RATE Group | Bitcoin $8000, Litecoin $56 & EOS $3.00. Cryptocurrencies price prediction
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Bitcoin $8000, Litecoin $56 & EOS $3.00. Cryptocurrencies price prediction

02 Oct Bitcoin $8000, Litecoin $56 & EOS $3.00. Cryptocurrencies price prediction

Posted at 12:33h in Cryptocurrency News by

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Bitcoin is among the daily losers on Wednesday following the rejection from levels just above $8,500. The correction from the lows formed marginally above $7,700 initially stepped above $8,000 before extending the bullish leg to a weekly high of $8,530. At the time of writing Bitcoin is trading at $8,221 amidst a growing bearish momentum.

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The cryptocurrency market is currently reviving the trend following minor corrections from what analysts regard as a fake. Litecoin is flexing its bullish muscles after failing to impress the investors over the last couple of days.

On Wednesday, Litecoin is up 1.61% after opening the session at $55.78. A bullish action touched highs around $56.74. At the time press, LTC/USD is trading at $56.66 while the bulls look forward to blasting through $60. Still pressing down on the price is the descending trendline resistance.

 

Litecoin

EOS lost over 4% of its value in recent 24 hours. The coin has been depressed during early…

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