RATE Group | Bitcoin, Ethereum, Ripple and EOS Price Analysis 14th September
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Bitcoin, Ethereum, Ripple and EOS Price Analysis 14th September

Bitcoin, Ethereum, Ripple and EOS Price Analysis 14th September

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Bitcoin held the $6,000-6,100 support and recovered recently. Major Altcoins like Ethereum, ripple, EOS, bitcoin cash and litecoin also found support around yearly lows and later started a short term correction. However, BTC/USD is approaching a crucial resistance, which could stop the current recovery.

Crypto Price Watch

Key Takeaways:

  • Bitcoin price corrected above $6,300 after trading as low as $6,123.
  • Ethereum surged by more than 18% recently and climbed above $200.
  • Ripple price is likely forming a double bottom pattern near the $0.2530 support.
  • EOS buyers defended the $4.60 support area and pushed the price higher.
  • FTXT, TCC, VITAE and Webcoin surged more than 200% during the past 7 days.

Bitcoin Price Analysis

Bitcoin price mostly traded with bearish moves this week and traded close to the $6,100 support. The BTC/USD pair traded as low as $6,123 and later started a decent recovery.

Bitcoin Price Analysis BTC Chart

Bitcoin Price Chart: Click to Enlarge

Looking at the 4-hours chart, the price traded in a range for a few…

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