Category: Banking

Bitcoin (BTC) Price Prediction – September 30

The Bitcoin price is trading above $10,700 against USD and the coin is likely to climb steadily with a few downward moves.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $11,600, $11,800, $12,000

Support Levels: $10,000, $9,800, $9,600

It is safe to say that Bitcoin has been turbulent in recent days, after tight trading for a few weeks with relatively low volatility. A few days ago (September 24), the Bitcoin price rose sharply by moving above the resistance levels of $10,500 and $10,700 against the US dollar. At the moment, the price is declining and is moving close to the 9-day and 21-day moving averages at $10,755.

What is the Next Direction for Bitcoin?

A crucial uptrend could probably form if the coin remains above the moving averages, with support close to $10,500 on the daily chart. … Read more

ETH Price Prediction – September 29

The technical indicator shows that the second-largest cryptocurrency may start following sideways movement.

ETH/USD Market

Key Levels:

Resistance levels: $410, $412, $414

Support levels: $300, $298, $296

ETH/USD, the second-largest cryptocurrency with the current market capitalization of $40.33billion, may continue to be range-bound. Recently, the coin faced stiff resistance on approach to psychological $355 and settled at $356.91 at the time of writing. ETH/USD is currently gaining about 0.85{998ff540fe94a59c7c9828c4dd5223100610db67cea90947d11644c77e05f5f4} on a day-to-day basis after touching the daily low of $350.

Where is ETH Price Going Next?

At the time of writing this article, ETH/USD buyers have retained the control of the market. For the past few weeks, there has been a resounding victory for the bears as Ethereum’s price dipped down, breaking below the 9-day and 21-day moving averages before rebounding to where it is currently trading at the … Read more

ETH Price Prediction – September 28

ETH/USD is still struggling to stay above $380 as the entire market takes a brief pause.

ETH/USD Market

Key Levels:

Resistance levels: $420, $440, $460

Support levels: $300, $280, $260

ETH/USD is currently recovering above $360 and it is likely to climb back above $380 soon. Ethereum has been trading bullishly since the past four days and the coin is now trading above the 9-day and 21-day moving averages. The monthly-high remains at $488.95 while the nearest support level for the current trading is located at $330 in the short-term.

What to Expect from Ethereum (ETH)

If Ethereum price breaks and remains above the moving averages, it could test the $380 resistance. However, a successful break above this level could open the doors for a fresh increase above the $400 level. In the mentioned case, the price is likely to … Read more

BCH Price Prediction – September 27

The Bitcoin Cash shows an amazing intraday hike as it rises from today’s low of $216 to currently trading above $225.

BCH/USD Market

Key Levels:

Resistance levels: $245, $255, $265

Support levels: $200, $190, $180

BCH/USD is seen pushing the price above the critical resistance level. The coin is trading above the 9-day and 21-day moving averages to trade at $225.86 at the time of writing. The Bitcoin Cash is also seen focusing on the bullish momentum after a sustainable break above the channel. More so, the coin has gained over 2.01{998ff540fe94a59c7c9828c4dd5223100610db67cea90947d11644c77e05f5f4} since the beginning of the day as it is using $215 support as a jumping-off ground to develop the upside momentum, which is now gaining traction.

What to Expect from Bitcoin Cash (BCH)

On the upside, if BCH/USD stays above the 9-day and 21-day moving averages, the price … Read more

Bitcoin (BTC) Price Prediction – September 26, 2020
After the last bearish impulse on September 3, BTC/USD is range bound between $10,000 and $11,000. Bitcoin price is yet to break these range-bound levels for the past three weeks. Presently, BTC is in a tight range between $10,620 and $10,800.

Resistance Levels: $10,000, $11, 000, $12,000
Support Levels: $7,000, $6,000, $5,000

Since September 24, Bitcoin is trading in a tight range after its recent upward move to the previous highs. The bulls have retested the $10,800 resistance on four occasions to break it, whereas the bears have retested the $10,620 on two occasions to break it. The current resistance can easily be broken if BTC makes a strong bounce within a tight range. A strong bounce will propel price to break the resistance at $10,800 and the momentum will extend to retest or break the $11,000. … Read more