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BTC, XRP and LTC Price Analysis for September 16

BTC, XRP and LTC Price Analysis for September 16

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Despite the constant pressure from sellers, some coins are trying to grow according to their CoinMarketCap ranking.

BTC/USD

Bitcoin (BTC) is on the list of coins that are in the green zone.

TradingView BTC/USD Chart

Despite the small growth, it is too early to think about a quick recovery, as Bitcoin (BTC) has not accumulated enough power to do so. As long as the price stays below $20,575, the bears tend to be stronger than the bulls.

Bitcoin is trading at $19,710 at press time.

XRP/USD

XRP is the biggest gainer today as the price is up 1.63% since yesterday.

TradingView's XRP/USD Chart

While buyers are trying to seize the initiative, XRP continues to trade in a wide channel between support at $0.3119 and resistance at $0.3694. A possible upside can only be considered if the price reaches the $0.36 zone.

XRP is trading at $0.3321 at press time.

LTC/USD

Litecoin (LTC) is the biggest loser, falling 7.11 percent.

TradingView LTC/USD Chart

Although Litecoin (LTC) is trading in a wide range, the price is slowly approaching its support level at $52.28 on the daily chart. In this case, a further drop to the $53 mark could trigger a sharp drop to the $50 area.

Litecoin is trading at $55.94 at press time.

Source: https://u.today/btc-xrp-and-ltc-price-analysis-for-september-16

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