Price Analysis: XRP, Bitcoin Cash (BCH) and Litecoin (LTC)
With Bitcoin targeting $10k, here’s a look at where XRP, BCH and LTC may be heading.
XRP
Once we breach this 45 cent area, I expect a move to 60 cents. From there, we will go higher. The question will be, do we have a pull back before that happens, or move right away?
Notice how MACD is shifting towards the upside. If we get a cross while in positive territory, this is extremely bullish.
Either way, we are long from 33 cents, with an add at 50 cents. Targeting well above $1 if we get a strong move.
Bitcoin Cash (BCH)
While BCH has also broken its trend line, we really need a break above $600 to signal a move higher.
MACD is itching to cross, and RSI is lower than it’s been in a while.
It seems it’s just a matter of time before we get a move up. Once we break $600 and really start moving up, my first target is $1,600.
Litecoin (LTC)
I have been long from $55. LTC has had this broken wedge probably for the longest period of time. We have carved a bottom out at this $50 area.
MACD has crossed to the upside and is looking to build momentum. Once we break above this $70 zone, we will be moving much higher.
If we use Fibs for our targets, the first would be in the 175 zone. We’ll gauge once we break 175 to see how fast and high we go up.
Join us on Telegram
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
Check Out the Latest Headlines
Leave A Comment
You must be logged in to post a comment.