Litecoin (LTC) Up $0.15 in Last 4 Hours, Started Today Up 4.68%; in a Downtrend Over Past 30 Days

Litecoin 4 Hour Price Update Updated September 25, 2020 07:19 AM GMT (03:19 AM EST) The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 44.62 US dollars, up 0.34% ($0.15) since the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the last 4 hour candle in terms of percentage price change. Litecoin Daily Price Recap The back and forth… Source link

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3 reasons why traders turned bullish after Bitcoin price surged to $10.7K

Today the price of Bitcoin (BTC) abruptly rose by 6% from $10,136 to as high as $10,743.  After this powerful 24-hour rally, analysts are now turning cautiously bullish for various reasons but will Bitcoin price be able to tackle the $11K mark any time soon? Cryptocurrency daily market performance snapshot. Source: Coin360 Currently, the factors that appear to be lifting investor sentiment are negative funding rates, BTC whale activity, and the U.S. dollar’s recent weakness. Funding rates are… Source link

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Bitcoin may see relief rally to $11K after Dollar Strength Index soars

The price of Bitcoin (BTC) has been stagnating in recent weeks, as it couldn’t break above $11,000 and couldn’t drop below $10,000, the ultimate sign of a continued range-bound structure.  Such a range-bound and sideways structure could strengthen some relief on the markets, as the altcoins — especially the DeFi sector — have seen massive selloffs in recent weeks. However, what’s next for Bitcoin as the futures expiration day is tomorrow, which most likely will cause short-term… Source link

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Whale clusters pinpoint 4 critical short-term Bitcoin price levels

The latest Bitcoin (BTC) whale clusters’ data shows four key short-term price levels could potentially act as resistances, namely $10,369, $10,570, $10,734 and $10,842. The hourly map of unspent Bitcoin from whales. Source: Whalemap Whalemap, an on-chain analysis firm that tracks Bitcoin whale activity, observes areas where whales, or high-net worth individuals, accumulate or move their holdings.  Green clusters indicate areas where whales last bought Bitcoin. Given the tendency of whales to… Source link

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Bitcoin price ‘worst-case scenario’ is now $7,000 — trader Tone Vays

Bitcoin (BTC) hitting $7,000 is now the “worst-case scenario,” veteran trader Tone Vays said on Sep. 23.  In the latest episode of his Market Pulse YouTube series, Vays said he was looking for a BTC price bottom of $9,000. Vays: $9,000 BTC price is “very good buy the dip” opportunity BTC/USD has maintained $10,000 support this week but has so far failed to reclaim higher levels after its fall from $11,000 several days ago.  “If we break down, I think $9,000 is a very good ‘buy the… Source link

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Bitcoin’s realized cap is now $43 billion above the 2017 all-time high

Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017. The realized capitalization metric measures the value of each BTC when it was last moved on-chain, which enables analysts to estimate the aggregate cost-basis of market participants. However, coins on centralized exchanges are absent from the metric, indicating the data is probably… Source link

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Litecoin (LTC) Down $0.23 On 4 Hour Chart, Started Today Up 4.68%; in a Downtrend Over Past 30 Days

Litecoin 4 Hour Price Update Updated September 25, 2020 03:19 AM GMT (11:19 PM EST) Litecoin’s 6 four-hour candle positive streak has officially concluded, as the candle from the previous 4 hours closed down 0.51% ($0.23). Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours. Litecoin Daily Price Recap The back and forth price flow continues for Litecoin, which started… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 24th, 2020

Ethereum Ethereum slid by 6.86% on Wednesday. Reversing a 1.15% gain from Tuesday, Ethereum ended the day at $320.63. A mixed start to the day saw Ethereum rise to an early morning intraday high $344.64 before hitting reverse. Falling short of the first major resistance level at $348.88, Ethereum slipped to a mid-morning low $332.77. Ethereum fell through the first major support level at $337.61 before striking an afternoon high $343.44. The return to $340 levels was brief, however, with Ethereum… Source link

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Monero price is up 45% since July, is it still a buy?

There is still a level of uncertainty surrounding the Monero project Internal Revenue Service is seeking a tool that can be used to trace privacy coins like Monero As long the price of Monero is above $80 this cryptocurrency is not in the “sell” zone If the price jumps above $100 it would be a signal to buy this cryptocurrency and we have the open way to $110 The price of Monero (XRM) has advanced from $61 above $105 in less than three months and the current price stands… Source link

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Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked

The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions. Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m. EDT). Slipping 1.8% over the previous 24 hours. Bitcoin’s 24-hour range: $10,250-$10,575 BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since September 21.(TradingView) Bitcoin’s price had remained in a narrow range since Monday, as the… Source link

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