RATE Group | Bitcoin $7200, Ripple $0.2176, TRON $0.0137. Cryptocurrencies price prediction: – Europe…
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Bitcoin $7200, Ripple $0.2176, TRON $0.0137. Cryptocurrencies price prediction: – Europe…

13 Dec Bitcoin $7200, Ripple $0.2176, TRON $0.0137. Cryptocurrencies price prediction: – Europe…

Posted at 13:55h in Cryptocurrency News by

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Bitcoin (BTC) has bee paralyzed at $7,200 since Thursday. The first digital asset attempted a recovery towards $7,600 at the beginning of the week. However, the upside momentum proved to be unsustainable as the price retreated to the lower boundary of the recent consolidation channel.  At the time of writing, BTC/USD is changing hands at $7,202, mostly unchanged both on a day-to-day basis and since the beginning of Friday. 

 

Ripple’s XRP has been sliding down for the fifth day in a row, At the time of writing, XRP/USD is changing hands at $0.2176, down about 2% since the beginning of the day and 3% in recent seven days. 

Ripple’s XRP confluence levels 

Looking technically, XRP is vulnerable to further losses as long as it stays below $0.2200. If the bulls manage to push the price above this barrier, the short-term technical picture will improve with the next focus on $0.2250. Currently, there are several important levels clustered both above…

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