Cryptocurrencies Price Prediction: Ethereum, Shiba Inu & Bitcoin – American Wrap 18 October
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH share spotlight while XRP struggles
Bitcoin price is continuing its ascent and will face the $62,944 resistance barrier next. Ethereum price has moved on from consolidating under one hurdle to another at $3,938. Ripple price flash crashes close to $1.01 support floor but recovers quickly, eyeing retest of $1.27. Bitcoin price is not looking back as it breached the $60,000 psychological level. Ethereum mirrors the big crypto’s moves, but Ripple seems to be more volatile than the top two cryptocurrencies.
Shiba Inu warns of lower prices as SHIB might test $0.000022
Shiba Inu price continues to consolidate after making massive gains. A false breakout above an ascending triangle could trigger a deeper corrective move. Strong support exists if a deeper pullback does occur. Shiba Inu price has, in a surprise to many, maintained the majority of its huge rally. While Dogecoin killer Shiba Inu has made gains over 340% from the October open, it is still up over 280% despite the recent pullbacks. However, it could dip a little lower.
Bitcoin price could dip before testing all-time highs
Bitcoin price (BTC) has been on a tear these past few days, with bulls breaking $60,000. To keep the uptrend intact, buyers will want to wait for the daily Relative Strength Index (RSI) to dip back below 70. This dip below 70 in the RSI would coincide with a test of $60,000 and would offer new buyers a good entry for the next phase in the uptrend toward $65,087 or new all-time highs.
Author
FXStreet Team
FXStreet
