Bitcoin price analysis: BTC/USD brushes shoulders with $8,300, where to next?
Bitcoin bears finally gave in to the advances of the buyers on Sunday towards the end of the American session. The world’s largest crypto spiked making a comeback above $8,000 after testing $7,800.
Ripple price analysis: XRP/USD lock-step trading hinders progress
Ripple bulls are pushing for recovery after a brief dive towards the $0.28 support area. On the upside, movement above $0.30 has proved to be unsustainable. The sellers are largely in control especially with the 50 Simple Moving Average (SMA) on the one-hour chart inching closer to the 100 SMA.
Monero price analysis: XMR/USD breaks away from the rest
The cryptocurrency market is mostly in red. However, a few selected cryptocurrencies led by Monero (XMR) are in the green. XMR has broken away from the rest with a remarkable bullish move that has seen in gain more than 1% on Sunday.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.