RATE Group | Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap
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Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap

08 Jan Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap

Posted at 22:22h in Cryptocurrency News by

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Bitcoin is taking a dive on the intraday charts after hitting a high of 8,469.39 overnight.

Now the price has come to test the previous wave high of 8K.

This level is also a psychological zone and the 55 EMA also is very close by.

The price has touched the 55 EMA and just bounced to the upside at the time of writing.

Below this there is also a trendline which could act as support of 8K is broken.

Bitcoin Analysis

Ethereum Technical Analysis: ETH/USD sucked back within a bearish flag

Ethereum price is trading in the red by 2.30% in the session on Wednesday. ETH/USD bears are running at two consecutive sessions in the red, as the bulls give up momentum. Next major area of support eyed at $130 given the breach of $140.

ETH/USD daily chart

The price is back to moving within a bearish flag structure, at risk of being broken to the downside. 

Ethereum ETHUSD Chart

Litecoin Technical Analysis: LTC/USD bulls remain in full control running at six sessions in the green

Litecoin price is…

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