TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Bitcoin cash, Litecoin & Algorand – American Wrap 09 March

Cryptocurrencies Price Prediction: Bitcoin cash, Litecoin & Algorand – American Wrap 09 March
FXStreet TeamFXStreet TeamFXStreet

Bitcoin cash might soon experience an explosive 22.5% move

Bitcoin Cash has been lagging behind Bitcoin (BTC) by significant proportions. The original coin was priced near $54500 at pixel time, and Bitcoin Cash was priced at $537. However, this is not stopping traders from trading Bitcoin Cash, as it is priced lower and offers a higher possible percentage return. Such as event might unfold over the next few days.

Litecoin price breakout puts the February high in the sight lines

Litecoin price suffered a notable correction in late February, taking it down almost 38% from the peak at $247 over the course of 8 trading days. Current price action indicates that the corrective process is complete and more gains can be expected.

Algorand price is sealed between two critical levels awaiting potential 24% move

Algorand price has been trading below a critical resistance level and formed an ascending triangle pattern on the 12-hour chart. 


 

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Binance revokes SignalPlus API keys over potential security threat

Binance revokes SignalPlus API keys over potential security threat

Binance, the largest cryptocurrency exchange, announced on Thursday that it revoked the Application Programming Interface (API) keys linked to SignalPlus, a third-party institution-grade technology firm.

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

Ripple (XRP) ticks higher on Thursday, trading near $1.32. The remittance token is up roughly 10% from last week’s trough at $1.20, suggesting that the path of least resistance is gradually flipping upward.

Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Thursday, extending a steady recovery so far this week, driven by the post-US midterms relief.

Bitcoin claims $80,500 as short liquidations mount

Bitcoin claims $80,500 as short liquidations mount

Bitcoin (BTC) extends its rebound, climbing above $80,500 on Thursday after closing above the key Exponential Moving Averages (EMAs) the previous day. The rebound comes as a short squeeze triggers nearly $800 million in liquidations over the past 24 hours.

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.