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

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsEmerging MarketsFuturesForexGlobalMarketsGeneralBitcoincrypto marketEthereumFXStreetripple
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...