Bitcoin, Ripple and Tezos – Asian Wrap 02 Nov

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Bitcoin Price Analysis: BTC / USD Retires After Jumping to 33-Month Highs Above $ 14,000

After Wednesday’s correction, Bitcoin (BTC / USD) has been making gains for two consecutive days and maintains its bullish momentum over the weekend to hit its January 2018 best level at $ 14,090. However, this move appears to have triggered profit taking on the last day of the month, and BTC / USD was last seen trading at $ 13,830, where it was up nearly 2% on a daily basis.

Ripple Price Analysis: XRP / USD struggles to stage convincing bounce, trading close to $ 0.24

Ripple (XRP / USD) closed the previous three days in negative territory and hit its lowest level in nearly a month at $ 0.2322 on Friday. While the pair erased much of its losses before closing near $ 0.24, it struggled to gather further bullish momentum on Saturday. At the time of writing, XRP / USD was up 0.5% on the day to $ 0.2407.

Tezos struggles to turn bullish, trading close to $ 2

Tezos (XTZ) closed the first five days of the week in the red and hit its lowest level since early April at $ 1.7969 on Friday. Although XTZ has written off a small portion of its weekly losses on Saturday and gained over 4%, it appears to be having a hard time preserving its bullish momentum on Sunday. At the time of writing, XTZ was down nearly 1% over the course of the day to $ 1.9650.

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