Home Litecoin Cryptocurrencies Worth Prediction: Ethereum, Litecoin and Bitcoin – European Wrap 28 February – FXStreet

Cryptocurrencies Worth Prediction: Ethereum, Litecoin and Bitcoin – European Wrap 28 February – FXStreet

2 min read
Comments Off on Cryptocurrencies Worth Prediction: Ethereum, Litecoin and Bitcoin – European Wrap 28 February – FXStreet
54

Ethereum worth is retesting the $2,160 to $2,567 demand zone after tagging it twice over the past week. A bounce right here is important for ETH to retest the 50-day SMA at $2,863, which is the primary main hurdle.

Litecoin worth is experiencing a pullback after it skilled a fast run-up. The value motion previous to the minor rally performs an important function in figuring out development reversals; presently, it hints at a bullish outlook for LTC.

LTC/USDT 4-hour chart

Bitcoin (BTC) is holding it collectively all-in-all fairly properly as worth motion dipped decrease over the weekend however is again up for the day as Bitcoin sees an uptick in demand initially of the week. That demand comes from Russian individuals utilizing Bitcoin as a substitute methodology of fee because the native forex has devalued significantly, and several other sanctions are making it not possible to make use of FX options. With this renewed curiosity, anticipate to see BTC worth motion rise in direction of $39,780, holding a ten% revenue potential.

BTC/USD daily chart

Adblock test (Why?)


Source link

Load More Related Articles
Load More By admin
Load More In Litecoin
Comments are closed.

Check Also

Bitcoin vs Ethereum – Forbes Advisor UK – Forbes

Bitcoin and Ethereum are the Coca-Cola and Pepsi of the cryptocurrency house. Because the …