Cryptocurrencies price prediction: Bitcoin, Ripple & NEO - European Wrap - 12 September


Bitcoin price prediction: BTC/USD bulls regain control, upside momentum lacks strength – Confluence Detector

Bitcoin is trading below the opening price ($10,158) on Thursday. The bulls initially extended the leg above $10,200 resistance before a reversal swept in at $10,205.70). The chart I analyzed earlier today shows regression having been stopped slightly above $9,800 on Wednesday. The almost immediate bounce above $10,000 was supported by the ascending trendline further encouraging the buyers to regain control.

fxsoriginal

Ripple price analysis: XRP/USD recovers from $0.2500, still under pressure

Ripple’s XRP, the third-largest digital asset with the current market capitalization of $10.8 billion, has recovered from the intraday low of $0.2211 and settled at $0.2530 by the time of writing. Despite the recovery, XRP/USD stays down 1.4% on a day-on-day basis.

 

Ripple

NEO price analysis: NEO/USD cannot make its way above $9.00

NEO has been sidelined below $9.00 handle. The 20th largest digital asset with the current market value of $628 million has gained nearly 2% since the beginning of the day and stayed unchanged on a day-on-day basis. NEO is most actively traded at Bitfinex against USDT. From the longer-term perspective, the coin peaked at $24.04 on June 26 and has been moving within a downside trend ever since

 

NEO

 

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

Bitcoin and major altcoins extend the decline on Monday

BTC/USD is currently trading at $9,822 (+1.6% on a day-to-day basis). The coin has recovered from the intraday low of $9,714, however, the upside momentum is still slow. 

More Cryptocurrencies News

LTC/USD freefall to $60 seems imminent

Litecoin recently climbed several barriers including $70 and $80. Although the focus was on $100, the high formed at $84 marked the end of the rally. The price has retreated to $72, besides the bulls are fighting to keep LTC above $70. 

More Litecoin News

NEO/USD regains ground above $14.00 as Binance launches NEO/USDT futures

NEO/USD topped at $16.72 on February 14 and hit the recent low of $13.41 on Sunday amid global sell-off on the cryptocurrency market.

More NEO News

Bitcoin Cash Market Update: BCH/USD 6% dive ravages $400 support

Bitcoin Cash is leading the sloth of bears in the cryptocurrency market. The losses that started on Saturday continued to dominate both the Asian session and the European sessions on Monday. BCH/USD is trading at $385 following a 6.72% loss on the day.

More Bitcoin Cash News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC bulls brace for jump to $11,000

Bitcoin (BTC) has been growing for three weeks in a row. The first cryptocurrency hit $10,504 on Thursday - the highest level of 2020.

Read the weekly forecast

BTC

ETH

XRP