Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – European Wrap 30 June


Bitcoin Price Forecast: No escape from the range as long as BTC bulls defend $9,000

BTC/USD is changing hands at $9,150, mostly unchanged both on a day-to-day basis and since the beginning of Tuesday. The first digital coin has been locked in a tight range since the start of the week as growth attempts are limited by $9,200, while the dips below $9,000 are heavily bought. The market capitalization of the first digital asset settled at $167 billion, while its market share is registered at 64.9%.

 

BTC/USD

Litecoin Market Update: LTC/USD turns deaf ear to positive fundamentals

Litecoin is the seventh largest digital asset with the current market value of $2.68 billion and an average daily trading volume of $1.66 billion. The coin knocked at $42.00 during early Asian hours and retreated to $41.30 by the time of writing. LTC/USD has barely changed both a day-to-day basis, though it is down over 1% since the beginning of Tuesday.

 

LTC/USD

Bitcoin Cash Price Forecast: BCH/USD growth attempt stalled at 1-hour SMA100

Bitcoin Cash (BCH) is the fifth largest digital asset with the current market value of $4.1 billion and an average daily trading volume of $1.28 billion. The coin hit the intraday high at $224.87 during early Asian hours and retreated to $223.00 by the time of writing. BCH experienced a strong growth and gained over 2% in a matter of minutes; however the upside proved to be limited as the bulls failed to push the price above the local resistance created by 1-hour SMA100. 

 

BCH/USD

 

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War for dominance hit the bedrock of the market

The cryptocurrency market reaches the end of the week with widespread declines in the crypto market. The week has been dominated by a boiling Altcoin segment that has set very significant rises.

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BCH/USD in retreat after gaining 7% in a matter of minutes

Bitcoin Cash (BCH) is still in a red zone on a day-to-day basis; however, the coin recovered strongly from the intraday low of $232.60 and hit $240.00 in a matter of minutes. At the time of writing, BCH/USD is changing hands at $237.00.

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ADA/USD extends the decline, $0.1000 at risk

Cardano (ADA) extended the decline and hit $0.1102 on Friday. The coin has lost 20% from the peak of $0.1386 reached on July 8. At the time of writing, ADA/USD is changing hands at $0.1120, down 9% in the recent 24 hours.

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ETH/USD volatility ousted as DeFi skyrockets to $2 billion

Ethereum alongside the largest cryptocurrency, Bitcoin are dealing with a peculiar situation characterized by low trading volume, poor investor interest as well as the lack of catalysts.

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Bitcoin Weekly Forecast: BTC volatility drops to a year low, get ready for a spiral drive

The week was tough for the cryptocurrency markets confined to tight ranges. Bitcoin has lost 1% of its value during the recent seven days with the trading range limited by $9,298 on the upside and $8,933 on the downside.

Read the weekly forecast

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