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      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The new week has begun with the continued rise of the market as most of the <a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-august-20">assets </a>remain green. Solana (SOL) is the exception to the rule, decreasing by 4%.
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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

At the end of last week, the Bitcoin price consolidated in a sideways range with the support at $48,500.&nbsp;On Sunday, the bears managed to pierce this support level several times. But the Bitcoin (BTC) price did not fall below $48,000, immediately returning&nbsp;to the sideways corridor.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Buyers formed a bullish impulse tonight, which broke through the psychological level of $50,000&nbsp;and, in the morning, marked a new August high of $50,438.

<a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-august-19">card</a>

This summer, the price of BTC returned above $50,000 for the first time. This week, the growth may continue to the area of $51,500. Along with this, an increase in sales is to be expected soon. This might lead to a reversal of the pair in a pullback and a decline in price to the support of $48,000.

Bitcoin is trading at $50,256 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer from&nbsp;today's list, going up by almost 8% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Cardano (ADA) keeps rising after setting a&nbsp;new peak on the daily chart. The trading volume is going down, which means that traders are accumulating power for a&nbsp;possible further price rise.

<a href="https://u.today/cardano-ada-price-analysis-for-august-22">card</a>

Now, the more likely price action is trading in the range around $2.72 before a rise to the psychological level of&nbsp;$3.

Cardano is trading at $2.82 at press time.

LTC/USD

The rate of Litecoin (LTC) is almost unchanged since yesterday. The price rise has accounted for only +0.53%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">LTC/USD chart by TradingView</a>
Litecoin (LTC) has absorbed the fall from the local low at $162, which confirms the bulls' power. If the daily candle closes near the resistance at $189, one may consider a&nbsp;breakout and rise to the closest level at $200. The low buying trading volume supports this&nbsp;bullish mood.

Litecoin is trading at $189.10 at press time.
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    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

At the end of last week, the Bitcoin price consolidated in a sideways range with the support at $48,500.&nbsp;On Sunday, the bears managed to pierce this support level several times. But the Bitcoin (BTC) price did not fall below $48,000, immediately returning&nbsp;to the sideways corridor.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
Buyers formed a bullish impulse tonight, which broke through the psychological level of $50,000&nbsp;and, in the morning, marked a new August high of $50,438.

<a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-august-19">card</a>

This summer, the price of BTC returned above $50,000 for the first time. This week, the growth may continue to the area of $51,500. Along with this, an increase in sales is to be expected soon. This might lead to a reversal of the pair in a pullback and a decline in price to the support of $48,000.

Bitcoin is trading at $50,256 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer from&nbsp;today's list, going up by almost 8% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ADAUSD">ADA/USD chart by TradingView</a>
Cardano (ADA) keeps rising after setting a&nbsp;new peak on the daily chart. The trading volume is going down, which means that traders are accumulating power for a&nbsp;possible further price rise.

<a href="https://u.today/cardano-ada-price-analysis-for-august-22">card</a>

Now, the more likely price action is trading in the range around $2.72 before a rise to the psychological level of&nbsp;$3.

Cardano is trading at $2.82 at press time.

LTC/USD

The rate of Litecoin (LTC) is almost unchanged since yesterday. The price rise has accounted for only +0.53%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">LTC/USD chart by TradingView</a>
Litecoin (LTC) has absorbed the fall from the local low at $162, which confirms the bulls' power. If the daily candle closes near the resistance at $189, one may consider a&nbsp;breakout and rise to the closest level at $200. The low buying trading volume supports this&nbsp;bullish mood.

Litecoin is trading at $189.10 at press time.
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Twig\Template->render(Array, Array) (Line: 40)
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Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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    Original U.Today article

    BTC, ADA and LTC Price Analysis for August 23

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    article image
    Denys Serhiichuk
    Can the altcoins rise against the sharp growth of Bitcoin (BTC)?
    Mon, 23/08/2021 - 11:49
    BTC, ADA and LTC Price Analysis for August 23
    Cover image via www.tradingview.com

    Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

    Read U.TODAY on
    Google News

    The new week has begun with the continued rise of the market as most of the assets remain green. Solana (SOL) is the exception to the rule, decreasing by 4%.

    Advertisement
    Top coins by CoinMarketCap
    Top coins by CoinMarketCap

    BTC/USD

    At the end of last week, the Bitcoin price consolidated in a sideways range with the support at $48,500. On Sunday, the bears managed to pierce this support level several times. But the Bitcoin (BTC) price did not fall below $48,000, immediately returning to the sideways corridor.

    BTC/USD chart by TradingView
    BTC/USD chart by TradingView

    Buyers formed a bullish impulse tonight, which broke through the psychological level of $50,000 and, in the morning, marked a new August high of $50,438.

    card

    This summer, the price of BTC returned above $50,000 for the first time. This week, the growth may continue to the area of $51,500. Along with this, an increase in sales is to be expected soon. This might lead to a reversal of the pair in a pullback and a decline in price to the support of $48,000.

    Bitcoin is trading at $50,256 at press time.

    ADA/USD

    Cardano (ADA) is the biggest gainer from today's list, going up by almost 8% since yesterday.

    ADA/USD chart by TradingView
    ADA/USD chart by TradingView

    Cardano (ADA) keeps rising after setting a new peak on the daily chart. The trading volume is going down, which means that traders are accumulating power for a possible further price rise.

    Now, the more likely price action is trading in the range around $2.72 before a rise to the psychological level of $3.

    Cardano is trading at $2.82 at press time.

    LTC/USD

    The rate of Litecoin (LTC) is almost unchanged since yesterday. The price rise has accounted for only +0.53%.

    LTC/USD chart by TradingView
    LTC/USD chart by TradingView

    Litecoin (LTC) has absorbed the fall from the local low at $162, which confirms the bulls' power. If the daily candle closes near the resistance at $189, one may consider a breakout and rise to the closest level at $200. The low buying trading volume supports this bullish mood.

    Litecoin is trading at $189.10 at press time.

    #Bitcoin Price Prediction #Litecoin Price Prediction #Cardano Price Prediction
    About the author
    article image
    Denys Serhiichuk

    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 makes predictions about top coins.
    Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.

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