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LTC, TRX, BNB, BSV Altcoin Price Prediction - Has the Altcoins Season Started for All Coins?

  • Denys Serhiichuk
    📰 News

    Which top coin is likely to grow in a short-term scenario?

LTC, TRX, BNB, BSV Altcoin Price Prediction - Has the Altcoins Season Started for All Coins?
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Contents

While all coins out of the top 10 list are located in the red zone against the US Dollar and Bitcoin, some cryptocurrencies are trying to grow against the leading crypto. ADA is the biggest loser as its rate has soared by almost 7% over the last 24 hours. Ethereum is the so-called ’top gainer’ as its price has gone down by only 2.81%.

Top 10 coins by coinstats

Here are the main indicators of Litecoin, TRX, Binance Coin, and Bitcoin SV.

NameTickerMarket CapPrice Volume (24h)Change (24h)
LitecoinLTC$4 584 189 9860,00724818 BTC$2 570 181 947-3,36%
TRONTRX$1 192 840 0520,00000179 BTC$692 787 408+2,56%
Binance CoinBNB$3 214 626 0940,00206887 BTC$157 461 559-3.77%
Bitcoin SVBSV$2 143 319 5150,01201607 BTC$217 871 353-3.05%

LTC/BTC

Even though Litecoin showed significant growth from September 14 until September 18, currently, it is located within the descending channel.

LTC/BTC 4-hour chart

On the 4H chart, the ’digital silver’ came back to the crucial bullish line, which is going to determine the future trend. If the level of 0.0072 BTC is not broken, Litecoin will move to the next resistance point at 0.0072 BTC. However, if sellers seize the initiative, the trend will switch to bearish.

LTC is trading at 0.007233 BTC at press time.

TRX/BTC

TRX is the only coin out of the top 20 list which is located in the green zone. Its rate has increased by 2.5% over the last day against BTC.

TRX/BTC 4-hour chart

According to the chart, TRX does not show any potential for further growth. The MACD indicator is located in a sideways trend, confirming the absence of a further rise. In this case, TRX is likely to locate within the yellow corridor between 170 and 175 satoshi until the end of September.

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TRX is trading at 0.00000179 BTC at press time.

BNB/BTC

Our recent BNB price prediction came true, as the price kept its decline, followed by a further bounce back.

BNB/BTC 4-hour chart

Binance Coin touched the local high on September 18 and now moving to the nearest support at 0.002 BTC. Such a bearish mood is confirmed by the decreasing MACD indicator. Besides, the trading volume is also located at its lowest levels.

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Binance Coin Price Prediction for September 2019: Any Chances to Reach $25?

BNB is trading at 0.00206 BTC at press time.

BSV/BTC

Bitcoin SV is one of the biggest losers today, as its rate has gone down by 3% over the 24 hours.

BSV/BTC 1-day chart

Bitcoin SV does not show any signals of a possible revival and its rate keeps declining. Against the low index of trading volume, BSV might touch the crucial support at 0.011 BTC. Such a price is supposed to be achieved until the beginning of October. BSV is trading at 0.01205 BTC at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and make predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing & ICO Advisory, ATB Coin, and others.

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Bitcoin Price Likely to Decline to $7,800: Crypto Analyst

  • Yuri Molchan
    📰 News

    Bitcoin is to find support at $7,800 or recover to $8,300, an analyst writes, but either way ‘continuation of the ranging on either of the levels is going to occur’

Bitcoin Price Likely to Decline to $7,800: Crypto Analyst
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Over the last few days, Bitcoin has been trading below the $8,500 area. At the moment, it has recovered to $8,258 after the recent slip below the $8,100 level.

Analysts have been bullish on BTC in the long run, however, the nearest BTC price movements are expected to be bearish.

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The crypto analyst @CryptoMichNL believes that there are two paths ahead of Bitcoin at the moment. If it fails to recover to $8,300, he says on his Twitter page, then the market should be ready for the flagship coin to drop and find support at the $7,800 or $7,300 levels.

Whichever way it goes, ‘continuation of the ranging on either of the levels is going to occur’.

The analyst tweeted this forecast twice with an hour pause.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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