first digital asset has gained over 5% on a day-to-day basis, though it is mostly unchanged since the beginning of Tuesday.

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XLM/USD ready to retest the highest level of 2020

Stellar (XLM) is the best-performing digital asset out of top-20. The coin has gained over 12% in the recent 24 hours to trade at $0.0833 by press time.

More Stellar Lumens News

ETH/USD vulnerable to the downside correction towards $247.00

Ethereum (ETH) has moved outside the recent range and hit the highest level since February 25 at $253.47.  At the time of writing, ETH/USD is changing hands at $252.55 amid a strong bullish trend. 

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ETC/USD has a potential to reach $8.00 if move above $7.00 is sustained

ETC discovered a bug that led to desynchronization of Parity Ethereum with ETC blockchain. The team has released a hotfix and asks all OpenEthereum node operators using this software to update to the latest version.

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Bitcoin Weekly Forecast: BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300.

Read the weekly forecast

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