|

Cryptocurrencies Price Prediction: Dogecoin, Litecoin and Stellar Lumens – European Wrap 3 March

DOGE stalls ahead of 38% technical breakout

Dogecoin bulls have been keen on recovery since the price drop at the beginning of March. However, the momentum continues to lose steam, leading to lethargic price action. DOGE must break above a critical seller congestion zone to open the door for a huge technical liftoff. Read more...

DOGE/USD 4-hour chart

LTC lifts off the Launchpad while $250 beckons

Litecoin has set out north after bouncing from support at $152. Initially, recovery was gradual but became rapid after LTC stepped above the 200 Simple Moving Average on the 4-hour chart. If a near-term confluence level is broken, Litecoin may see massive buy orders triggered in anticipation of an upswing to $250. Read more...

LTC/USD 4-hour chart

Stellar could sprint to $0.65 if crucial technical pattern confirms

Stellar stalled at $0.48 following the dip to $0.3. Sideways price action seems to have taken precedence, but XLM appears to be leaning to the bullish side. The cross-border token is also trading between two key levels that might determine its future. Meanwhile, Stellar is looking toward a 35% technical breakout, aiming for $0.65. Read more...

XLM/USD 4-hour chart

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

XRP holds bearish bias despite spot ETF inflows
Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows
The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships
The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.