Cryptocurrencies price prediction: Ethereum, Bitcoin & NEO - European Wrap - 18 September


Ethereum (ETH) price analysis: ETH/USD settles above $200.00 amid altcoins'bull run

The second-largest cryptocurrency with the current market capitalization of $21.4 billion stopped within a whisker of critical $200.00 during early Asian hours. While the coin has retreated to $197.67 by the time of writing, it is still trading with bullish bias/ It means that the coin may resume the upside and ahs another try at $200.00 in the nearest future. ETH/USD has gained over 2.5% on a day-on-day basis and stayed unchanged since the beginning of the day. 

 

Bitcoin price prediction: BTC/USD must clear one prominent barrier before breakout – Confluence Detector

Bitcoin appears to be stabilizing above $10,200 despite the news that VanEck has withdrawn its Bitcoin exchange-traded fund proposal. The Securities and Exchange Commission in the United States was preparing to give its final verdict on whether to reject or approve the ETF product on October 18. There are still two more Bitcoin ETFs in review.

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NEO price analysis: NEO/USD retreats from intraday high, upside momentum recedes

NEO is performing strongly on Wednesday. The 20th largest digital asset with the current market value of $69 million gained over 7% both on a day-on-day basis and moved nearly 3% higher since the beginning of the day.  At the time of writing, NEO/USD is changing hands at $9.80, off the intraday high of $9.87. The coin is moving in sync with the rest of the market as there are no NEO-specific reasons for the strong growth.

 

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Bitcoin Price Prediction: BTC/USD en route to $20,000 by end of 2020

Bitcoin price has employed defense mechanisms after a breakdown from highs above $10,000. The price formed a weekly low below $9,400 before recovering above $9,600. The trading commenced at $9,667 on ...

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Ripple Price Analysis: XRP/USD sandwiched between SMA 200 and SMA 50 curves

XRP/USD dropped from $0.203 to $0.2028 as Wednesday’s sessions came to a close. The price is floating above the green Ichimoku cloud and between the SMA 200 and SMA 50 curves.

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ETH/USD trends near the upper curve of the 20-day Bollinger band

ETH/USD went up from $237.65 to $242.16 as Wednesday’s session came to a close. The price is trending near the upper curve of the 20-day Bollinger band, as the MACD shows increasing bullish momentum. 

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IOT/USD outperforms Bitcoin, spikes above the Ichimoku Kinko Hyo

IOTA is towering above major cryptocurrencies in the market following a 1.7% growth on the day compared to Bitcoin’s 0.08% gain. Other cryptoassets such as Ethereum and Ripple have ...

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Bitcoin Weekly Forecast: BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300.

Read the weekly forecast

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