TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Litecoin, Cardano & Bitcoin – American Wrap 20 July

Cryptocurrencies Price Prediction: Litecoin, Cardano & Bitcoin – American Wrap 20 July
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: Smart Money Greed vs Retail Fear

Bitcoin price continues to rally as the slope of the uptrend is increasing. On July 20, 2022, Bitcoin price has succesfully validated the previous bullish trade setup. Although retail traders may still be in disbelief about the uptrend, the market is providing profitable opportunities for those willing to engage.

Breaking: Litecoin price is breaking out!

Litecoin price has breached a triangle consolidation to the upside. If the technicals are correct a rally towards $70 is underway. Litecoin price currently trades at $60.21 as the bulls have established a new monthly high with a large bullish engulfing candle. The invalidation of the bullish trend can be a break below the triangle at $55.

Why the Cardano price has “I told you so” written all over it

Cardano price has been an enjoyable cryptocurrency to trade over the last few weeks. On July 8, during the initial rise of Bitcoin, a bearish forecast was issued warning Cardano traders of a possible liquidity hunt in the $0.40 zone. The trade setup worked in the bears' favor as the Cardano price fell 12% into the $0.40 zone.

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

Crypto liquidations near $2 billion as US Treasury debt buyback sparks short squeeze

Crypto liquidations near $2 billion as US Treasury debt buyback sparks short squeeze

The cryptocurrency market has seen nearly $2 billion in liquidations over the past 24 hours, its largest since February 5. Short liquidations accounted for $1.75 billion, their largest since the October 10 leverage flush, and represented the first major short squeeze in a long while.
Crypto Overview: Bitcoin eyes $70,000 on US Treasury bond buybacks – ETH, HYPE, TRUMP lead gains

Crypto Overview: Bitcoin eyes $70,000 on US Treasury bond buybacks – ETH, HYPE, TRUMP lead gains

The broader cryptocurrency market is regaining strength, pointing toward a renewed bull run. The US Treasury Department announced on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs.
Ripple and Stellar outlook: Extend gains as expanded US Treasury buybacks trigger crypto short squeeze

Ripple and Stellar outlook: Extend gains as expanded US Treasury buybacks trigger crypto short squeeze

XRP and Stellar extend their rallies on Thursday as improving liquidity conditions fuel a broader surge across the cryptocurrency market. XRP trades above $1.08, while XLM approaches the key $0.177 resistance level following surges of more than 10% and 9%, respectively, the previous day.

Bitcoin slips toward key 50-day EMA ahead of FOMC Minutes

Bitcoin slips toward key 50-day EMA ahead of FOMC Minutes

Bitcoin (BTC) edges lower toward the 50-day Exponential Moving Average (EMA) around $64,370 at the time of writing on Wednesday after posting a 2.9% gain over the previous two days.

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.