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Cryptocurrencies Price Prediction: Ethereum Classic, Ethereum & Ripple — Asian Wrap 19 September

Cryptocurrencies Price Prediction: Ethereum Classic, Ethereum & Ripple — Asian Wrap 19 September
FXStreet TeamFXStreet TeamFXStreet

Is the Ethereum Classic price losing Investors' support post-Merge?

Ethereum Classic price could be setting up for a sharp decline targeting $22.50. Key levels have been identified. Ethereum Classic price could be on its way toward a 25% decline. At the current time, the bears have breached both the 8-day exponential and 21-day simple moving averages. Amidst the breach, a significant uptick in volume entered the market. 


Ethereum price is on a steep decline targeting $1250, here’s what traders should be aware of

Ethereum price is developing more bearish signals as the weekend progresses.  Since Friday September 10 the bears have forged a 22% decline. The decline comes at an interesting time as the market sentiment has been quite bullish with speculation that the Merge would bring fruitful returns.

Why the next XRP price prediction will be more challenging than the previous

XRP price has displayed applaudable price action over the weekend. Since Friday, September 16, the digital remittance token has rallied 19%, validating the previous bullish trade idea mentioned in the last thesis. Now that the bulls have breached the $0.39 target, a double scenario is underway.

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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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