Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 15 January


Bitcoin Price Analysis: BTC/USD set for another test of $9000

Bitcoin price is trading in the green, up some 0.45% in the second half of the session. 

BTC/USD moving within consolidation mode following the strong push north in the session on Tuesday.

The price is on course for a critical weekly closure above a bullish flag structure. 

Ethereum Price Analysis: ETH/USD bulls have room to drive price back into $200 territory

Ethereum price is trading in the red by -0.80% in the session on Wednesday. 

The bulls pressed for a big double-digit rally on Tuesday, breaking out of a bearish trend structure. 

In terms of upside targets, the door has been left open for a return into $200.

Litecoin Price Analysis: LTC/USD big zone retest $60-56 must hold for further moves north

Litecoin price is trading in negative territory by some 1.20% in the session on Wednesday. 

LTC/USD bulls have been making decent headway, since bottoming out at the back end of last year. 

Should the noted zone hold, there could be room for a fast return into $75-80 range. 

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ETH ready for a decisive breakthrough, BTC range-bound

BTC/USD hit the intraday high above $11,400 during early Asian hours and retreated to $11,226 by press time. The first digital coin has stayed unchanged on a day-to-day basis and since the beginning of the day, moving within a short-term bullish trend amid low volatility.

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All phases of Ethereum 2.0 will positively impact the network – Analyst

The anticipation of Ethereum 2.0 is continuing to rise as the activity on the network is surging. Kelvin Koh, the co-founder of venture capital firm Spartan Group, has recently said that ETH 2.0 will have play a key role in the growth of the network.

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ETC/USD faces stiff resistance at $7.35

Ethereum Classic (ETC) settled in a range above $7.00 after wild price swings on the weekend. At the time of writing, ETC/USD is changing hands at $7.20, mostly unchanged both on a day-to-day basis and since the beginning of Tuesday. 

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ADA/USD bulls remain in control as price goes up

Cardano successfully launched the Shelley hard fork a few days back and it currently has >620 active stake pools. These pools have a total of 2.74 billion ADA committed to staking. According to ...

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Bitcoin Weekly Forecast: Fasten your seatbelts, next stop is $12,000

Bitcoin has had its best week since mid-2019. The first digital currency gained over 18% in a single week and hit the new highest level of 2020. At the time of writing, BTC/USD is changing hands at $11,358 and the upside momentum is gaining traction as Bitcoin bulls are pushing at the upper line of the weekly Bollinger Band. 

Read the weekly forecast

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