TheBTC\/USDprice has come back on the hourlycharton pretty thin volume but it is still building.<\/p>\n
It was a pretty convincing break at 4 am London time last night.<\/p>\n
The value area on the chart stands at 10,299.00 and there is the potential that price could come all the way back there.<\/p>\n
The base case scenario is a test of the formation and a move back to lower level.<\/p>\n<\/p>\n
Ethereum is on an 8-day winning streak if it closes in the green today. Yesterday the shooting star pattern formed yesterday failed to materialize after lower prices were rejected earlier on.<\/p>\n
Price is now headed to the current mean value area for this distributionand there is the potential that there could be a rejection.<\/p>\n
The good point is that the volume is still high and the bulls could carry the price past the next resistance.<\/p>\n<\/p>\n
Litecoinhas retraced from Wednesday's high of $79.15 to trade at $74.37 by the time of writing. The fifth-largest coin with the current market value of $4.7 billion has lost nearly 2% of its value in recent 24 hours and decreased by 4.5% since the beginning of the day.<\/p>\n<\/p>\n
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Cryptocurrencies price prediction: Bitcoin, Ethereum, Litecoin - American Wrap - 19 September - FXStreet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" TheBTC\/USDprice has come back on the hourlycharton pretty thin volume but it is still building. It was a pretty convincing break at 4 am London time last night. The value area on the chart stands at 10,299.00 and there is the potential that price could come all the way back there Continue reading