Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – American Wrap 30 June
|Bitcoin Price Forecast: No escape from the range as long as BTC bulls defend $9,000
BTC/USD is changing hands at $9,150, mostly unchanged both on a day-to-day basis and since the beginning of Tuesday. The first digital coin has been locked in a tight range since the start of the week as growth attempts are limited by $9,200, while the dips below $9,000 are heavily bought. The market capitalization of the first digital asset settled at $167 billion, while its market share is registered at 64.9%.
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Ethereum Price Prediction: ETH/USD can reach $300 with the help of ETH 2.0.
Ethereum has lost a lot of strength in the past two weeks. Bulls couldn’t defend the daily 12-EMA or the 26-EMA and both have crossed bearishly. Furthermore, ETH/USD lost its daily uptrend and is hitting lower lows. Despite the terrible price action, the positive sentiment remains active and ETH longs are still dominating shorts.
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Litecoin Technical Analysis: LTC/USD at risk of closing below $40
Litecoin is currently trading at $41 below the daily 12-EMA and the 26-EMA which crossed bearishly on June 14. LTC/USD has been weaker than most cryptos in the last month and the daily RSI is approaching oversold levels.
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