Cryptocurrencies price prediction: Bitcoin, Ripple & Neo - Asian Wrap 12 Nov


Bitcoin price prediction: BTC/USD capped by resistance levels at $8,900 and $9,025 

BTC/USD has had a bullish start to Tuesday and is currently priced at $8,738.65. This follows an extremely bearish Monday wherein the price dropped from $9,035.30 to $8,721.25. The daily confluence detector currently shows two healthy resistance levels at $8,900 and $9,025.

fxsoriginal

 

Ripple price analysis: XRP/USD dancing with the 38.2% Fibo, $0.28 is still unconquered

Ripple is forcing a recovery amid a generally bullish environment across the crypto space. Unlike Monday, the entire market is in the green. Leading the recovery on the day is NEO, EOS and Bitcoin Gold having corrected higher 2%, 1.35% and 1.23% in that order.

 

NEO price update: NEO/USD bulls wake up to lead recovery, up 2.45%

NEO bears are waking to a rude shock having found the bulls full in control of the throttle. NEO is in the initial stages of flying the bullish flag high above the crypto horizon. Besides, the price is already 2.45% higher on the day. A rising wedge pattern suggests that NEO will reverse the trend, possible stop at $11.40.

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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Two healthy support levels are keeping BTC/USD above $9,000

After three immensely bullish days, the bears stepped back in to correct the BTC/USD market. This Tuesday, the buyers spiked BTC/USD from $8,890 to $9,401, before the bears adjusted the price to $9,330.45 in the early hours of Wednesday.

More Bitcoin News

Ethereum Classic Price Analysis: ETC/USD breaks past $11.50-level

ETC/USD charted four straight bullish days to go up from $8.44 to $11.65, going past the $11.50-level, in the process. The last time ETC/USD was trending around this level was back in September 2018.

More Ethereum Classic News

XRP/USD must breach Ichimoku cloud to re-enter the $0.25 zone

This Tuesday, XRP/USD went up from $0.23 to $0.239 this Tuesday. However, the bears were able to take charge in the early hours of Wednesday and correct the price to $0.2387. To re-enter the $0.25 zone, the price must breach the red Ichimoku cloud.

More Ripple News

LTC/USD sustains gains within a rising channel, jumps above $60

Litecoin is among the cryptocurrencies struggling to sustain the gains accrued during the Asian session on Wednesday. The price zoomed past the $60 resistance towards the end of the Asian session on Tuesday. However, the momentum to the north ...

More Litecoin News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Bitcoin bulls and bear fight gets a tougher edge

The cryptocurrency market started the downside correction after a strong rally initiated by risk reversal play at the beginning of January and reinforced by various altcoin pumps...

Read the weekly forecast

BTC

ETH

XRP