TRENDING:
US midterms
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: SafeMoon, Litecoin & Bitcoin – American Wrap 16 February

Cryptocurrencies Price Prediction: SafeMoon, Litecoin & Bitcoin – American Wrap 16 February
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets give uptrend another shot

Bitcoin price seems ready for another uptrend as it recovers from its recent pullback. This resurgence of bullish momentum for BTC seems to be seeping into Ethereum, Ripple and other altcoins.

SafeMoon attempts breakout that could launch SFM more than 15%

SafeMoon price has been under intense selling pressure over the past nine trading days. After falling more than 26%, it finally found support against a prior traded low in the $0.0014 value area. Since then, however, some bullish momentum has returned, and bulls now look for an opportunity to take control.

Litecoin price set to break the downtrend as relief rally sweeps markets

Litecoin (LTC) price formed a big bullish candle yesterday as a relief rally sparked by news that Russia will pull back some of its troops from the Ukrainian border took place during European trading hours. This created a massive tailwind that lifted stock markets and cryptocurrencies to solid intraday profits. With some profit-taking today, the rally still looks strong enough to continue and could provide Litecoin bulls with the necessary fuel to break above the red descending trend line dictating the downtrend since December 08.

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

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week. Muted demand for US-listed spot Solana Exchange Traded Funds, rising short positions and overheated market conditions continue to weigh on sentiment, limiting recovery attempts.

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid (HYPE) trades at $81.73 as US regulators open another route for perpetual futures, allowing contracts tied to individual stocks to trade on qualifying domestic exchanges.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.