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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. 

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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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