5.2 C
28 January 2021
Image default

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – European Wrap 2 July

Bitcoin price prediction: BTC/USD stays lethargic, no way out from the range – Bitcoin confluence

Bitcoin (BTC) resumed the decline after a failed attempt to keep the upside momentum after a move above $9,200. The first digital asset hit the intraday high at $9,288 and retreated to $9,200 by the time of writing. On the intraday level, the coin has  been moving within a short-term bearish bias within the recent tight range.


Ethereum Price Analysis: ETH/USD retreats below 1-hour SMA200, more pain ahead

ETH/USD is changing hands at $228.60. The coin has lost over 1% since the start of the day and gained 1.4% on a day-to-day basis. Ethereum is the second-largest digital asset has the current market value of $25.6 billion and an average daily trading volume of $6.5 billion. ETH/USD tested the high of $232.80 before another bearish wave on the cryptocurrency market pushed it back below $230.00 and towards the lower boundary of the recent consolidation channel. Despite the sell-off, the coin is moving within a short-term bullish trend amid low volatility.


Litecoin Price Analysis: LTC/USD to continue hibernating in a range

Litecoin is the seventh largest digital asset with the current market value of $2.7 billion and an average daily trading volume of $1.15 billion. The coin is locked in a tight range below $42.00. LTC/USD has barely changed both a day-to-day basis, though it is down over 1% since the beginning of Thursday.

News Source

Related posts

The month of August proved to be very good for these cryptocurrencies


TRON beats Ethereum and is officially the best dApp platform


Japan to look into ETFs after ignoring cryptocurrency futures


Leave a Comment