Bitcoin $8800, NEO $13, Ripple $0.2700. Cryptocurrencies price prediction – European Wra…

Bitcoin is locked in a tight range limited by $8,800 on the upside and $8,700 on the downside. The first digital coin has recovered from Tuesday’s low of $8,558; however, the upside momentum has faded away on approach to the resistance area created by a combination of SMA100 (Simple Moving Average) and the upper line of the Bollinger Band on 1-hour timeframe. We will need to see a sustainable move above this handle for the upside to gain traction with the next focus on $9,000. SMA200 (Simple Moving Average) 1-hour might turn in into a stiff barrier for BTC bulls.

NEO reached the recent top at $13.27 during early Asian hours before retreating to $12.99 by the time of writing. The 17th largest digital asset with the current market value of  $918 million, has gained nearly 15% on a day-to-day basis and 7% since the beginning of the day.  While the coin has partially reversed the gains, it is still bullish in the short run.

Ripple’s XRP hit…