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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Bitcoin Cash – Asian Wrap 20 Nov

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Bitcoin Cash – Asian Wrap 20 Nov
FXStreet TeamFXStreet TeamFXStreet

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.

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Ripple tests recovery strength amid steady ETF inflows, growing retail interest

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Bitcoin extends gains as ETF inflows persist despite broadening US-Iran war

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Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war

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The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.

Pi Network eyes breakout rally as broader market recovers

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Pi Network (PI) price extends gains above $0.1900 at press time on Thursday, following a 7% increase the previous day. The upcoming token unlock of more than 20 million PI tokens on Saturday looms over the short-term recovery. 

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Bitcoin: Another month of losses, and it’s been five

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Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.