Cryptocurrencies price prediction: Bitcoin, Litecoin & Ripple – European Wrap – 7 January
|Bitcoin Price Prediction: BTC/USD sails through crucial levels, can $8,000 be conquered? Confluence Detector
Bitcoin hit pause within a whisker of $8,000. The incredible breakout occurred following the consolidation period over the weekend. However, Monday recovery was not unique to Bitcoin cryptocurrencies generally corrected higher across the board.
Litecoin price analysis: LTC/USD bulls target at $50.00
Litecoin, now the 6th largest digital asset with the current market value of $2.9 billion, is changing hands at $45.38, off the intraday high registered at $46.18. Litecoin has gained about 1.3% in recent 24 hours and stayed mostly unchanged since the beginning of Tuesday. The coin has been moving in sync with the rest of the market, consolidating gains.
Why Ripple’s 10% surge met an immediate reversal?
Ripple reacted positively to the launch of a new futures contract on Binance Futures platform on December 6. The surge boosted XRP above $0.20, $0.21 and $0.22 resistance barriers. The more than 10% surge tested $0.25 but retreated below $0.22, leaving $0.23 zone untested.
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