Home Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple – American Wrap – 05 November
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Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple – American Wrap – 05 November

Bitcoin technical analysis: BTC/USD the big barrier of $9100 – 9500 is being tested

Bitcoin  price is trading in negative territory, down some 1.45% in the second half of the session.  

BTC/USD price action is further narrowing within a pennant structure, subject to a breakout.  

Big supply area is seen running from $9100-9500, ahead of the psychological  $10,000 mark.

Ethereum technical analysis: ETH/USD must break down $200

Ethereum price is trading in the green, up 2.15% the session on Tuesday.

ETH/USD has offered little in terms of volatility over the last 11 sessions, as the price consolidates.  

A strong barrier of resistance is observed  at the psychological  $200 mark, preventing further upside pressure.  

Ripple’s XRP  technical analysis: XRP/USD bulls having another go at $0.3000

Ripple’s XRP price is trading with the green by some 0.65% in the session on Tuesday.  

XRP/USD running towards its second consecutive session in the green.  

Should the bulls break down 0.3000, it would likely open the door to a fresh wave of selling pressure.    

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