Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 23 Nov


Bitcoin Price Analysis: BTC stops within a whisker of $19,000, bearish signals piling up

Bitcoin bulls had another shot of dopamine as the pioneer digital currency resumed the growth after a short consolidation phase above $18,000. BTC/USD hit $18,980 during early Asian hours on Saturday and retreated to $18,650 by the time of writing. 

 

Ripple Price Analysis: XRP jumps above $0.43 with no resistance ahead – Confluence Detector

Ripple's XRP is the best-performing digital asset out of the top-10 on Saturday. The coin has gained over 30% in the past 24 hours to trade at $0.40 at the time of writing. The price hit $0.436, the highest level since July 2019, and the upside momentum is gaining traction.

 

Ethereum Price Analysis: Growth ETH 2.0 sends the price to the moon adoption

Ethereum hits the highest level since July 2018 amid growing ETH 2.0 adoption. The second-largest digital asset with the current market capitalization of $61 billion and an average daily trading volume of $22 billion has gained over 6% in the last 24 hours and 18% on a week-to-week basis. 

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Dogecoin: DOGE on the verge of a 75% lift-off

Dogecoin price breaks out of a bull flag pattern after surging 20%. DOGE could surge 75% to $0.095 if it bounces from the 50% Fibonacci retracement level at $0.055. A bearish outcome could evolve if the price re-enters the “flag” and starts consolidation.

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Bitcoin price ready for another upswing as the Fed publishes new preconditions for a digital dollar

The Fed will be looking for stakeholder interest and buy-in to support the launch of a CBDC. The US is still a long way to develop a digital dollar because many structures are not yet in place.

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Solana: SOL could take a breather and pullback 30% after a 600% bull rally

SOL price has been on an uptrend since Jan 22 with only minor corrections. SOL was surprisingly unbothered during the market crash on Feb 22 and 23, as it dropped by a mere 13%.

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Ethereum: ETH building overhead pressure threatens losses to $1,200

Ethereum’s recovery stalls at $1,700, opening the door to the ongoing bearish pressure. The IOMAP reveals the presence of intense selling pressure ahead of Ether.

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Bitcoin Weekly Forecast: BTC journey to $100,000 might be easier than expected

This past week has been extremely beneficial for Bitcoin which jumped by 30% since Monday 8. Several positive announcements, especially Tesla purchasing $1.5 billion worth of the digital asset propelled the flagship cryptocurrency to new highs.

Read the weekly forecast

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