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Cryptocurrencies Price Prediction: Ethereum, Litecoin and Bitcoin – European Wrap 28 February

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets eye bullish move as power struggle continues

Ethereum price is retesting the $2,160 to $2,567 demand zone after tagging it twice over the last week. A bounce here is necessary for ETH to retest the 50-day SMA at $2,863, which is the first major hurdle.

ETH/USD 4-hour chart

Litecoin price prepares for a 20% ascent as LTC reveals a bullish setup

Litecoin price is experiencing a pullback after it experienced a quick run-up. The price action prior to the minor rally plays a crucial role in identifying trend reversals; currently, it hints at a bullish outlook for LTC.

 
LTC/USDT 4-hour chart

Bitcoin set to gain 10% as Russians look for alternative means of pay

Bitcoin (BTC) is holding it together all-in-all quite well as price action dipped lower over the weekend but is back up for the day as Bitcoin sees an uptick in demand at the start of the week. That demand comes from Russian people using Bitcoin as an alternative method of payment as the local currency has devalued considerably, and several sanctions are making it impossible to use FX alternatives. With this renewed interest, expect to see BTC price action rise towards $39,780, holding a 10% profit potential.

BTC/USD daily chart

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.