|

Cryptocurrencies Price Prediction: Litecoin, Ripple & Bitcoin — Asian Wrap 21 November

LTC whales could signal next Litecoin price move once profit booking halts

Litecoin price rise might have tapped out sooner than expected, but as with the rest of the crypto market, one cannot ascertain what lies next for the altcoin. Interestingly, the answer is not as hidden as it may seem; in fact, it remains in the hands of the whale addresses more than the macro market cues.

XRP price losing $0.600 could result in Ripple investors losing 24% of their recent profits

XRP price is close to losing the profits the altcoin witnessed in the first week of November. One of the biggest catalysts when it comes to price action is the use cases of Ripple and XRP among banks, as well as their exposure to this altcoin. However, by the looks of it, Ripple has lost that crown to Polkadot.

 

Bitcoin price momentum weakens despite Spanish bank Santander introducing BTC trading for Swiss clients

Bitcoin (BTC) price remains northbound from a glance, but a close look reveals a correction could be underway. It comes amid waning momentum, but BTC holders will not relent and continue to cling to any straw of grass to delay what could be inevitable. 

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

Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.