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Cryptocurrencies Price Prediction: Litecoin, Ripple & Cryptos – American Wrap 30 August

Cryptocurrencies Price Prediction: Litecoin, Ripple & Cryptos – American Wrap 30 August
FXStreet TeamFXStreet TeamFXStreet

Litecoin price is set for a decline after it fails to close above resistance barrier

Litecoin (LTC) price failed to close above the 50-day Exponential Moving Average (EMA) around $66. At the time of writing, it trades slightly down by 1% at $61.96 on Friday. Moreover, LTC's long-to-short ratio paints a bearish picture as it stands below one.
LTC/USDT daily chart
Ripple (XRP) Chief Technical Officer (CTO) David Schwartz addressed concerns about token giveaways by the cross-border payment remittance firm. 
XRP

Bitcoin hovers around $59,500 on Friday. The cryptocurrency suffered a 7.41% decline this week, down from Monday’s open of $64,219. 

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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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