Bitcoin Price Analysis: BTC is still in an upward trajectory and 7K is the next target for the bulls
The price of BTC/USD has pushed higher on the first trading day of the week as sentiment improves. There is a large consolidation area at the moment and every time the price breaks out it moves back in pretty swiftly. The triangle pattern has now been broken to the upside and sometimes the pattern is tested before the continuation takes place. The blue horizontal like could be the next support if the price breaks lower.
 (33)-637205866398302743-637205897631223284.png)
Ethereum Price Prediction: ETH/USD deeper fall is looming
Ethereum price is trading in the red by 5.70% in the session on Monday.
ETH/USD is moving within very narrowing trading conditions, with a breakout south eyed.
The bears have room to capitalize, following a week recovery attempt from the bulls last week.
Litecoin Price Analysis: LTC can't break past 40.00
Litecoin has had a good start to the week as LTC/USD pushed over 7% higher. Most of the major cryptocurrencies are higher but LTC/USD is the second-best performing major after Bitcoin. Since the heave falls seen between the 24th February and 12th March the price has consolidated between 25.00 and 43.97. Can the bull break out of this zone?
 (25)-637205838671992350-637205897958594662.png)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.
Latest Crypto News & Analysis
Editors’ Picks
Crypto market bleeds after Bitcoin’s rejection at $52,000
The cryptocurrency market is still suffering from the impact of Bitcoin’s rejection of $52,000 for the second time in less than two weeks. Declines are likely to gain momentum, with BTC already trading under $50,000.
Stellar future is decided by these two key levels
XLM has been under a massive consolidation period since the beginning of February and it’s on the verge of a colossal 45% move. The trading volume of Stellar has dropped significantly which indicates that it is ready for the next transition.
SushiSwap becomes a multi-chain while SUSHI price aims for new all-time highs
In the past two weeks, the search for alternatives to the Ethereum network has been intensive as gas fees have made it impossible for some users to interact with certain ERC-tokens.
Bancor Protocol price hints at a 35% bull rally as total value locked exceeds $1 billion
Bancor became the 13th DeFi platform to join the “four comma club,” a common moniker given to projects whose total value locked (TVL) hits $1 billion or more.
Bitcoin Weekly Forecast: BTC journey to $100,000 might be easier than expected
This past week has been extremely beneficial for Bitcoin which jumped by 30% since Monday 8. Several positive announcements, especially Tesla purchasing $1.5 billion worth of the digital asset propelled the flagship cryptocurrency to new highs.