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Cryptocurrencies price prediction: Bitcoin, Litecoin & Ripple - American Wrap - 21 October

FXStreet Team FXStreet

BTC/USD technical analysis: Bulls stopped in their tracks just ahead of 8,350

The Bitcoin bulls seemed to be in control today as earlier on BTC/USD traded higher after rejecting lower levels on Sunday.

Now the psychological 8K level will come back into focus as the four-hour shooting star candle could indicate some further pain for Bitcoin.

It is interesting how the volume profile indicator (right-hand side) peak keeps acting like a price magnet. Although, in consolidation phases, this is often the case.

If BTC/USD makes a higher low and take out the 8,252 level it would be a bullish sign and that idea could still play out.

Litecoin technical analysis: LTC/USD is stuck underneath bearish flag structure

Litecoin price is trading in the red in the session by some 1.10%.

LTC/USD remains very much vulnerable to downside risks as it sits below the breached bear flag.

Daily resistance should be noted at $55, where the lower acting trend line of flag is tracking.

XRP/USD technical analysis: We are about to see if XRP has run out of momentum

XRP/USD has been one of the darlings of the crypto market over the last few weeks rising 9.42% since 24th September.

The 0.3000 resistance level is proving to be a tough nut to crack for the bulls and if the XRP/USD is to push higher it needs to break the psychological level,

The relative strength index (RSI) is showing signs of a momentum drop off as the price made high highs the indicator made lower highs.

At the moment, on the four-hour chart, the candlesticks are showing signs of indecision as they are forming Doji candles.

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FXStreet Team

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Crypto Market Overview: Bitcoin logs a 20-month low – Worldcoin, Pepe lead losses

The broader cryptocurrency market is facing relentless selling, pushing Bitcoin down to $58,000 on Friday and liquidating over $1 billion in 24 hours. Worldcoin and Pepe have emerged as the biggest losers over the same period, as bearish grip tightens on retail sentiment.

Bitcoin briefly hits $58K as short-term holder weakness deepens, macro conditions trigger liquidations

Bitcoin fell briefly toward the $58,000 level on Thursday as mounting macroeconomic uncertainty, weakening short-term investor conviction and widespread liquidations intensified selling pressure across crypto. The decline came amid a sharp reversal in US equities, erasing roughly $1 trillion from the S&P 500, while Bitcoin briefly touched $58,000 for the first time in 21 months.

Uniswap adds $150M in Spark stablecoin liquidity, launches no-code token auction tool

Uniswap received $150 million in stablecoin liquidity from Spark, with the assets set to transition to DualPool, a new custom liquidity hook, according to an announcement on Thursday. Under the new setup, liquidity providers will be able to earn swap fees while their underlying assets continue generating yield, eliminating the need to choose between the two.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.