|

Cryptocurrencies Price Prediction: Bitcoin, Litecoin and Ripple – European Wrap 22 December

Bitcoin regains ground above $23,000, inspires the bulls

The cryptocurrency market has started the recovery from the short-lived decline, with most of the coins turning green again on a day-to-day basis. While the low base effect is definitely something to consider, the overall sentiments are improving slowly across the board. UMA is still the hottest altcoin out of top-50 with nearly 40% growth. It is followed by THETA with 18% gains. XRP is an outsider. The coin suffered from the news that SEC was going to sue Ripple for an illegal securities offering. Read more...

BTC/USD 4-hour chart

Litecoin Price Prediction: LTC may extend correction to $90 before another growth attempt

Litecoin retreated from the recent high of hitting $124 on Saturday, December 19, to trade at $100 by the time of writing. The fifth-largest asset lost over $100 million of value in less than 24 hours amid a significant sell-off on the cryptocurrency market; the con has lost over 14% on a day-to-day basis, though it is still 22% high on a weekly basis. Read more...

 LTC, daily chart

XRP price primed for 30% drop after SEC slams Ripple with lawsuit

Fresh reports suggest that the U.S. Securities and Exchange Commission (SEC) is looking to slap a massive lawsuit on Ripple. The contention stems from the disputed status of the company's native cryptocurrency, XRP. The move comes shortly after the federal agency's chairman Jay Clayton announced he will be stepping down by the end of the year. Read more...

XRP price chart against US dollar

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.