Cryptocurrencies price prediction: Bitcoin, Ripple & Litecoin – European Wrap – 19 February
|Bitcoin whales grow in numbers amid BTC price increase
Bitcoin (BTC) recovered from the intraday low of $10,040 and moved towards $10,200. At the time of writing, BTC/USD is changing hands at $10,180 with nearly 4% of gains on a day-to-day basis. Bitcoin's average trading volume has settled at $49.2 billion, while Bitcoin's market share edged marginally higher towards 62.4%.
Ripple Price Analysis: XRP/USD's short-term fate hinges on $0.30
Ripple's XRP is changing hands at $0.2930. The third-largest digital asset with the current market value of $12.6 has gained 2.3% and lost 1.8% since the beginning of the day.
XRP/USD: Technical picture
XRP/USD is moving within an upside channel created by SMA100 and SMA50 on 4-hour chart. While this development creates a positive intraday setup, the bullish momentum needs to gain traction for a sustainable recovery above the critical resistance created by $0.3000.
Litecoin Price Analysis: LTC/USD lift-off to $100 in the offing
Litecoin price managed to find support at $68 after the weekend rejection from $84. The downtrend was unstoppable below various resistance levels at $80 and $76 and $72. Buyers anxious to buy low entered the market at $68, pulling LTC/USD towards $80.
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