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.


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.



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. 


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.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

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. 

More Bitcoin News

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. 

More Bitcoin Cash News

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.

More Cryptocurrencies News

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?

More Ethereum News


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