Ethereum, Bitcoin & Ripple — Asian Wrap 10 October

Ethereum


Ethereum (ETH) is trading at $2,413 on Wednesday as it looks to test the support level near $2,395. The current bearish price outlook could change drastically if Vitalik Buterin surprisingly emerges as an economics Nobel Prize winner on October 14.

Bitcoin (BTC) could reach $80,000 by year-end if the market sees no surprises and the upcoming elections do not affect investor sentiment, according to Bitwise Chief Investment Officer (CIO) Matt Hougan. Meanwhile, the US government considers Bitfinex the sole victim and potential recipient of 119,754 BTC seized from hackers.

Ripple’s XRP price is consolidating close to $0.530 as the $0.544 resistance continues to hold. If XRP fails to move above this level in the coming days, its price could decline toward the $0.500 psychological level.



#Ethereum #Bitcoin #Ripple #Asian #Wrap #October

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