Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Ethereum – European Wrap 25 June

FXStreet Team FXStreet

Bitcoin Price Analysis: BTC/USD bounces back after a dip under $9,000

Bitcoin price has bounced back after exploring areas under $9,000 on Thursday. The king of cryptocurrencies traded lows of $8,988 after plunging from $9,287 (opening value). At the moment, BTC/USD is trading 0.2% higher from the opening value amid a building bullish momentum as well as expanding volatility.

Litecoin Price Analysis: LTC/USD needs to recover above $43.50 to improve the short-term picture

Litecoin (LTC) dropped to the intraday low of $41.61 and recovered to $42.63 by the time of writing. The coin has been moving in sync with other digital assets, swept by a massive bearish wave. LTC/USD lost nearly 4% since this time on Wednesday and stayed mostly unchanged since the beginning of the day. Litecoin is the seventh largest digital asset with the current market value of $2.76 billion and an average daily trading volume of $1.53 billion.

Ethereum Market Forecast: ETH/USD regains ground, not out of the wood yet

ETH/USD is changing hands at $234.50, down nearly 6% in the recent 24 hours. The second-largest digital asset has been moving in sync with the market and touched the intraday low at $227.26 during early Asian hours. Currently, the coin is moving within a short-term bullish trend amid high volatility.

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FXStreet Team

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Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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