Cryptocurrencies price prediction: Bitcoin, Ripple & Litecoin - American Wrap - 14 January


Bitcoin (BTC) on the brink of $9000 return

Bitcoin price has further pushed north trading around session highs, as the bulls close in on the $9000 price mark.

Price action via the 60-minute broke out and retested a pennant structure, leaving the door open to further upside momentum.

Ripple's XRP Technical Analysis: XRP/USD bulls attempting big breakout of narrowing triangular structure

Ripple's XRP price is trading in the green by some 4.60% in the session on Tuesday.

XRP/USD bulls regaining control following a brief retest of $0.2000 mark. 

Price action has been narrowing within a triangular structure, with next committed move eyed. 

Litecoin Technical Analysis: LTC/USD jumps to highest levels in almost four weeks following $50 breakthrough

Litecoin price is trading in positive territory by some 9.70.% in the session on Tuesday. 

LTC/USD momentum has been very much to the upside since 18 December. 

A decent wave of buying pressure came into play following the $50 breakthrough. 

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ETH ready for a decisive breakthrough, BTC range-bound

BTC/USD hit the intraday high above $11,400 during early Asian hours and retreated to $11,226 by press time. The first digital coin has stayed unchanged on a day-to-day basis and since the beginning of the day, moving within a short-term bullish trend amid low volatility.

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All phases of Ethereum 2.0 will positively impact the network – Analyst

The anticipation of Ethereum 2.0 is continuing to rise as the activity on the network is surging. Kelvin Koh, the co-founder of venture capital firm Spartan Group, has recently said that ETH 2.0 will have play a key role in the growth of the network.

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ETC/USD faces stiff resistance at $7.35

Ethereum Classic (ETC) settled in a range above $7.00 after wild price swings on the weekend. At the time of writing, ETC/USD is changing hands at $7.20, mostly unchanged both on a day-to-day basis and since the beginning of Tuesday. 

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ADA/USD bulls remain in control as price goes up

Cardano successfully launched the Shelley hard fork a few days back and it currently has >620 active stake pools. These pools have a total of 2.74 billion ADA committed to staking. According to ...

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Bitcoin Weekly Forecast: Fasten your seatbelts, next stop is $12,000

Bitcoin has had its best week since mid-2019. The first digital currency gained over 18% in a single week and hit the new highest level of 2020. At the time of writing, BTC/USD is changing hands at $11,358 and the upside momentum is gaining traction as Bitcoin bulls are pushing at the upper line of the weekly Bollinger Band. 

Read the weekly forecast

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