Cryptocurrencies price prediction: Bitcoin, Litecoin & Ripple - American Wrap - 08 October


BTC/USD technical analysis: Some important technical patterns are on the hourly chart

BTC/USD has clearly broken out on the upside from the channel formation.

Now the price has consolidated into a wedge formation and a break higher could be on the cards.

Price is under the main value area which is represented by the volume profile indicator on the right-hand side of the chart.

Litecoin technical analysis: LTC/USD bears regain control

Litecoin price is trading in the red in the session by some 1.50%. 

LTC/USD stuck within a narrowing range-block formation, subject to downside risks. 

Price action is capped to the upside at $58 and supported the downside at $54, within tight conditions. 

XRP price analysis: XRP/USD at risk of daily evening star

XRP price action is trading up some 0.45% late in the session on Tuesday, as the bullish momentum slows down somewhat. 

The price had been running higher for five consecutive sessions, as life returned back into the market bulls. XRP/USD was trading back at the highest levels seen in around two weeks.

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Crypto Today: Fear takes over the crypto market

The BTC/USD pair is currently trading at $7,151 (-0.72%), after yesterday's sudden late drop, dragging the market down as a whole. The ETH/USD pair is currently trading at $142.01 (-1.02%). Technically, the decline has been inoffensive but it is moving very close to critical levels.

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Litecoin (LTC) Price Analysis: LTC/USD on a trip to the South;  the next stop is $40.00

Litecoin (LTC), the sixth-largest digital asset with the current market capitalization of $2.8 billion, has been losing ground gradually. LTC/USD has lost about 1.5% of its value in recent 24 hours to trade at $43.40 at the time of writing. 

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Stellar stopped the airdrop worth of $120M due to hordes of fake accounts

Stellar Foundation decided to stop the airdrop and closed the registration of new participants. The company explained the decision by "hordes of fake people" who had started to come in the last week or so. 

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Ethereum Classic (ETC) in retreat as the team prepares for Agarata.

Ethereum Classic, now the 25th largest digital asset with the current market value of $436 million and an average daily trading volume of $769 million, has recovered from the recent low of $3.55 to trade at $3.75 at the time of writing. 

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