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Cryptocurrencies price prediction: Bitcoin, Ethereum & EOS – Asian Wrap 11 Oct

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Bitcoin price prediction: BTC/USD can re-enter the $9,000-zone after overcoming resistance at $8,6000

BTC/USD has gone down from $8,589 to $8,560 so far today. The bulls and bears canceled each other out this Thursday as the price trended horizontally and ended around $8,588.

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Ethereum technical analysis: ETH/USD trends in a downward channel formation

The bears remained in control for the second day in a row. ETH/USD is trending in a downward channel formation as the price went down from $191.85 to $190 so far today.

 

Eos price analysis: EOS/USD drops by 4% after encountering resistance at $3.26

EOS/USD has gone down from $3.26 to $3.13 so far today. The price has been following a pattern of consolidation and breakout for over two weeks. EOS/USD is currently sandwiched between the 50-day SMA 50 and SMA 20 curves (with SMA 20 on the downside).

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