RATE Group | Bitcoin, Ethereum, Ripple and EOS Price Analysis 5th October
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Bitcoin, Ethereum, Ripple and EOS Price Analysis 5th October

05 Oct Bitcoin, Ethereum, Ripple and EOS Price Analysis 5th October

Posted at 08:28h in Bitcoin News by

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Bitcoin is holding the important $6,400 support. Major Altcoins like Ethereum ripple, bitcoin cash, EOS and litecoin are currently consolidating and preparing for the next move. The next couple of days could be crucial and there could be swing moves in the cryptocurrency market.

Crypto Price Watch

Key Takeaways:

  • Bitcoin price is slowly moving higher and is currently trading above the $6,400 support.
  • Ethereum is trading inside a symmetric triangle with resistance at $231.
  • Ripple price broke a key support and is currently trading with a tiny bearish angle.
  • EOS is likely to make the next move either above $6.00 or below $5.50.
  • PGT and SWM gained more than 200% during the past 7 days.

Bitcoin Price Analysis

Bitcoin price traded with a slight positive tone from the $6,320 support area. The BTC/USD pair traded above the $6,700 and $6,750 level, but buyers failed to break the $6,830 resistance area.

Bitcoin Price Analysis BTC Chart

Bitcoin Price Chart: Click to Enlarge

Looking at the 4-hours chart, the price traded as high as $6,828 and later…

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