Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - European Wrap - 10 October


Bitcoin price prediction: BTC/USD consolidates ahead of a looming rally – Confluence Detector

Bitcoin is trading above $8,500 on Thursday after retreating from highs above $8,700. The bullish action from $8,100 support ground to a halt around $8,712. As discussed in the technical analysis published earlier today, the price is consolidating within flag pattern whose breakout is expected to catapult BTC/USD above $9,000.

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Ethereum market update: ETH/USD  makes its way above DMA50, $200.00 is the next stop

ETH leapfrogged above $196.00 during late Wednesday hours amid strong upside momentum on the cryptocurrency market. While the second-largest coin retreated towards $189.50 by the time of writing, it is still 5% higher from this time on Wednesday.

 

Ethereum

Litecoin (LTC) price analysis: LTC/USD attempts to break free from a range

Litecoin has been moving in a narrow range, unable to realize the potential of a strong bull run on the cryptocurrency market, The 6th largest digital asset with the current market value of $3.7 billion has gained 1.2 on a day-on-day basis and lost 1% since the beginning of the day. At the time of writing, LTC/USD is changing hands at $58.41. Litecoin’s daily trading volume spiked to $2.7 billion. 

 

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Bitcoin Price Analysis: Bulls eye $12,000 amid falling channel breakout

Bitcoin (BTC/USD) has finally broken the recent consolidative phase to the upside, as the bulls cleared the $11,700 resistance. Technical set up favors BTC bulls, eyes set on $12,000 mark. 

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BCH/USD: Downside appears compelling amid bearish crossover

Bitcoin Cash (BCH/USD) is consolidating in a $10 narrow range after a volatile Friday, as the bears gear up for the next push lower. Hourly RSI inches lower below the midline, with bearish HMAs crossover. A test of Friday's low at $277 is on the cards. 

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VET/USD: Bullish bias intact while above 21-DMA

The bullish tone around VeChain (VET/USD) remains intact on Saturday, despite a temporary pullback seen a day before. The path of least resistance appears to the upside, especially after it charted a descending triangle breakout on the daily sticks last Tuesday.

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Cryptocurrency Market Update: Ethereum outperforms amid broad-based buying spree

Buying-wave sweeps across the crypto board on Saturday. Ethereum leads the advance among the top 3 favorite crypto coins. Will the bulls extend control into Sunday after Friday’s decline?

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Bitcoin Weekly Forecast: BTC hit the pause button before a decisive breakthrough

Bitcoin lived through a wild roller-coaster move during the previous weekend. The coin hit the new 2020 high above $12,000 and crashed to $10,500 in a matter of hours. 

Read the weekly forecast

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