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Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 22 October

Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 22 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin technical analysis: BTC/USD moving within a range of punishment or opportunity

Bitcoin price is trading in the minor positive territory, up some 0.35% in the second half of the session. 

BTC/USD continues to move within the confinements of a bearish flag structure via the daily chart view. 

The narrowing range conditions are growingly subject to a breakout, it remains unclear in terms of the imminent trend. 

Ethereum technical analysis: ETH/USD tight conditions subject to a potential explosive breakout

Ethereum price is trading in the red, down 0.70% the session on Tuesday.

ETH/USD is moving within narrowing trading conditions via the daily chart view. 

The upside is capped at $180 and support is being held just below at $170. 

Litecoin technical analysis: LTC/USD subject to another potential big bear bite

Litecoin price is trading in the red in the session by some 0.25%. 

LTC/USD remains very much vulnerable to downside risks as it sits below the breached bear flag. 

The price is being capped underneath a broken down bearish flag formation. 

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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.

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