Home / Altcoins / XRP, LTC, LINK, ETH Price Predictions – Technical Analysis

XRP, LTC, LINK, ETH Price Predictions – Technical Analysis

XRP, LTC, LINK, ETH Price Predictions

BTC is trading very close to its all-time-high value of 2017. This run has been fueled by institutional investors, and retail investors are yet to join. Will this run continue beyond $20,000 or will we expect a correction?

We will shortly find that out once BTC reaches its ATH value. Meanwhile, let us analyze some of the major altcoins and offer up some XRP, LTC, LINK, and ETH price predictions.

XRP/USD – Price Prediction

XRP/USD

XRP has broken the strong resistance at $0.30 and currently it is at a decisive stage of whether it can flip this resistance to support. If it can do so, the next targets would be $0.34, $0.38 and $0.40. Failure to flip the resistance at $0.30 to support could drag XRP price down to $0.26 and $0.24.

LTC/USD- Price Prediction

LTC/USD

If LTC can break the current resistance at $82, we can see a push up towards $90 and $100, and from there, we can see a huge upward push towards $120. Failure to break the current resistance can pull LTC price back towards support 1 at $70 and support 2 at $60.

ETH/USD- Price Prediction

ETH price

Ethereum had an impressive run and is now approaching the 1.618 fib point at $530. The risk to reward for shorting here will be much higher. Unless $530 is flipped to support, we can see a pull back on ETH price towards $487, $443, $400, and a potential drop towards $363. If ETH can clear $531 and consolidate above, only then will we be able to see a push above towards $635 with intermediate targets at $560 and $590.

LINK/USD- Price Prediction

LINK/USD

LINK has managed to regain the support at $13.70, which signifies that a move towards $14.90 and $16 is possible as long as LINK manages to stay above the support of $13.70. Failure to hold the support of $13.70 could drop LINK price down towards $12 and $10.80.

Images courtesy of TradingView.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.


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