RATE Group | Litecoin $54.59, Bitcoin Cash $235, Ethereum $172. Cryptocurrencies price prediction
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Litecoin $54.59, Bitcoin Cash $235, Ethereum $172. Cryptocurrencies price prediction

07 Oct Litecoin $54.59, Bitcoin Cash $235, Ethereum $172. Cryptocurrencies price prediction

Posted at 11:20h in Bitcoin News by

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Litecoin has been moving inside a horizontal channel since September 24. The sixth-largest digital asset with the current market value of $3.5 billion has lost over 2% in recent 24 hours to trade at $54.59 at the time of writing. From the short-term perspective, LTC/USD is moving with bullish bias amid shrinking volatility. An average daily trading volume stays well above $2 billion.

 

Litecoin

Bitcoin Cash is reacting positively on Monday following a mundane trading session over the weekend. The 2% gains on the day follow a remarkable breakout from a symmetrical triangle pattern that has been forming since Tues last week.

At the time of the press, Bitcoin Cash is trading at $227.40. The breakout has legs founded within the support offered by the simple moving averages. The 50 SMA on the hourly chart currently stands at $221.39 while the 100 SMA is currently at $221.82.

 

Bitcoin Cash

ETH/USD hit the recent high at $186.00 on October 1 and has been sliding ever…

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