Bitcoin price prediction: BTC/USD lacks powerful support levels, may drop even more
BTC/USD had another strongly bearish day this Wednesday. The price of the asset had gone down from $8,537.35 to $8,46. So far today, the price has fallen further to $8,390. The worrying part is that the daily confluence detector doesn’t show any support levels of note till $8,100.
Ripple market update: XRP/USD still at high risk of revisiting $0.22
Ripple is pushing itself out of the rabbit it crypt into a couple of days ago. XRP came from testing levels marginally above $0.32 to refreshing the lows under $0.22 in less than a week.
Ethereum price analysis: Bears take over as ETH/USD consolidates in flag formation
Following a slightly bullish Wednesday, the bears have taken control of the market in the early hours of Thursday. So far, the price has gone down from $170 to $167.72. The hourly breakdown shows us that since yesterday, the bulls and bears are locked up in an intense tug-of-war. The price has been trending horizontally between $173.35 to $164.30
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