Bitcoin, Ripple, & Ethereum – Asian Wrap 01 Jul

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Bitcoin Price Forecast: BTC/USD bears cancel out Monday’s gains as market comes to a close

BTC/USD  has dropped from $9,187.71 to $9,129.30 this Tuesday, following two consecutive bullish days. The price is currently moving in the lower half of the 20-day Bollinger Band. The RSI has been trending in the neutral zone for a long time.

 

Ripple Price Analysis: XRP/USD sits on top of the lower curve of the 20-day Bollinger Band

XRP/USD has dropped from $0.1754 to $0.1746 as markets opened this Wednesday. The bears have remained in control for the second straight day as XRP/USD continues to flirt with the downward trending line. 

 

Ethereum Price Analysis: ETH/USD trends in the lower half of the 20-day Bollinger Band for the seventh straight day

ETH/USD dipped a bit from $227.89 to $226.15, following two straight bullish days. Over the last seven days, the price has been trending in the lower half of the 20-day Bollinger Band curve. The Elliott Oscillator has had six straight red sessions.

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