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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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Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.