Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 04 December

Bitcoin technical analysis: BTC/USD heading for big bearish flag retest

Bitcoin price is trading in positive territory, up some 2.60% in the second half of the session. 

BTC/USD price action is heading for a big retest of a breached flag structure. 

There is a chunky barrier of resistance seen at $7500, in proximity to the lower of the noted flag. 

Ethereum technical analysis: ETH/USD vulnerable to bear attack

Ethereum price is trading in the green, up 1.60% the session on Wednesday.

ETH/USD price action is moving within a bearish pennant structure via the daily. 

ETH/USD is at risk of falling back down to the psychological $100 price mark. 

Litecoin technical analysis: LTC/USD bearish flag structure subject to a breakout

Litecoin price is trading in the green, with gains of 2.25%  the session on Wednesday.

LTC/USD is consolidating following the harsh selling through the month of November. 

Price action is moving within a bearish flag structure, subject to a potential breakout south. 

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Cryptocurrency News Update: Bitcoin pushes above $9,400, altcoins calm down

BTC/USD has barely changed since the start of the day and gained nearly 1.2% on a day-to-day basis. The first digital asset is changing hands at $9,400 after a move to $9,445 during early Asian hours. 

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XLM/USD goes wild, stops short of $0.1000

Stellar (XLM), the 13th largest digital asset, has gone wild on Thursday. The coin hit $0.0990, which is the highest level since September 2019, and dropped to $0.0920 by the time of writing.

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BCH/USD bulls save strength before a move to $250.00

Bitcoin Cash (BCH) topped at $246.04 on Wednesday and retreated to $243.00 by the time ow writing. Despite some wild price gyrations, BCH has stayed mostly unchanged both on a day-to-day basis and since the beginning of Thursday.

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XMR/USD surges over 3% on a daily basis

The crypto market is back in the red after a fruitful trading session on Wednesday. The larger cryptocurrencies are leading with retreat, especially for Bitcoin and Ripple.

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Bitcoin Weekly Forecast: BTC volatility drops to a year low, get ready for a spiral drive

The week was tough for the cryptocurrency markets confined to tight ranges. Bitcoin has lost 1% of its value during the recent seven days with the trading range limited by $9,298 on the upside and $8,933 on the downside.

Read the weekly forecast