Cryptocurrencies Price Prediction: Bitcoin, Ripple & Bitcoin Cash – Asian Wrap 20 Nov
|There is only 0.5 Bitcoin for every millionaire in the world, but these billionaires are buying them all
The last halving has undoubtedly caused a significant supply shock to the Bitcoin in circulation, leading to increased scarcity. It appears the race to own BTC is growing as more wealthy individuals want to have a piece of the pie, and the billionaires seem to be ahead.
Ripple Price Prediction: XRP prepares to pullback to $0.27 before an ultimate breakout
It would seem that the price of XRP is showing signs of a potential retracement before bouncing off to the upside in the short term. Indicators show that incoming bearish momentum could see it go as low as $0.27 before it takes off. The Fibonacci retracement tool confirms the sell signal on a daily chart.
Bitcoin Cash Price Prediction: BCH prepares for 21% upswing if consolidation breaks
Bitcoin Cash has recovered considerably from the downswing experienced after the $339 peak achieved in August. At the time of writing, BCH looks towards a potential breakout to $320 or a breakdown that would erase the gains made to $193.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.