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Cryptocurrencies Price Prediction: Litecoin, Ethereum & NEO – European Wrap 22 June

Litecoin Price Forecast: LTC/USD spikes above falling triangle pattern, hello $50

Litecoin price is following closely in the footsteps of other major cryptocurrencies such as Ethereum and Bitcoin; both of which are leading recovery in the market. LTC/USD is exchanging hands 1.63% higher on the day. Over the weekend, the price remained pivotal around $43.00. On the downside, $42.00 was established not only as the short term support but also the triangle suppport.

LTC/USD price chart

Ethereum Market Update: ETH/USD may hit $300.00 by the end of summer

ETH/USD settled above $235.00 during early Asian hours on Monday. The second-largest digital asset has gained over 3% since the start of the day and became one of the best-performing coins out of top-10. At the time of writing, ETH/USD is moving withing a short-term upside trend amid expanding volatility, while some experts bet on a sharp move towards $300.00.

ETH/USD

NEO Price Analysis: NEO/USD leads bullish action after breaking descending channel resistance

NEO is the biggest single-digit gainer on Monday, following a widespread bullish wave that is sweeping across the market. NEO/USD has advanced higher by more than 4%, significantly higher compared to Bitcoin’s 1.39% and Ethereum’s 2.77%. After trading an intraday high of $10.76, the price has adjusted to $10.67.

NEO/USD price chart

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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.

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