Cryptocurrencies price prediction: Bitcoin, Ethereum, Litecoin - 27 August

FXStreet Team FXStreet

BTC/USD technical analysis: Price breaks lower as thin trading fails to inspire bulls

On the 5-min BTC/USD chart prices are starting to break lower after a very slow news day. It was noted earlier that when good news like the Telegram story does not inspire a price rally we may be in dangerous territory.

The Stochastic has turned south into the oversold area with both the K and D lines in negative territory.

The MACD indicator's histogram has also crossed the mid-line into the red with the faster MA also crossing lower.

Ethereum technical analysis: ETH/USD bearish pennant vulnerable to downside risks

Ethereum price on Tuesday is trading in negative territory by 0.50%. ETH/USD price action is narrowing extremely within a bearish pennant structure. The range to the downside is seen at $185, to the upside $190; lower highs are being observed and higher lows.

Price action via the 60-minute chart view is producing lower highs and higher lows, subject to a breakout of the range.

Litecoin technical analysis: LTC/USD explosive moves in the waiting

Litecoin price on Tuesday is trading in negative territory by 1.00%. LTC/USD price action has done little over the past two weeks, narrowing. Price action like many of its peers has formed a bearish pennant structure.

The price is moving within a narrowing pennant formation via the daily. It appears to be the calm before the storm, given the two weeks of range-bound trading.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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