Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – American Wrap 27 April
|Bitcoin Price Analysis: Market stutters ahead of 8K
Bitcoin has been stuttering heavily over the last few days. The candles on the 4-hour chart below are short in stature and look like they are packed full of indecision. All of this hesitation comes as the market looks to target the 8K psychological level. On the left-hand side of the chart there is a red box where the market stalled in the past as the market fell. This is the same level where the bulls are struggling today and it would be good to keep an eye on the zone.
 (12)-637236039606969463-637236111474299599.png){kind=link}
Ethereum Price Analysis: ETH/USD bulls in reaching distance of a big $200 return
Ethereum price is trading in the green by 2.35% in the session on Monday. ETH/USD bulls have been pushing higher for five consecutive sessions. A return into the $200 price mark, would very likely restore much buyer faith.
Litecoin Price Analysis: LTC/USD bulls are here to stay with $50 the game-changing barrier in sight
Litecoin price is trading in positive territory by 3.35 % in the session on Monday. LTC/USD narrowing has been observed as the price consolidates. There is a critical area of resistance just ahead at $45-46, a gateway for the $50 return.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.