14 May Bitcoin, Ripple & Ethereum – Asian Wrap 14 May
Bitcoin Price Analysis: BTC/USD runs out of steam as it nears the $9,500 level
BTC/USD dropped a bit from $9,320 to $9,303 following a hugely bullish Wednesday. The Elliott Oscillator has had five straight red sessions, while the MACD shows sustained bearish momentum. The 20-day Bollinger jaw has narrowed, which indicates decreasing price volatility.
Ripple Price Analysis: XRP/USD pushes above $0.20, Ripple to launch new loan platform
Ripple price has embarked on a mission of breaking barriers. This follows a recent dip to May lows at $0.1750. Recovery ensued with XRP stepping above $0.20, however, it was not without struggle. XRP/USD is flirting with $0.2015 amid a developing bearish momentum. An intraday high has been achieved at $0.2029.
Ethereum Price Analysis: ETH/USD breaches $200 barrier, is $220 the next target?
The cryptocurrency market is slightly in the red during the Asian session. Prior to the losses, the coins in the market spiked…