Cryptocurrencies price prediction: Bitcoin, Ripple & Litecoin – European Wrap – 3 November


Bitcoin Price Analysis: BTC/USD stuck at $7,300 amid uncertainty

Bitcoin has lost over 20% of its value in recent month. However, it is still 98% higher from January 2019, which means that those who bought Bitcoin in the beginning of the year are still in the money. At the time of writing, BTC/USD is changing hands at $$7,250, locked in a tight range for the last two days. 

 

Ripple price prediction XRP/USD vulnerable to losses below $0.22 – Confluence Detector

Ripple’s XRP is hovering around $0.22 handle during early European hours, locked in a tight range.  The third-largest digital coin has lost 1.2% on a day-to-day basis and stayed unchanged since the beginning of Tuesday.

Ripple’s XRP confluence levels 

Looking technically, XRP is vulnerable to further losses if the bears manage to engineer a sustainable sell-off below $0.2200 handle. This development will worsen the short-term picture for the coin and attract new speculative sellers to thee market. Currently, there are several important levels clustered both above and below the price. Let’s have a closer look at them.fxsoriginal

Litecoin market overview: LTC/USD descending channel limits recovery

The cryptocurrency market is turning red once again on Tuesday. The price action has been mostly drab with little progress on the upside. Litecoin is trading lower a subtle 0.15% on the day. The crypto correction to highs of $46.26 after opening the session at $45.63. The loss of momentum has seen the price adjust to the current market value at $45.57.

 

Litecoin

 

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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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Bitcoin Weekly Forecast: It's all about whales again

On the cryptocurrency market, regulators, governments and central bankers and other big names like that are inferior to whales when it comes to generating trends and price movements.

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