Cryptocurrencies Price Prediction: Bitcoin SV, EOS & Kyber – American Wrap 6 June


Bitcoin SV Technical Analysis: BSV/USD eyeing up $200 after a massive 22% price boost

Bitcoin SV is making a comeback after a ridiculous 22% breakout almost hitting $200 for the first time since June 11. Of course, BSV is currently inside a daily uptrend and above the 12-EMA and the 26-EMA. 

EOS Technical Analysis: EOS/USD still facing resistance at $2.61 despite huge 8% increase in price

After holding two higher lows in a row at $2.3 and $2.32 respectively, EOS has now confirmed a daily uptrend. Buyers have pushed the digital asset above the 12-EMA and the 26-EMA which crossed bearishly on June 14. 

Kyber Network Technical Analysis: KNC/USD eyeing up $2 again after a brief and healthy consolidation

Kyber Network has been outperforming basically the entire crypto market for the past month. On July 3, KNC/USD hit a new 2020-high at $2.05, a level not seen since May 2018. After two days of healthy consolidation, KNC bulls are back and eying up $2 again.

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BTC sandwiched between strong resistance and support levels

Investment management firm Grayscale has recently resumed its acquisition of Bitcoin. Grayscale investment firm has bought 17,100 Bitcoin in the past week. BTC faces a strong resistance level at $10,800, as per the daily ...

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VeChain Technical Analysis: VET upside capped at $0.015

The 4-hour VET/USD has broken above the downward trending line and the 100-day Simple Moving Average (SMA 100). In the process, the TD sequential has flashed a buy signal. The MACD has reversed from bearish to bullish ...

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Zcash Price Forecast: ZEC on the cusp of ultimate liftoff $85

Zcash, a privacy-oriented digital asset, has continued to slice through crucial support levels since it traded above $100 in the first week of August. The price has been maintained within the confines of a parallel descending channel. 

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Bitcoin Cash Price Analysis: BCH flashes sell signals in 4-hour and 12-hour charts

The BCH 4-hour chart flashed a sell sign in the TD sequential indicator. After flashing the signal, the price has been trending horizontally over the next six sessions. The IOMAP shows that the price is currently sitting on top of a healthy support wall.

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Bitcoin Weekly Forecast: Keep calm and HODL on until the USA elects the president

Bitcoin (BTC) partially regained the losses incurred at the beginning of the week; however, the upside momentum is still too weak to take the price out of the bearish territory and ensure a sustainable recovery. 

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