Cryptocurrencies price prediction: Bitcoin Cash, Ethereum & Litecoin – European Wrap – 22 November


Bitcoin price analysis: BCH/USD slides under $220 as fresh losses target $200

Bitcoin Cash price is not slowing down in its downtrend momentum following Thursday’s rejection at $250. In an earlier published analysis, BCH was holding ground above $225. However, increasing bearish pressure has continued to press down on the vital support levels. Already $220 has caved in and BCH tanked lower towards the short term support at $210.
 

Bitcoin Cash

Ethereum price analysis: ETH/USD unfazed by the double-bottom pattern, targets $150

The bearish wave across the crypto landscape on Thursday forced Ethereum through several vital levels. The consolidation above $170 became untenable with the jabs from the sellers increasing in intensity. Ether dived under $160 and extended towards $150. However, the price appears to be making a pit stop breather following the November low at $153.89.

 

Litecoin (LTC) price analysis: LTC/USD recovers above $50.00, as Binance DEX adds LTC support

Litecoin (LTC), the sixth-largest digital asset with the current market capitalization of $3.2 billion, has been consolidating losses during early Asian hours. LTC/USD bottomed at $48.29 on Thursday and recovered to $50.15 by press time. 

Binance added LTC support to its DEX platform, however, the market is slow to react to the news. 

 


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