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Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 16 January

Bitcoin Price Analysis: BTC/USD daily candle presents a risk of reversal

Bitcoin price is trading in the red, down some 1.45% in the second half of the session. 

BTC/USD daily candle of Wednesday has formed a Doji, indicating a potential reversal.

The next major barrier of support is eyed down at the $8500 price mark. 

Ethereum Price Analysis: ETH/USD vulnerabilities given bearish daily candle

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

The daily candle on Wednesday produces a doji candlestick to indicate a potential reversal. 

In terms next major zone of support, this is seen from a range of $160-150. 

Litecoin Price Analysis: LTC/USD bulls lose control with $55-50 critical support eyed

Litecoin price is trading in negative territory by some 3.50% in the session on Thursday. 

LTC/USD have lost momentum for now, as price retreats to critical demand zone. 

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

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