RATE Group | Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum
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Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum

18 Dec Cryptocurrencies price prediction: Bitcoin, Ripple & Ethereum

Posted at 18:52h in Ethereum News by

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BTC/USD bulls start desperate recovery attempt, upside capped off by resistance levels

This Tuesday, BTC/USD had its second straight heavily bearish day, falling from $6,877.65 to $6,612.15. The bulls have rallied together in a desperate attempt to recover the price this Wednesday. However, the upside is capped by strong resistance levels at $6,710, $6,765 and $6,810. $6,710 has the one-day Fibonacci 38.2% retracement level and $6,765 has the one-week Pivot Point support-two and one-hour Bollinger Band middle curve.

fxsoriginal

 

Ripple Technical Analysis: Where is the next support?

Ripple has suffered a crushing 11% fall on Tuesday. Ripple bulls had previously signed a petition complaining to Ripple about the performance of the coin. The psychological 0.20 level had been holding firm but during Tuesday’s wave of selling it just could not cope.

 

Ethereum price analysis: RSI indicator struggles to come out of the oversold zone

ETH/USD had its second straight…

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