Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Ethereum – European Wrap 22 May


Bitcoin Price Analysis: BTC/USD glued to $9,000, amid lack of momentum

BTC/USD recovered above $9,000 to trade at $9,080 by the time of writing. The first digital coin experienced a massive sell-off below $9,000 on Thursday and hit the recent low at $8,800 where new buyers popped in and saved the game. Despite the recovery, BTC/USD is down nearly 4% on a day-to-day basis and mostly unchanged since the beginning of the day. 

 

Litecoin Price Analysis: LTC/USD stays bearish, ignores positive fundamentals

Litecoin's creator Charlie Lee shared his views on how the network would operate once MimbleWimble solution is rolled out. Speaking in the interview with Rice Crypto YouTube channel, he explained that the implementation process may be slow at the start as users won't be forced to move to the update. 


Ethereum Price Analysis: ETH/USD goes back above $200.00, upside gains traction

The second-largest digital asset recovered above critical $200.00 after a sharp sell-off to $191.49 on Thursday. The coin has regain 1.3% of its value since the beginning of the day and lost nearly 4% in the recent 24 hours. At the time of writing, the second-largest digital asset is trading at $203.20 with bearish bias.

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BTC/USD faces stiff resistance in path back to $10,000

BTC/USD bears remained in control as the price fell from $9,523.20 to $9,522.40. If the buyers want the price to go back above the $10,000 zone, they will need to overcome stiff resistance at $9,700. This level has the Previous Week high ...

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XRP/USD bears remain in control as price looks to drop below SMA 50 support

XRP/USD bears remained in control for the second consecutive day as the price dipped from $0.203 to $0.2023. The price has found support at the SMA 50. The MACD shows sustained bullish market ...

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ETH/USD bears take control as the price consolidates in the pennant formation

ETH/USD bears stayed in control for the second straight day as the price fell from $237.65 to $237.15. The price has support at the upward trending line as it continues to trend inside the pennant formation and the 20-day ...

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ADA/USD free-falls 1% in minutes despite positive sentiments

Cardano outperformed most cryptocurrencies in the market last week. In fact, ADA more than doubled its value in less than a week. On the upside, ADA/USD has traded new yearly highs at ...

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Bitcoin Weekly Forecast: BTC/USD bulls fight for every inch of the ground on their way to $10,000

After a sharp sell-off at the beginning of the week, BTC/USD climbed back above $9,000 and made its way above another important resistance $9,300.

Read the weekly forecast

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