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Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin and Litecoin – European Wrap 22 July

Shiba Inu price reverting to mean with 33% climb

Shiba Inu price is currently experiencing a pullback after failing to set up a higher high. While this is demeaning in the short term, it does not impact the bullish outlook negatively.

SHIB/USDT 4-hour chart

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC breathes life into altcoins

Bitcoin price has shown a sign of life after a massive downtrend that pushed it below $30,000. After briefly spending time below the psychological level, BTC has bounced back, and altcoins like Ethereum and Ripple have followed it.
BTC/USDT 12-hour chart

Litecoin Price Prediction: LTC still stuck in bearish technical trade

Litecoin price and other cryptocurrencies got a lift from the positiveness that reemerged in markets after the sell-off last Monday. A few tweets from Elon Musk and Jack Dorsey helped to put the spotlight back on cryptocurrencies. Buying LTC now means that you need to be aware of a looming bull trap with Litecoin still under pressure from a downward technical play.


LTC/USD daily chart

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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.