Cryptocurrencies Price Prediction: Bitcoin, Ripple & Litecoin – European Wrap 24 June

Bitcoin Price Update: BTC/USD dives below $9,500 amid the sell-off on the cryptocurrency markets

Bitcoin (BTC) dropped below $9,500 and tested the $9,476 by the time of writing. The first digital asset has been ragebound above $9,700 since the beginning of the week; however the lack of the follow through demotivated the bulls and pushed the price mack inside the previous consolidation range. 



Ripple Market Update: XRP/USD bulls take another short at $0.19, rendezvous at $0.20

Ripple price has embarked on the ultimate journey towards $0.20 following another shot at the seller congestion zone, $0.19. The recovery commenced in the Asian session on Wednesday but was only able to take down the barrier at $0.19 in the ongoing European session. At the time of writing, XRP/USD is teetering at $0.1904 amid a building bullish momentum.


XRP/USD price chart

Litecoin Price Analysis: LTC/USD explores support area on approach to $43.00

Litecoin (LTC) dropped from the intraday high of $44.60 and tested $43.16 amid sharp sell-off across the board. At the time of writing, LTC/USD is changing hands at $43.39, down nearly 2% since the start of the day. Litecoin is the seventh largest digital asset with the current market value of $2.8 billion and an average daily trading volume of $1.39 billion. 



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Bitcoin Price Analysis: Bulls eye $12,000 amid falling channel breakout

Bitcoin (BTC/USD) has finally broken the recent consolidative phase to the upside, as the bulls cleared the $11,700 resistance. Technical set up favors BTC bulls, eyes set on $12,000 mark. 

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BCH/USD: Downside appears compelling amid bearish crossover

Bitcoin Cash (BCH/USD) is consolidating in a $10 narrow range after a volatile Friday, as the bears gear up for the next push lower. Hourly RSI inches lower below the midline, with bearish HMAs crossover. A test of Friday's low at $277 is on the cards. 

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VET/USD: Bullish bias intact while above 21-DMA

The bullish tone around VeChain (VET/USD) remains intact on Saturday, despite a temporary pullback seen a day before. The path of least resistance appears to the upside, especially after it charted a descending triangle breakout on the daily sticks last Tuesday.

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Cryptocurrency Market Update: Ethereum outperforms amid broad-based buying spree

Buying-wave sweeps across the crypto board on Saturday. Ethereum leads the advance among the top 3 favorite crypto coins. Will the bulls extend control into Sunday after Friday’s decline?

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Bitcoin Weekly Forecast: BTC hit the pause button before a decisive breakthrough

Bitcoin lived through a wild roller-coaster move during the previous weekend. The coin hit the new 2020 high above $12,000 and crashed to $10,500 in a matter of hours. 

Read the weekly forecast