Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum – European Wrap – 4 November


Bitcoin Price Analysis: BTC/USD bears stop short of critical $7,000

Bitcoin hit the intraday bottom at $7,082 ahead of the European opening. At the time of writing, the first digital coin is changing hands at $7,178, mostly unchanged in recent 24 hours and down 1.7% since the beginning of Wednesday.  

 

Bitcoin

Ripple price prediction XRP/USD desperately needs to recover above $0.22 – Confluence Detector

Ripple’s XRP bottomed at $0.2103 during early Asian hours and recovered to $0.2147 by the time of writing. The third-largest digital coin has lost 2.5% since the beginning of Wednesday and stayed mostly unchanged on a day-to-day basis.

Ripple’s XRP confluence levels 

Looking technically, XRP is vulnerable to further losses as long as it stays below $0.2200. If the bulls manage to engineer a sustainable recovery above this handle, the short-term technical picture will improve slightly, while the coin will get a chance for an upside move towards $0.2250. Currently, there are several important levels clustered both above and below the price. Let’s have a closer look at them.

 

fxsoriginal

Ethereum Price Analysis: ETH/USD crawls back above  $145.00. Is it a dead cat bounce?

ETH/USD is trading `at $146.50, off the intraday low at $143.51. Despite the recovery, the ETH is moving with the short-term downside bias.  The second-largest digital asset, with the current market value of $15.9 billion, has stayed unchanged on a day-to-day basis and lost 1% since the beginning of Wednesday. 

 

Ethereum

 

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Crypto Today: Calm between the storm? Schiff says look out below, Dash, Monero stand out

Bitcoin in mid-range, BTC/USD is trading just below $7,400 after experiencing rises and falls of hundreds of dollars within days. Peter Schiff, a life-long crypto skeptic, said that pumpers and dumper have lost the plot, and added: "Look out below".

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Ethereum Price Analysis: ETH/USD bumps into $148.00, waits for new drivers

ETH/USD has recovered to $148.00 on Thursday; however, the upside momentum has faded away during early Asian hours. The second largest coin with the current market capitalization of $16.2 billion has settled in a tight range limited by $148.00 on the upside.

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Monero Price Analysis: XMR/USD rises from the ashes

Monero is arguably the biggest single-digit gainer on the first Friday of December. The crypto has increased in value by 2% on the day after opening the trading session at $55.01. 

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Bitcoin Cash price analysis: BCH/USD market momentum turns from bearish to bullish

BCH/USD is on course of charting its second straight bullish day. Currently, the price has gone up slightly to $211.75 and is floating below the 20-day Simple Moving Average (SMA 20), SMA 50 and SMA 200 curves. 

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