Cryptocurrencies price prediction: Ethereum, EOS & Litecoin – European Wrap – 19 December

FXStreet Team FXStreet

Ethereum Price Analysis: ETH/USD may fall victim to a PlusToken saga

ETH/USD jumped to $134.00 during early Asian hours amid global recovery on the cryptocurrency market. However, the coin hails to hold the ground and retreated to $126.60 by the time of writing. ETH/USD has lost over 5% of its value since the beginning of Thursday.

EOS Price Analysis: EOS/USD bounces off $2.2 support, stalls under trendline resistance

EOS made a brief comeback after suffering in extreme selling pressure for almost two months. The extended losses brushed shoulders with the key support at $2.2. However, the support range between $2.0 and $2.2 saw the bulls take over and force an incredible correction above $2.5.

Litecoin Price Analysis: LTC/USD fails to settle above $40.00

Litecoin (LTC), the sixth-largest digital asset with the current market capitalization of $2.5 billion, has touched the ground above $41.00 during early Asian hours amid strong recovery on the cryptocurrency market. However, the growth proved to be unsustainable as LTC/USD has returned to $39.65 by the time of writing. Then coin has lost about 3% of its value since the beginning of the day, though it is still in the green zone in recent 24 hours.

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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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