Bitcoin Price surged above 6400 USD today as CME Group, an American financial market company operating the world’s largest options and futures exchange announced its intention to offer Bitcoin futures by Q4.

Although regulatory approval is still required for the group to go ahead with the launch, this is Great news for Bitcoin and the Cryptocurrency sector.This type of initiatives usually open the door to more investors accessing and investing or trading Cryptocurrencies therefore increasing mass adoption.

Our article today will go over the performance of Bitcoin Price, Ethereum Price, Litecoin Price and Ripple Price for 2017

Bitcoin price surges above 6400 USD

Bitcoin Price reached the Top of a perfect ascending channel. While we do not rule out a possibility of today’s news and an approval from the sec pushing Bitcoin’s price above the top of the ascending channel, we think the likely next move for Bitcoin is retest of the Breakout point at 5500 USD before the next upwards move.

Ethereum Price

When it comes to the Ethereum Price, after a massive run in the first half of 2017, we have a potential consolidation happening prior to the next move. With Devcon 3, the Ethereum developers conference starting tomorrow, we might get some positive catalyststo break the 325 USD resistance. The 370 USD level will need to be broken for a significant upside move.

EthereumPrice.today has provided a detailed coverage or Ethereum price outlook for November 2017 with the important price levels to watch.

Litecoin Price

Litecoin Price typically benefits from Bitcoin’s upside so we might see a bullish move soon for Litecoin. Right now it is lagging Bitcoin and has fallen off the green ascending channel but found strong support in the support line annotated in Blue. We maintain our positive stance on Litecoin and we still believe 100 USD is likely by end of 2017 early 2018.