BuyUcoin Talks
Published in

BuyUcoin Talks

Top 5 Cryptocurrency Weekly Price Prediction By BuyUcoin Expert 2020

BuyUcoin returns with a weekly technical analysis report provided by their skilled cryptocurrency specialist, with a price prediction #5 of the top 5 cryptocurrencies from 17th August to 23rd Aug.

In this article, you can find below these top 5 cryptocurrency price forecasts and the technical analysis report.

  1. BTC (Bitcoin)

2. Ethereum (ETH)

3. Litecoin (LTC)

4. Ripple (XRP)

5. Bitcoin Cash (BCH)

With BuyUcoin you will get…

Lets Start…

  1. Bitcoin (BTC) Technical Analysis 2020
Bitcoin Technical Analysis Graph

BTC, in the grand scheme of things, did make a higher high on the weekly time frame and officially confirmed the bull trend on the monthly basis as well, but that doesn’t mean BTC will not see downside regions again.

We will still see a short term downside push but overall we are going to the 12500–13000$ region mentioned in the charts.

BTC should see the pullback to the 10500$ region which is also a major support for the long term perspective. If BTC did retest the 10500$ then it will officially confirm the higher low on the weekly and the monthly time frame and it will continue to see the upper zones as stated.

2. Ethereum (ETH) Technical Analysis 2020

Ethereum Technical Analysis Graph

ETH did see some major breaks to the upside and have outperformed BTC, XRP, LTC, and BCH in terms of % gains and successfully breaches to the 450$ region.

ETH will also see a short term pullback to the downside regions which is located at around 370$ region, if it holds the rocket ship movement to the upside should occur soon.

3. Litecoin (LTC) Technical Analysis 2020

Litecoin Technical Analysis Graph

LTC on the other hand will also see some sort of short term pullback at around 50$ region which was expected as aligned with the other alts analysis.

LTC will breach the 76$+ zone territory as aligned with the other coins analysis.

4. Ripple (XRP) Technical Analysis 2020

Ripple Technical Analysis Graph

Last week an analysis report predicted the move of XRP to the 40 cents regions which did not commence and that is completely fine during this time in the market, but the upside targets are not invalidated yet.

XRP will also see the short term pullback to around 23–25 cents region and then start its upside movement to around 40 cents.

5. Bitcoin Cash (BCH) Technical Analysis 2020

Bitcoin Cash Technical Analysis Graph

As assigned with the BTC analysis. BCH will also see the pullback to the 220$ region on the daily time frame and from there the upside explosion should occur around 370–400$ region.

Registered your self to become skilled crypto traders Here.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store