Cryptocurrencies price prediction: Bitcoin, Ripple & TRON – American Wrap – 19 November

Bitcoin $8,104.23 Ripple $0.2465 TRON $0.0168. Cryptocurrencies price prediction – American Wrap

There has been some serious selling momentum in the BTC/USD pair and the hourly chart below shows it. There has been an acceleration lower past the descending wedge pattern and the bottom of the pattern could provide some resistance. With this extra downside momentum, the market reached an extremely oversold level and now the momentum is wearing thin.