RATE Group | Bitcoin $7,472.98 Ethereum $162.07 Litecoin $50.04. Cryptocurrencies price prediction
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Bitcoin $7,472.98 Ethereum $162.07 Litecoin $50.04. Cryptocurrencies price prediction

24 Oct Bitcoin $7,472.98 Ethereum $162.07 Litecoin $50.04. Cryptocurrencies price prediction

Posted at 20:59h in Bitcoin News by

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The Bitcoin price on Thursday is trading in negative territory, nursing a loss of some 0.20%. Downside momentum has taken a break after the heavy selling encountered in the session on Wednesday.

BTC/USD price action has formed a bearish pennant structure, which is subject to a breakout and further potential downside pressure. 

Ethereum technical analysis: ETH/USD critical support gives way

Ethereum price is trading in the red, down 0.25% the session on Thursday.

ETH/USD door is left wide open for bears to further capitalize, following critical flag breach.

The next major support is eyed at $155, failure to hold could subject ETH to another wave of selling pressure.  

Litecoin technical analysis: LTC/USD big bearish flag retest eyed

Litecoin price is trading in the green, with gains of 1.00%  the session on Thursday.

LTC/USD daily price action is subject to a big restest of a breached bearish flag structure. 

Chunky daily resistance can…

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