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Cryptocurrencies Price Prediction: Litecoin, Crypto & Ripple – European Wrap 10 June

Cryptocurrencies Price Prediction: Litecoin, Crypto & Ripple – European Wrap 10 June
FXStreet TeamFXStreet TeamFXStreet

Litecoin price likely to crash 9% as dead-cat bounce scenario unfolds

Litecoin (LTC)  price outlook has turned bearish after breaking below a key support level, with on-chain data suggesting that holders are losing interest and confidence in the token. 

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Justin Sun deposits $21 million in crypto tokens to Binance

A whale wallet traced back to Tron founder Justin Sun deposited $21 million in four cryptocurrencies to Binance on Monday, according to data from on-chain intelligence tracker Spotonchain. 

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Ripple CEO comments on meme coins amidst XRP ETF optimism

Ripple (XRP) is embroiled in a legal battle with the US Securities and Exchange Commission for nearly four years. The SEC vs. Ripple lawsuit drags on as holders await the SEC’s response to the payment firm’s filing from May 29. 

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