Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 26 March


Bitcoin Price Analysis: 7K is a step too far.....for now

Bitcoin is trading 0.55% lower on Thursday and the market is strangely quiet. The candles are worryingly small and this can happen before an explosive move. On the chart below the 7K level seems to be the stumbling block for the bulls. It has been tested a couple of times now and whenever the bulls get close the price sells off again. 

Ethereum Price Forecast: ETH/USD at risk to another deeper fall

Ethereum price is trading in the red by 3.30% in the session on Thursday. 

ETH/USD continues to move within a very tight range, breakout looming.

The price has failed to find any direction since the stabilization from selling some two weeks ago. 

Litecoin Price Prediction: LTC/USD bears have an opportunity to force greater downside

Litecoin price is trading in negative territory by 0.90% in the session on Thursday. 

LTC/USD has offered little in terms of price action since 13 March.

Given the narrow conditions, it suggests a big breakout is in the works for Litecoin.

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BTC breaks its ties with stocks, strives to return its safe-haven status

Most part of the week Bitcoin has been on the recovery path. Slowly but surely the coin left $6,500 behind and even tested waters above $7,000. However, the buyers failed to develop an upside momentum above the critical resistance and the coin returned to $6,900 by press time.

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Why XRP/USD bottom eyes $0.05 mid-2020?

Ripple has remained relatively bullish from Monday this week following a breakdown over the weekend. XRP/USD refreshed the levels around $0.16 before focusing on recalling the ground towards $0.20. 

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ETH/USD needs to retest $140.00 before another attempt at $150.00

ETH/USD is changing hands at $144.50. The second-largest digital asset has gained nearly 4% in the recent 24 hours amid Bitcoin-led recovery on the cryptocurrency market. 

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IOTA Price Analysis: IOTA scored by Crypto Ratings Council; IOT/USD goes into recovery mode

IOTA, now the 24th largest digital asset with the current market value of $429 million and an average daily trading volume of $12 million. At the time of writing, IOT/USD is changing hands at $0.1528. 

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Bitcoin Weekly Forecast: BTC breaks its ties with stocks, strives to return its safe-haven status

Most part of the week Bitcoin has been on the recovery path. Slowly but surely the coin left $6,500 behind and even tested waters above $7,000.

Read the weekly forecast

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