Cryptocurrencies price prediction: Bitcoin, Ripple & Litecoin - Asian Wrap 13 Sept


Bitcoin price prediction: Two healthy resistance levels block BTC/USD from re-entering $10,500 zone

Bitcoin has had a bearish start to Friday following two bullish days in a row. BTC/USD has fallen from $10,435 to $10,378.50. The bulls ran out of steam as they failed to negotiate with the resistance at $10,500. 

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Ripple market update: XRP/USD slightly up-trending market lacks strength

Ripple has remained relatively unchanged over the last few days. The upside has become a no-go zone with resistance impenetrable resistance barriers. A lower high pattern has been the norm under the visible descending resistance.

 

LTC/USD: Litecoin is coming up to a support zone

Litecoin is still in a sideways consolidation phase but we are coming up to a trendline and a positive break could mean there is some upside potential. There has been a series of consecutive lower highs and lower lows but for the downtrend to continue 68.22 will need to be broken.

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Top 3 price prediction Bitcoin, Ripple, Ethereum: Cryptos seeing multiple launches into the universe

The BTC/USD pair is currently trading at the $10.187 price level, the same price level as in recent weeks. The most serious difficulty for Bitcoin is the low volatility, after many days in the same price range, strength and speed indicators are at minimum levels. It will not be easy to start again.

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Ethereum (ETH) price analysis: ETH/USD settles above $200.00 amid altcoins'bull run

The second-largest cryptocurrency with the current market capitalization of $22.9 billion hit $215.18 during early Asian hours. While the coin has retreated to $212.40 by the time of writing, the upside momentum remains strong as the coin stays above a critical $200.00.

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NEO price analysis: NEO/USD retreats from intraday high, upside momentum recedes

NEO is performing strongly on Wednesday. The 20th largest digital asset with the current market value of $69 million gained over 7% both on a day-on-day basis and moved nearly 3% higher since the beginning of the day.  At the time of writing, NEO/USD is changing hands at $9.80, off the intraday high of $9.87. 

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TRON market update: TRX/USD tests DMA50 for the first time since July

TRON (TRX) is one of the best performing coins on Wednesday. TRX/USD has gained over 10% of its value to trade at $0.0178 by press time. While the coin has retreated from the intraday high ($0.0178), the upside momentum is still strong as TRX is moving in sync with the rest of the market. 

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Bitcoin Weekly Forecast: Rangebound trading and September blues come upon the crypto market

Bitcoin finishes the week with marginal losses. The first digital currency recovered from the recent low of $9,886 but stayed in the red zone as of the end of the week.

Read the weekly forecast

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