14.6 C
Amsterdam
26 September 2023
PumpMoonshot
Image default
News

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & EOS – American Wrap 18 Aug


Bitcoin is trading at $11,934 after a significant rejection from $12,387 dropping 3% within minutes. Bears haven’t gotten a lot of continuation just yet as Bitcoin is seeing some support from the daily 12-EMA at $11,763.

Ethereum is currently trading at $422 after a slight pullback from $433 following Bitcoin’s retreat below $12,000. There are no red flags just yet for Ethereum bulls and the daily uptrend is still intact.

EOS had a massive breakout on August 15 going from $3.26 to $3.85 and getting continuation the next day towards $4. EOS has been under consolidation for the past two days even though Bitcoin just had its initial breakout above $12,000.

News Source

Related posts

Crypto Strategist Says XRP Looks Bullish, Traders Are Sleeping on Two Overlooked Altcoins

PumpMoonshot

One of Biggest Bitcoin Mining Firms in Canada to Start Selling Its Holdings

PumpMoonshot

Ethereum’s Vitalik Buterin Faces Criticism Due to His Twitter Request Survey

PumpMoonshot