Market Overview

Bitcoin, Ethereum & Litecoin - American Wrap: 1/15/2020

Bitcoin, Ethereum & Litecoin - American Wrap: 1/15/2020

Bitcoin Price Analysis: BTC/USD set for another test of $9000

Bitcoin price is trading in the green, up some 0.45% in the second half of the session. 

BTC/USD moving within consolidation mode following the strong push north in the session on Tuesday.

The price is on course for a critical weekly closure above a bullish flag structure. 

Ethereum Price Analysis: ETH/USD bulls have room to drive price back into $200 territory

Ethereum price is trading in the red by -0.80% in the session on Wednesday. 

The bulls pressed for a big double-digit rally on Tuesday, breaking out of a bearish trend structure. 

In terms of upside targets, the door has been left open for a return into $200.

Litecoin Price Analysis: LTC/USD big zone retest $60-56 must hold for further moves north

Litecoin price is trading in negative territory by some 1.20% in the session on Wednesday. 

LTC/USD bulls have been making decent headway, since bottoming out at the back end of last year. 

Should the noted zone hold, there could be room for a fast return into $75-80 range. 

Image Sourced from Pixabay

Posted-In: BitcoinCryptocurrency News Eurozone Forex Global Markets General


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