Home Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 17 December
Crypto News

Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 17 December

Bitcoin Technical Analysis: Short, medium and long term

The weekly  chart  is showing that more downside could be on the cards.

6270.01 is the main support on the downside and beyond that, the internal trendline might stem some losses.

If that support is broken then it could lead to some more capitulation based on the signals on the chart.

Ethereum technical analysis: ETH/USD additional pressure is in play following bearish pennant breach

Ethereum price is trading in the red, down 1.90% the session on Tuesday.  

ETH/USD has been at the mercy of the bears since losing the psychological $200 price mark.  

The price running closer towards a big $100 price retest, which could spark further panic selling.  

Litecoin technical analysis: LTC/USD no slowdown of selling pressure with $30 mark eyed

Litecoin price is trading in the red in the session by some 3.25%.  

LTC/USD is in firmly heading to the south, following key technical structure breakouts.  

The next major daily support area of interest is seen down at the $30 price mark.  

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.