|

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.

Author

More from FXStreet Team
Share:

Editor's Picks

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

BTC, ETH and XRP post cautious recovery amid downside risks

Bitcoin, Ethereum, and Ripple are posting a cautious recovery on Wednesday following a market correction earlier this week.  BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels. 

Top Crypto Gainers:  Morpho, Ether.fi, and Pippin rally amid market pressure

Altcoins, including Morpho, Ether.fi and Pippin are leading the gains over the last 24 hours as the broader cryptocurrency market remains under pressure. Technically, the recovery in MORPHO, ETHFI, and PIPPIN shows upside potential as buying pressure increases.

Hyperliquid registers mild gains following CoinShares' ETP launch

Hyperliquid (HYPE) registered a 3% gain on Tuesday after CoinShares announced the launch of its Physical Hyperliquid Staking exchange-traded product (ETP), offering investors exposure to the token's price and staking yields.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.