TRENDING:

XAU/USD

EUR/USD

Cryptocurrencies price prediction: Bitcoin, Litecoin & Ripple - American Wrap - 31 October

FXStreet Team FXStreet

Bitcoin could break higher today

Bitcoin has been volatile over the past few weeks. 10K seems to be a tough nut to crack and is now a strong resistance zone.

Since finding resistance just ahead of 10K the price it a low close to the current consolidation low of 8,920.00.

On Tuesday the price pushed high and took out the downward sloping trendline on the chart.

What is encouraging for the bulls is the amount of volume on the breakout.

Litecoin technical analysis: LTC/USD capped by game-changing weekly resistance at $60

Litecoin price is trading in the green, with a gain of 1.30% the session on Thursday.

LTC/USD weekly price action has been narrow for five trading weeks.

Should the price fails to break $60, it could prove to be punishing.

Ripple's XRP technical analysis: XRP/USD consolidates outside bearish flag

Ripple's XRP price is trading with the red by some 0.45% in the session on Thursday.

XRP/USD is moving above and below the big psychological $0.3000,

The price has not comfortable traded within the $0.3000 region since mid-August.

Author

FXStreet Team

FXStreet

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.

Ripple slumps toward $1.00 despite network growth and ETF demand

Ripple (XRP) is holding above the key $1.00 psychological support level at the time of writing on Tuesday, even as the market endures a protracted downturn that began in mid-June.

Crypto Today: Bitcoin, Ethereum, XRP correction deepens as capitulation persists

The cryptocurrency market continues to face downward momentum on Tuesday, with Bitcoin (BTC) sliding below $60,000, Ethereum (ETH) breaching the $1,600 mark, and Ripple (XRP) retreating toward its critical $1.00 psychological threshold.

Why a hawkish Bank of Japan could trigger the next Bitcoin sell-off

The Japanese Yen (JPY) recorded its lowest level in four decades, at 162.00 against the US Dollar (USD) on Tuesday, raising concerns that the Bank of Japan (BoJ) could intervene to protect the Yen.

Bitcoin struggles near $59,500 amid persistent ETF outflows, US-Iran Doha talks in doubt

Bitcoin struggles around $59,500 on Tuesday after a massive two-week correction. Investors remain cautious as the US and Iran offer different signals over whether their delegations will hold direct peace talks in Qatar.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.