Bitcoin $50000, Litecoin $176.40, Ethereum $2000. Cryptocurrencies Price Prediction – European Wrap

Fibo Quantum

Bitcoin briefly reclaimed the position above $50,000 on Monday, suggesting that the uptrend and the bull cycle are still intact. Selected on-chain metrics such as the Adjusted Spent Outputs Profit Ratio (aSOPR) and the Liquid Supply change reveal that investor sentiment is higher as long-term holding emerges as a preferred strategy. Read more…

Litecoin price dropped nearly 40% during the market-wide crash on February 20. Now, new developments around LTC suggest that it could lift off soon. Read more

LTC/USD 1-day chart

Ethereum’s technical breakout on Monday had a target close to $1,700, but the price recovery failed to overcome the barrier at $1,600. A correction is underway with Ether struggling to hold above $1,500. Read more…

 

ETH/USD 4-hour chart