Home Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 04 December
Crypto News

Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 04 December

Bitcoin technical analysis: BTC/USD heading for big bearish flag retest

Bitcoin  price is trading in positive territory, up some 2.60%  in the second half of the session.  

BTC/USD price action is heading for a big retest of a breached flag structure.  

There is a chunky barrier of resistance seen at $7500, in proximity to the lower of the noted flag.  

Ethereum technical analysis: ETH/USD vulnerable to bear attack

Ethereum price is trading in the green, up 1.60% the session on Wednesday.

ETH/USD price action is moving within a bearish pennant structure via the daily.  

ETH/USD is at risk of falling back down to the psychological  $100 price mark.  

Litecoin technical analysis:  LTC/USD bearish flag structure subject to a breakout

Litecoin price is trading in the green, with gains of 2.25%   the session on Wednesday.

LTC/USD is consolidating following the harsh selling through the month of November.  

Price action is moving within a bearish flag structure, subject to a potential breakout south.  

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.