RATE Group | Bitcoin $9,788.66 Ripple $0.2144 Monero $61.46. Cryptocurrencies Price Prediction – American Wrap
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Bitcoin $9,788.66 Ripple $0.2144 Monero $61.46. Cryptocurrencies Price Prediction – American Wrap

08 May Bitcoin $9,788.66 Ripple $0.2144 Monero $61.46. Cryptocurrencies Price Prediction – American Wrap

Posted at 04:26h in Cryptocurrency News by

Ahead of the big halving event next week the bitcoin bulls are out in full force. The price is trading 7% higher on the session and a stone’s throw away from the 10K level. 

Looking closer at the chart we can see that the black trendline has been taken out in a very classic technical move. It could be retested in the medium term if the 10K level acts as a resistance zone but only time will tell. 

Ripple Price Analysis: A break of this chart pattern could give us some great clues

Ripple trades higher on the session but is seriously lagging behind the digital gold that is bitcoin. There is now a chart pattern that has developed on the hourly chart below and a break of this pattern could help us determine the future path of XRP. 

The pattern has a flat bottom which is now a support zone at 0.2079. If this level breaks the price could hit lower level and the next meaningful support lies at the psychological 0.20 level. On the topside, the price will…

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