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

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.

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Editor's Picks

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs. 

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000. 

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.