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Bitcoin Cash, Band & Ethereum – Asian Wrap 19 Oct

Bitcoin Money Technical Evaluation: BCH breakdown appears unstoppable

Bitcoin Money bearish outlook began to materialize on Friday following widespread declines. The crypto market’s selloff was attributed to the unpalatable information that OKEx suspended all digital belongings/cryptocurrencies withdrawals. Earlier than that, FXStreet mentioned the coin’s bearish state of affairs following the formation of a rising wedge sample.

 

Band Protocol Technical Evaluation: BAND spectacular restoration eyes $7.5

Band Protocol is crowing the weekend with a exceptional restoration. Following losses from $7.5, help was embraced at $5.eight. Over the previous couple of days, the progress made may be attributed to the help Band Protocol is receiving after a profitable mainnet launch. On the time of writing, the token is buying and selling at $6.four amid a quick constructing bullish momentum.

 

Ethereum Worth Prediction: ETH should maintain this significant help for bullish outlook to $400

The sensible contract token skilled an extremely eventful week, beginning with a ballistic rise to $395 and ending with a hunch to $360. The worth motion to $400 was invalidated on Monday, opening the Pandora field. Assist between $375 and $380 noticed ETH take a hiatus from the downtrend.

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