TRENDING:
UK GDP
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Ethereum Classic, Bitcoin & Ethereum— Asian Wrap 30 Aug

Cryptocurrencies Price Prediction: Ethereum Classic, Bitcoin & Ethereum— Asian Wrap 30 Aug
FXStreet TeamFXStreet TeamFXStreet

Ethereum Classic price indecisive as ETC remains trapped between two key averages

Ethereum Classic is fluctuating between gains and losses, lacking a clear directional for the second consecutive day this Sunday. ETC/USD has entered a phase of consolidation following Friday’s impressive rebound from two-week troughs at $58.69. Saturday’s Doji candlestick seems to have watered down expectations of a continued recovery in ETC price.

Bitcoin price yearning for a firm break above $50,000 amid looming options expiry

Bitcoin has witnessed good two-way price movements so far this Sunday, keeping its bearish momentum intact while below the $50,000 psychological barrier. However, the pioneer cryptocurrency continues to find strong bids near the $47,000 level. 

Ethereum Price Prediction: ETH bulls down but not out as $3400 beckons

Ethereum, the no.2 widely traded digital asset, is feeling the pulling of the gravity once, extending its bearish momentum into the second straight day this Sunday. With the selling resurgence, ETH price reverses half the rebound from weekly lows of $3050 reached last Friday. 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple correction pauses, but recovery prospects remain limited

Ripple correction pauses, but recovery prospects remain limited

XRP hovers above the critical $1.00 support level but faces diminishing recovery potential. Binance XRP futures Open Interest falls to $189 million, the lowest level in three months.

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Cryptocurrency prices are broadly consolidating near key lower support levels on Wednesday, led by Bitcoin, hovering around $74,000. Ethereum sits above $2,000 while its upside remains structurally capped. Ripple, meanwhile, holds delicately above $1.00.

Bitcoin at risk of sharp moves as leverage builds in derivatives markets

Bitcoin at risk of sharp moves as leverage builds in derivatives markets

Bitcoin remains in a capped tone, trading around $73,800 on Wednesday after slipping to a low of $72,727 following the previous day’s hot US inflation figures. Institutional demand continues to weaken, with BTC spot ETFs recording a $95 million outflow on Tuesday, marking the fourth straight day of withdrawals.

Chainlink holds at $10 as Moody’s Ratings completes CCIP testnet pilot

Chainlink holds at $10 as Moody’s Ratings completes CCIP testnet pilot

Chainlink edges higher on Wednesday, taking a breather after the previous day’s 3% decline. Moody’s Rating completes the testnet pilot on Chainlink’s CCIP to distribute credit assessment data across multiple blockchain networks simultaneously.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.