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Cryptocurrencies Price Prediction: Litecoin, Ripple & Chainlink – American Wrap 15 February

Litecoin Price Prediction: LTC faces just one key resistance level before new high to $280

Litecoin faced a significant sell-off in the past 24 hours, like the rest of the market. Nonetheless, bulls bought most of the dip and aim for new highs as they only face one key resistance level before a massive breakout. 

XRP price defends key level and gains strength while buyers aim for $0.90

XRP price has been trading inside a robust uptrend since February 5, gaining new strength and establishing several support levels on the way up. XRP bulls have just defended a key support level and target a significant rebound towards $0.7.

Chainlink Price Forecast: LINK ready for a jump $40 with no significant barriers ahead

Chainlink price had another massive rally in just three days, jumping by 33% and reaching a new all-time high of $35.7. On February 15, the digital asset suffered a massive sell-off dropping by 20%, but the bulls bought the dip.

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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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Ripple eyes $1.50 breakout despite softening on-chain activity

XRP remains elevated near $1.45 after a sharp spike from the weekly low of $1.31. XRP retains a neutral-to-bullish technical outlook, supported by the RSI and uptrending moving averages.

Zcash Price Forecast: Rally hits nine-year high above $1,000 amid growing shielded demand

Zcash trades above $1,000 on Friday, building on its 16% gain from the previous day. On-chain data show a steady increase in shielded supply to 4.86 million ZEC tokens, pointing to growing demand for privacy.

Crypto’s $638 million buyback boom may not be as bullish as it looks

Decentralized Finance (DeFi) protocols reportedly spent $638 million to buy back their native tokens in August, up 17% from a year earlier. On the surface, the buyback trend suggests the cryptocurrency industry is maturing fast.

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Bitcoin corrects lower toward $80,000 after testing highs at $81,269, supported by $731 million in ETF inflows. Ethereum bulls push to regain momentum, with $2,500 providing immediate support.

Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.