Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 16 January
|Bitcoin Price Analysis: BTC/USD daily candle presents a risk of reversal
Bitcoin price is trading in the red, down some 1.45% in the second half of the session.
BTC/USD daily candle of Wednesday has formed a Doji, indicating a potential reversal.
The next major barrier of support is eyed down at the $8500 price mark.
Ethereum Price Analysis: ETH/USD vulnerabilities given bearish daily candle
Ethereum price is trading in the red by -0.80% in the session on Thursday.
The daily candle on Wednesday produces a doji candlestick to indicate a potential reversal.
In terms next major zone of support, this is seen from a range of $160-150.
Litecoin Price Analysis: LTC/USD bulls lose control with $55-50 critical support eyed
Litecoin price is trading in negative territory by some 3.50% in the session on Thursday.
LTC/USD have lost momentum for now, as price retreats to critical demand zone.
The price is running towards its second consecutive session in the red.
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