Cryptocurrencies price prediction: Bitcoin, Litecoin & Ethereum - European Wrap - 11 September


Bitcoin price analysis: BTC/USD stays dangerously close to $10,000

Bitcoin (BTC) bulls struggle to keep the price above $10,000. The coin tested waters below this critical handle twice on Wednesday; however, each time new buyers popped in and saved the situation. At the time of writing, BTC/USD is changing hands at $10,017, down about 2% on a day-on-day basis. Bitcoin’s market dominance is unchanged- 69.8%.

 

Ethereum (ETH) price analysis: ETH/USD settles below $180.00 amid growing bearish sentiments

The second-largest cryptocurrency with the current market capitalization of $19.3 billion has broken below $180.00 to trade at  $178.70 at the time of writing.  ETH/USD has lost 1.2% on a day-on-day basis and stayed unchanged since the beginning of the day. Basically, Ethereum is moving in sync with Bitcoin as there are no clear fundamental reasons that could be used to explain the decline.

 

Litecoin price analysis: LTC/USD returns above $71.00 after a short-lived dip below $70.0

Litecoin is range-bound with a bearish bias on Wednesday. The fifth-largest digital asset with the current market value of $4.5 has stayed unchanged both in recent 24 hours and since the beginning of the day. At the time of writing, LTC/USD is changing hands at $71.11, off the intraday low registered at $69.97.

Litecoin

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Bitcoin Price Analysis: BTC/USD could be heading for a deeper correction

Bitcoin's price action has looked dire on Tuesday. The market has moved away from the highs seen on Feb 13th. On the Tue night close, if the market closes below 9,227 then we could be headed toward the 8,500 area marked on the chart.

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XRP Price Analysis: XRP/USD is bears smash through critical $0.2650 support

XRP price is trading in negative territory, with losses of some 3.70% on Tuesday. XRP/USD is heading for a second consecutive session in the red. The 2020 run of gains remains at risk of reversal, given critical ...

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Ethereum Price Analysis: ETH/USD continues to narrow within a bullish pennant

Ethereum price is trading in the red by 1.70% in the session on Tuesday. ETH/USD since 13 February has been narrowing, forming a pennant via the daily chart view. An important area of support should be noted via ...

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TRON Price Analysis: TRX/USD consolidates below 0.020

TRON seems to be forming a classic downtrend at the moment. On the higher timeframes it could look like a deep retracement. On the 4-Hour chart below, the price has recently printed just below ...

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Bitcoin Weekly Forecast: BTC bulls plot the revenge

Bitcoin's market capitalization settled at $176 billion, which is 62.8% of the total digital assets market.

Read the weekly forecast

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