fxs_header_sponsor_anchor

Cryptocurrencies price prediction: EOS, Ethereum & Bitcoin - European Wrap - 9 September

EOS price analysis: EOS/USD jumps above $3.8 amid strong bullish momentum

EOS gained over 7% of its value in a matter of hours amid strong bullish momentum on the cryptocurrency market and became one of the best-performing altcoins out of top-20. At the time of writing, EOS/USD is changing hands at $3.88, off the intraday high reached at $3.96.

EOS/USD, the technical picture

Notably, a sustainable move above $3.80 helped to improve the short-term technical picture. The next strong barrier awaits us on approach to psychological $4.00. Once it is out of the way, the upside is likely to gain traction with the next focus on $4.57 (the highest level since the beginning of August) and $5.00 with a confluence of SMA100 (Simple Moving Average) and SMA200 daily located on approach.

Ethereum (ETH) price analysis: ETH/USD makes its way above $180.00

The second-largest cryptocurrency with the current market capitalization of $19.1 billion has recovered from the intraday low of $176.26 to trade at $180.00 at the time of writing.  ETH/USD is still down 1% both on a day-on-day basis and since the beginning of the day.

Bitcoin price analysis: BTC/USD stops within a whisker of $10,000

Bitcoin (BTC) started Monday with a strong sell-off. The first digital asset dropped to an intraday low of $10.083 before recovering towards $10,121 by the time of writing. BTC/USD has lost nearly 3% since the beginning of Monday and 3.6% on a day-on-day basis. Considering that the bearish sentiments remain strong we may see another assault at critical $10,000 pretty soon. Bitcoin dominance slipped to $69.8% from 71%.

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.