Ethereum Ethereum fell by 0.01% on Wednesday. Following a 1.76% gain on Tuesday, Ethereum ended the month down by 17.05% to $359.89. It was another choppy day on Wednesday. Ethereum rose to an early morning high $360.1 before hitting reverse. Falling short of the first major resistance level at $363.60, Ethereum slid to a midday intraday low $351.38. Ethereum fell through the first major support level at $353.20 before bouncing back to a final hour intraday high $361.51. Coming up short of the… Source link

Bitcoin is on track to be one of the year’s best performing assets, despite a recent retraction—but that’s not stopped bitcoin bulls from fighting on Twitter. The bitcoin price has climbed through much of 2020, adding some 40%, with the bullish stock-to-flow model—that predicts a massive $288,000 bitcoin price before 2024—working “like clockwork,” according to its anonymous creator. However, a number of high-profile bitcoin analysts and entrepreneurs have clashed over the… Source link

The price of Bitcoin (BTC) has remained relatively flat for September and the strong decline in altcoin and DeFi token prices seems to be making the situation worse for many investors.  Despite this lack of bullish momentum, on-chain data reveals that new participants are joining the Bitcoin network at an alarming rate.   Although the price has failed to react to the sharp inflow of new participants, on-chain analyst Willy Woo believes that this is a strongly bullish sign. Sept. 30 Woo Source link

Litecoin reached our correction target of ±$40 and bounced off it with strength in order to correct upwards. How high can the lTC price go now? Litecoin Price Forecast – The Litecoin price reaches the golden ratio at… Source link

Both Monero and Binance Coin continued to improve their standings in the market, as they attempted to regain control over key resistance levels. Moving averages for Binance Coin also confirmed the presence of bullish momentum. The Basic Attention Token (BAT) was seen consolidating near its support levels. Further with a persistent downtrend, a bearish outlook was prominent in BAT as it lost control of a crucial resistance level earlier in the month. Binance Coin [BNB] Source: BNB/USD on… Source link

A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem. However, the correlation that should be watched the most is the dollar since the global economy is based on the strength or weakness of our world reserve currency, the United States dollar. Weaker USD drove up Bitcoin prices in… Source link

Bitcoin (BTC) is on track for its best third quarter ever, data shows as Q3 2020 has just one day left to go. According to price records from on-chain analytics resource Skew, this year should produce Bitcoin’s strongest Q3 in its history. BTC price challenges Q2 2019 close BTC/USD traded at around $10,680 at press time on Sep. 30. That number comfortably beats any other Q3 close on record, the next highest being last year’s $8,310. What’s more, Bitcoin may seal the second-best quarterly… Source link

Litecoin price (LTCUSD) has been in trouble lately. The digital currency’s price is up by ~10% in the past three months while Bitcoin and Ethereum price have gained by ~20% and ~50%, respectively. In the past month, it has fallen by ~20% while Bitcoin and ETH have dropped by ~8% and ~12%, respectively. The underperformance of Litecoin has seen it overtaken by newer digital currencies. For one, its market cap of about $3 billion is a far cry from its… Source link

A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere Group CEO Nigel Green is a big believer in crypto assets like bitcoin (BTC) and he’s been more vocal about his forecasts in recent days. Last August,… Source link

Bitcoin (BTC) price appears to be gearing up for another shot at the $11K mark but traders shouldn’t get overly excited as resistance in the $11,000-$11,200 zone and at $11,389 have kept the price from moving higher for the last few weeks.  Crypto Fear & Greed Index. Source: Alternative.me Currently the Crypto Fear & Greed Index registers 49 which shows crypto investors feel neutral about the current state of the market. While it’s difficult to gauge the accuracy of the indicator, Bitcoin… Source link