Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum - Asian Wrap 3 Oct


Bitcoin price prediction: BTC/USD still struggles to get past $8,500 as horizontal movement continues

BTC/USD continues to trend horizontally and struggles to break past the $8,500-level. The confluence detector shows us that the resistance level at $8,475 prevents any further upward movement.

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Ripple market update: XRP/USD lags the impending symmetrical triangle breakout

Ripple’s upward movement continues to hit snags even though the market is generally trending north. The looming triangle breakout is likely to elevate Ripple's price to highs between $0.26 and $0.2650.

 

Ethereum technical analysis: ETH/USD moving within bearish flag subject to potential breach

Ethereum price is trading in the green, up 0.90% the session on Wednesday. ETH/USD price action is moving within a bearish flag structure via the daily. There is much supply heading into the pychological $200 area, capping the bulls. 

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Cryptocurrency Market News: Venezuela looking to legalize Bitcoin mining

BTC/USD is trading at $10,285 after more weakness and what seems to be a confirmation of the recent bear flag. ETH/USD had a similar fate, although the digital asset has dropped even lower than Bitcoin. It is currently trading at $326 as ...

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Ethereum closer than ever to ETH 2.0 with Spadina Launchpad live on September 29

The main idea behind the Eth2 upgrade is the shift towards a PoS consensus algorithm as the current Proof-of-Work algorithm is energy-intensive and not sustainable in the long-run. Additionally, ETH's current speed ...

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Tron Technical Analysis: TRX downside capped at $0.024

TRX is priced around $0.025 as the bears managed to eke out an advantage this Wednesday. Over the last three weeks, the price has dropped from $0.04 to $0.025, charting a 37.5% drop in valuation.

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Bitcoin SV Price Analysis: BSV stands at a crucial breaking point of its future trend

Bitcoin SV is still one of the biggest cryptocurrencies globally, currently ranked 11th by market capitalization and ignoring the criticism from the community. Several major exchanges ...

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Bitcoin Weekly Forecast: BTC crystal ball gives bulls a faint flicker of hope

Bitcoin staged a healthy recovery this week. The pioneer digital currency price took off from the support area of $10,000 and touched the next psychological line of $11,000.

Read the weekly forecast

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