Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin - American Wrap - 16 September
|Bitcoin technical analysis: BTC/USD another opportunity for the bulls tracking closely to a critical barrier
Bitcoin price in the session on Monday is trading with minor gains of some 0.10%.
BTC/USD bulls are trading ever so close to a critical barrier of resistance, as part of a narrowing triangular structure.
A game-changing barrier appears to be at the round psychological $10,500 mark.
Ethereum technical analysis: ETH/USD bulls in a promising position as the price remains comfortably above the big $180 barrier
Ethereum price is trading in negative territory, with losses of some 0.25% on Monday.
ETH/USD price action via the daily chart view has broken out to the upside from a descending wedge structure.m
A large barrier of resistance was observed at the $180 price mark, the daily break and closure above is attractive for further potential buying momentum.
LTC/USD technical analysis: Long-term trendline has been broken
There is a downtrend on the daily timeframe, and today there has been a break to the upside.
The trendline originated back in June and bounced off another wave high in August.
There has been a base forming with 62.11 the new support low.
On the upside 78.65 is now the main point of resistance and it was used as a big support zone on the 15th of July.
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