Home Cryptocurrencies Price Prediction: Bitcoin, Ripple & Cardano – American Wrap 7 September
Crypto News

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Cardano – American Wrap 7 September

Bitcoin price charts hint at double-bottom, relief rally to $10,800

Bitcoin has been clinging to the key $10,000 BTC price level all weekend as technical factors point to a short-term relief rally.

Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10K several times but seems to have found short-term support at this level. 

Ripple Price Analysis: XRP bulls defend crucial support level, aiming for $0.25

XRP is trading at $0.2340 after the notable crash on September 2. Bulls have been able to defend the daily 200-MA several days in a row as the trading volume continues dropping and the RSI gets closer to the oversold zone.

Cardano Price Prediction: ADA eying up $0.10 thanks to a reversal pattern forming

The trend is relatively straightforward, ADA is in a strong downtrend but has formed a double bottom at around $0.086, and a bounce is currently underway. Bulls have lost all three Moving Averages, which would act as resistance levels, but the nearest is over $0.10 for now. 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.