Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin market registered an important price drop recently, one wherein the value of the digital asset dipped briefly under $30k on the charts. Although the cryptocurrency’s value later bounced back above the $30k-level, the said drop in price also contributed to major altcoins like Litecoin plunging on the charts. Litecoin briefly breached the support… Source link

Ethereum – Ethereum, Litecoin, and Ripple’s XRP – Day by day Tech Evaluation – January 22nd, 2021 Ethereum slumped by 19.35% on Thursday. Reversing a 0.67% acquire from Wednesday, Ethereum ended the day at $1,110.62. A blended begin to the day noticed Ethereum rise to an early morning intraday excessive $1,390.00 earlier than hitting reverse. Falling effectively wanting the primary main resistance degree at $1,446, Ethereum slid to a late intraday low $1,081.00. The sell-off noticed… Source link

Ethereum Ethereum slumped by 19.35% on Thursday. Reversing a 0.67% gain from Wednesday, Ethereum ended the day at $1,110.62. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,390.00 before hitting reverse. Falling well short of the first major resistance level at $1,446, Ethereum slid to a late intraday low $1,081.00. The sell-off saw Ethereum fall through the first major support level at $1,271 and the second major support level at $1,165. More significantly,… Source link

The entire cryptocurrency market lost more than $100 billion in market capitalization. Privacy coins didn’t survive either losing more than 10% of their value within the past 24 hours. Monero price is down by 10% following Bitcoin’s bearish rally. Similarly, Dash and Zcash also lost around 10% of their price in the past 24 hours and have established short-term downtrends.  Monero price can quickly fall towards $120 On the 3-day chart, Monero was trading… Source link

Bitcoin tumbles as much as 11.3 percent on Thursday, sliding below $31,000. Bitcoin closed in on the lowest in three weeks as the cryptocurrency’s sizzling rally gives way to pessimism that prices are too high. Bitcoin tumbled as much as 11.3% Thursday, sliding below $31,000. The largest digital asset has trended lower ever since breaking through $40,000, and losses have accelerated in the past two days. While soaring crypto prices fueled a speculative mania among the Robinhood crowd,… Source link

Litecoin Price Could See A Small Pump To $150 As Indicator Flashes Buy Signals Litecoin had a significant sell-off in the past 48 hours following Bitcoin’s bearish run towards $30,000. The entire cryptocurrency market lost more than $100 billion in the past 24 hours, but LTC could jump up again. Chainlink Price At Risk Of A 16% Drop Towards $16, But There Is Still Hope Chainlink had a healthy consolidation period after a new all-time high that has turned into a steeper… Source link

The price of the world’s second largest cryptocurrency, ether, hit a new all-time high of US$1,440 (£1,050) on January 19. This breached a previous high set three years ago and gave ether a total value (market capitalisation) of US$160 billion, although it has since fallen back to around US$140 billion. Ether, which runs on a technology system known as the ethereum blockchain, is worth over ten times the price it was when it bottomed during the COVID market panic of March 2020. And… Source link

Text size A woman walking past a Bitcoin digital currency ATM in Marseille, France. Nicolas Tucat/AFP/Getty Images New players are hopping on the… Source link

Several companies that are cashing in on bitcoin’s rise are publicly traded, including Galaxy Digital (BRPHF), the cryptocurrency investing firm run by bitcoin bull Mike Novogratz, a top bitcoin bank called Silvergate (SI) and bitcoin mining firm Riot Blockchain (RIOT). Investors who want exposure to bitcoin can also buy the popular Grayscale Bitcoin Trust (GBTC). There’s also lots of excitement about an upcoming IPO: Coinbase, a top bitcoin exchange, is set to go public later this year. And… Source link

Litecoin had a significant sell-off in the past 48 hours following Bitcoin’s bearish run towards $30,000. The entire cryptocurrency market lost more than $100 billion in the past 24 hours, but LTC could jump up again. Chainlink price at risk of a 16% drop towards $16, but there is still hope Chainlink had a healthy consolidation period after a new all-time high that has turned into a steeper correction than what the bulls expected. LINK lost the $20… Source link