Market Overview

Bitcoin, Ethereum & Litecoin - American Wrap: 2/18/2020

Bitcoin, Ethereum & Litecoin - American Wrap: 2/18/2020

Bitcoin Price Analysis: BTC/USD rockets back above the big $10,000 mark

Bitcoin price is trading in positive territory, up 3.40% in the second half of the session. 

BTC/USD is heading back for another purposeful retest of the barrier at $10,500. 

The price managed to stage a rebound, after receiving support at the round figure of $9500.

Ethereum Price Analysis: ETH/USD can fly if $270-290 supply zone is broken down

Ethereum price is trading in the red by 1.40% in the session on Tuesday. 

ETH/USD price action is very much choppy, as seen over the last seven sessions. 

The bulls must break down a barrier of resistance running around the $270-290 range. 

Litecoin Price Analysis: LTC/USD has broken out of an intraday chart pattern

Litecoin is breaking higher today like much of the other cryptos on Tuesday.

The sell-side volume is still much larger so we would need a pick up to ensure the market is behind this move.

At the moment 70.00 seems to be a good area of support for LTC/USD and a break of the 77.30 resistance would be a good sign for the bulls.

Image Sourced from Pixabay


Related Articles

View Comments and Join the Discussion!

Posted-In: Cryptocurrency News Emerging Markets Futures Forex Global Markets General

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at