Cryptocurrencies Price Prediction: Ripple, Tezos & Litecoin – Asian Wrap 13 Nov


Ripple Price Analysis: XRP whales begin to sell as stagnation prolongs

Ripple bulls have managed to rally the price from $0.235 to $0.26 between November 2 to November 6, crossing above the 50-day SMA in the process. However, since then, the price has found it challenging to rally up even further. Let’s see how the cross-border remittance token will be behaving in the near future.

 

Tezos Price Forecast: XTZ downside eyes $1.8 before a significant reversal

Tezos, like many other altcoins in the market, is having a difficult time catching with Bitcoin’s bullish cycle to a new yearly high at $16,500. Instead, XTZ struggles to defend short term support to focus on breaking the immediate resistance at $2.1.

 

Litecoin Price Forecast: Strong resistance to stem bullish rally?

Litecoin has been on a bullish rally, as it went up from $38 to $61.50 over the last three days.  However, the top 10 cryptocurrency currently faces strong resistance upfront. Let’s see how far the price will go. As per the detector, there are two strong resistance walls at $62 and $63.35.

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XRP Price Forecast: Ripple could be on the verge of a breakout to $0.40

After losing more than 60% of its value in December 2020, XRP has been trading sideways without much action throughout 2021. The SEC has sued Ripple alleging that it conducted illegal sales of XRP which they consider a security.

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Bitcoin price shows ambiguity as a 30% move is underway according to technicals

Bitcoin has been trading inside a tight range after establishing a new all-time high at $41,950. The digital asset plummeted down to $30,420 and then formed a lower high at $40,100 followed by what seems to be a higher low at $33,850. 

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XLM Price Prediction: Stellar awaits a massive breakout but remains inside a no-trade zone

XLM has continued to trade sideways since we last reported about it. The digital asset remains locked inside a tightening range which will eventually burst. Let’s analyze some of the most important indicators to understand the most likely scenario.

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Ethereum Price Analysis: ETH bulls facing an uphill task inside short-term triangle

ETH/USD steps back from short-term resistance while declining to $1,256 during early Tuesday. In addition to easing from the immediate triangle’s upper line, Ethereum also drops from a three day high by press time. Monthly top, one-week-old ascending trend line favor bulls.

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Bitcoin Weekly Forecast: BTC price faces extreme volatility ahead of a new all-time high

Bitcoin had a wild run this week, dropping from a high of $41,350 to a low of 30,420 in less than 48 hours. 

Read the weekly forecast

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