Trading Ideas

Cryptocurrencies Price Prediction: Bitcoin, Ripple, and ChainLink – Asian Wrap October 8

Bitcoin Price Forecast: BTC faces solid opposition stack between $10,700 – $10,800.


The price is uniting in a symmetrical triangle design, presently sandwiched between the 50-12-hour SMA and 200-12-hour SMA. Furthermore, solid opposition lies at the 50-12-hour SMA curve ($10,700) that has consistently dismissed the cost. 

Ripple Market Update: All eyes on the up and coming Swell occasion as XRP continues getting dismissed at key opposition levels. 

Swell is Ripple’s yearly meeting held by the American innovation organization. It was First reported back in August 2017, it’s an intuitive conference that brings together the top figures in the digital currency and blockchain universes. Fast forward to the present year, the occasion will be held on October 14 and 15. 

Chainlink Price Prediction: LINK could re-test $10 yet faces steep opposition ahead. 

On September 24, LINK had an enormous price spike from $7.4 to $10.53, moving over the 100-SMA and transforming it into support. Shockingly, this level was lost on September 29, and the value began to decrease soon after that. A few purchase signals have been introduced on various time periods, demonstrating expanded purchasing pressure.


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