Bitcoin price prediction: BTC/USD takes a breather above $9,200  - Bitcoin confluence

Bitcoin (BTC) has settled above $9,200, off the recent high $9,474 reached on the back of a strong rally on Monday. While the first digital currency is sidelined during early Asian hours, the upside may be resumed once the European session kicks in. The overall trend remains bullish as long as it stays above $9,000.

Resistance levels

$9,380-$9,400 -  the upper line of 1-hour Bollinger Band, the upper line of 15-min Bollinger Band, 38.2% Fibo retracement daily, a host of Simple Moving Averages (SMA).

$9,500 - the upper line of 4-hour Bollinger Band, with the highest level of the previous day on approach, Pivot Point 1-week Resistance 2

$10,000 - Pivot Point 1-month Resistance 1, Pivot Point 1-day Resistance 3.

Litecoin price analysis: LTC/USD oscillating in a range with a bearish bias

LTC/USD topped at $144.16 on June 12 and has been trading in a range with a bearish bias ever since. The 5th largest asset with the current market capitalization of $8.3 billion has lost of 2% of its value in recent 24 hours and about 1.5% since the beginning of Tuesday, to trade at $132.90 by the time of writing.  However, Litecoin is still in a green zone on a weekly basis.

NEO price analysis: NEO/USD slips under $140.00,  bulls are in a tactical retreat

NEO hit the recent high at $14.76 on Monday and retreated to $13.90 by the time of writing. The17th largest altcoin with the current market capitalization of $982 million has lost over 5% of its value on a day-on-day basis and 2% since the beginning of Tuesday trading. Despite the retreat, the coin is still positive on a week-on-week basis, with over 14% of gains.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Coinbase lists WIF perpetual futures contract as it unveils plans for Aevo, Ethena, and Etherfi

Coinbase lists WIF perpetual futures contract as it unveils plans for Aevo, Ethena, and Etherfi

Dogwifhat perpetual futures began trading on Coinbase International Exchange and Coinbase Advanced on Thursday. However, the futures contract failed to trigger a rally for the popular meme coin.

More Cryptocurrencies News

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe announced on Thursday that it would add support for USDC stablecoin, as the stablecoin market exploded in March, according to reports by Cryptocompare.

More Cryptocurrencies News

Ethereum cancels rally expectations as Consensys sues SEC over ETH security status

Ethereum cancels rally expectations as Consensys sues SEC over ETH security status

Ethereum (ETH) appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the Securities & Exchange Commission (SEC) and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May.

More Ethereum News

FBI cautions against non-KYC Bitcoin and crypto money transmitting services as SEC goes after MetaMask

FBI cautions against non-KYC Bitcoin and crypto money transmitting services as SEC goes after MetaMask

US Federal Bureau of Investigations (FBI) has issued a caution to Bitcoiners and cryptocurrency market enthusiasts, coming on the same day as when the US Securities and Exchange Commission (SEC) is on the receiving end of a lawsuit, with a new player adding to the list of parties calling for the regulator to restrain its hand.

More Cryptocurrencies News

Bitcoin: BTC post-halving rally could be partially priced in Premium

Bitcoin: BTC post-halving rally could be partially priced in

Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days? 

Read full analysis

BTC

ETH

XRP