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Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 12 December

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC/USD gradually grinding down critical support, but there may still be hope

The Bitcoin price on Thursday is trading in the red by some 0.11%, remaining vulnerable to an imminent potential breakout south.

BTC/USD continues to hover around the lowest levels since May 2019, as the price consolidates underneath a breached pennant structure. It had been containing Bitcoin from 23 November up to 9 December.

Ethereum Technical Analysis: ETH/USD continuing to test critical $140 support

Ethereum price is trading in the red by some 0.13% the session on Thursday.

ETH/USD is further extending to the downside following flag breakout.

The price is running towards its fourth consecutive session in the red.

Litecoin technical analysis: LTC/USD sitting on critical weekly support at $42

Litecoin price is trading in the red in the session by some 0.50%.

LTC/USD is having some trouble near-term finding a bottom, 25 November low eyed for support.

The price is running towards its fourth consecutive session in the red.

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FXStreet Team

FXStreet

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Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.

XRP clings to $1 as long liquidations deepen bearish trend

Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

Pi Network price records a mild 3% recovery at press time on Friday, shaping a rebound from a broken descending trendline. The declining trend in trading volume has stabilized around $10 million this week, supporting the possibility of an extended recovery as selling pressure wanes.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin (BTC) recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.35 billion in net outflows through Thursday.