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Cryptocurrencies Price Prediction: Bitcoin, Terra and Ethereum – European Wrap 19 August

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC retraces temporarily, taking major altcoins with it

Bitcoin price has slid deep into the newly formed demand zone where it is searching out stable ground for a trend reversal. This move has pushed many but not all altcoins into a momentary downtrend. Investors can expect this descent to transform into an upswing soon.

BTC/USDT 1-day chart

Terra Price Prediction: LUNA might be staring at a 30% correction

Terra (LUNA) price has been on a tear as it more than doubled over the past week. While this ascent is impressive, a correction should be around the corner as investors rush to book profits.

LUNA/USDT 1-day chart

Ethereum Price Prediction: ETH prepares for dip to $2,800

Ethereum price is retracing from following its explosive rally that witnessed ETH surge by over 95% from the July 20 low. The second-largest cryptocurrency by market capitalization is now consolidating as volume gradually subsides.  

ETHUSDT

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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