Cryptocurrencies price prediction: Bitcoin & Litecoin - European Wrap - 10 September

Bitcoin price prediction: BTC/USD stays unchanged amid low trading activity  - Bitcoin confluence

Bitcoin (BTC) has been range-bound with bearish bias after Monday sell-off from the upper boundary of the recent consolidation channel. The first digital asset dropped to $10,191 during Asian hours  but managed to recover above $10,200 ahead of European opening. At the time of writing BTC/USD is changing hands at $10,265. Notably, the coin’s market share settled at 69.7%.


Litecoin price analysis: LTC/USD retreats from intraday high; retains bullish bias

Litecoin jumped to $73.23 during early Asian hours only to retreat to $71.04 by the time of writing. The fifth-largest digital asset with the current market value of $4.5 has gained nearly 4% in recent 24 hours and 2.5% since the beginning of the day as a sustainable move above $70.00 increased the upside pressure on the price.






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Bitcoin price prediction: BTC/USD hunting for a breakout

Bitcoin upward movement continues to be limited under the 23.6% Fib retracement level we discussed earlier today. A shallow recovery from the recent deep is unable to sustain gains above $8,300. For now, the price is likely to remain pivotal at $8,300. 

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Ripple price prediction: XRP/USD breaks free from triangle pattern - XRP confluence

Ripple’s XRP broke free from the long-term triangle pattern and hit $0.2860 during early Asian hours. The now the third-largest digital asset with the current market value of $12.2 billion has gained nearly 4% in recent 24 hours and became one of the best-performing altcoins out of top-10. At the time of writing, XRP/USD is changing hands at $0.2846.

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TRON price analysis: TRX/USD moves within a long-term bearish trend

At the time of writing, TRX/USD is changing hands at $0.0160. The coin has gained over 15% in seven 24 days, however, the upside momentum started fading away after the price had hit $0.0175 high. 

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Cryptocurrency market update: Bulls swinging into action

The weekend session was slow and lethargic. Cryptocurrencies across the board pushed for consolidation at lower levels than the ones witnessed last week. The situation is slightly different on Monday at the beginning of the European.

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Bitcoin Weekly Forecast: BTC bulls trapped below SMA200 daily

Bitcoin bulls have had a short glimpse of victory only to suffer a bitter disappointment this week.

Read the weekly forecast