Cryptocurrencies Price Prediction: Litecoin, Avalanche and Terra – European Wrap 8 February

FXStreet Team FXStreet

Litecoin price can reach $170 if LTC bulls clear this hurdle

Litecoin price has witnessed a massive rally over the past week as the crypto markets flip bullish. This sudden optimism is due to the recent uptick in buying pressure seen among BTC holders. LTC, on the other hand, faces a decisive moment that could help it multiply its recent gains.

AVAX price needs to reset before Avalanche hits $100

AVAX price has taken multiple breathers over the past week, which has resulted in an exponential move. However, the uptrend is at risk of a U-turn as Avalanche faces two hurdles.

Terra price presents buy opportunity as LUNA eyes $90

Terra price has witnessed five consecutive green candlesticks since February 3, signaling a surge in bullish momentum. The February 8 candlestick seems to be breaking the streak, however, hinting at a potential retracement before a new leg-up.