Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 21 January
|Bitcoin Price Analysis: BTC/USD near-term price action moving within bearish pennant
Bitcoin price is trading in minor positive, up some 0.10% in the second half of the session.
BTC/USD continues to consolidate underneath $9000 barrier and on top of critical support $8500.
The price range is narrowing which is likely to lead to an explosive breakout.
Ethereum Price Analysis: ETH/USD critical daily support being tested at $160
Ethereum price is trading in the red by 0.80% in the session on Tuesday.
Critical weekly support is being tested by the bears at the $165 mark.
Near-term price behaviour shows some vulnerabilities to the downside for ETH.
Litecoin Price Analysis: LTC/USD near-term vulnerabilities point to the downside
Litecoin price is trading in positive territory by some 0.15% in the session on Tuesday.
LTC/USD like many of its peers is moving within consolidation mode, ahead of next committed moves.
Near-term price action demonstrates some vulnerabilities to the downside for Litecoin.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.