Monero, at press time, was overwhelmed by selling pressure in the market and lost the important level of support at $130, while Ontology displayed a bullish divergence and effected a bounce. At the time of writing, it was valued at $0.55 and could climb as high as $0.58. Finally, Dogecoin surged by 90% in the hours before press time, before retracing some of the gains made. Monero [XMR] Source: XMR/USDT on TradingView Monero has been trending lower on the charts since mid-January. The… Source link

Litecoin is currently struggling to gather momentum in the $130 region despite an uptick in other altcoins assets like Ethereum, Aave and Polkadot. It seems to be correlating closely with Bitcoin’s price action, although it did print a lower high at $117 on Wednesday. Litecoin’s chart against its Ethereum trading pair on Binance paints a clearly woeful picture, with it having lost more than 54% of its value since December 26. It is now the eighth largest cryptocurrency by market cap… Source link

Ethereum Ethereum slid by 9.28% on Wednesday. Reversing a 3.79% gain from Tuesday, Ethereum ended the day at $1,240.96. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,375.91 before hitting reverse. Falling short of the first major resistance level at $1,416, Ethereum slid to an early afternoon intraday low $1,206.05. The sell-off saw Ethereum fall through the first major support level at $1,283 before finding support. Steering clear of sub-$1,200 support levels,… Source link

Ethereum rallied by 3.79% on Tuesday. Partially reversing a 5.46% slide from Monday, Ethereum ended the day at $1,367.98. A bullish start to the day saw Ethereum rally to an early morning intraday high $1,378.12 before hitting reverse. Falling short of the first major resistance level at $1,432, Ethereum fell to an early afternoon intraday low $1,245.00. Finding support at the first major support level at $1,249, Ethereum struck a late high $1,375.28 before easing back. At the time of… Source link

Three stories EY’s blockchain lead Paul Brody thinks decentralized finance (DeFi) could be coming to everyday consumers. The EY team usually focuses its attention on enterprise blockchain, but the red-hot fintech market, and its mirror image in DeFi, has caught Brody’s eye. According to his theory, platforms such as Robinhood, PayPal and Square could look to integrate increasingly popular DeFi applications. “If I had to make a bold prediction, I think by the end of 2021 at least one… Source link

Litecoin price has just defended a crucial support level at $121. The digital asset is trading inside a descending triangle pattern on the 12-hour chart.  The TD Sequential indicator has presented a buy signal that can help the bulls. Litecoin has been trading sideways in a consolidation pattern after reaching its 2021 top at $185. LTC bulls are trying to defend a crucial support level and push Litecoin price towards $140. Litecoin price can quickly rise to $140… Source link

Photographer: Nicolas Tucat/AFP/Getty Images Bitcoin dropped below $30,000 for the second time in the past week as the largest cryptocurrency struggles to regain momentum after reaching record highs earlier this month. The digital asset fell as much as 7.9% to $29,499 Wednesday The last time it traded below $30,000 was Jan. 22. It set a record high of $41,981 on Jan. 8.

Bitcoin (BTC) retested the $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level. BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview BTC price spooks amid GameStop row Data from Cointelegraph Markets and Tradingview showed any bullish momentum left in Bitcoin dissipate on Wednesday after rejection at highs near $33,000. “Another $30,000 retest for #Bitcoin,” Cointelegraph Markets analyst Michaël van de Poppe… Source link

Whether you’re a diehard bitcoin fan or you can’t stop screaming mania, it’s hard to ignore just how monumental bitcoin’s surge has been. Bitcoin gained over 300% last year and is already up over 10% this year.  Here are five hard-to-believe facts about bitcoin and cryptocurrency that could be helpful for your… Source link

Bitcoin and global equities are trading lower, while the anti-risk U.S. dollar is climbing ahead of a U.S. Federal Reserve meeting later today that may inject volatility into financial markets. The number-one cryptocurrency by market value is trading near $30,800 at press time, representing a 5% drop on the day, according to CoinDesk 20 data. European stocks and futures tied to the S&P 500 are flashing moderate losses. The Dollar Index, which tracks the greenback’s value against major fiat… Source link