Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $52,000 for the first time. The largest cryptocurrency rose as much as 7.7% in New York Wednesday to about $52,332 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. It reached $50,000 on Tuesday for the first time.

This isn’t the $50,000 Bitcoin we predicted | Fortune … Source link

Monero Coin (XMR) – Forecast Summary Monero Forecast: Q1 2021Price: $180– $260Price drivers: Symmetric Pattern Breakout Monero Forecast: Q2 2021Price: $260–$470Price drivers: Bullish Engulfing, EMA Support and MACD Crossover Monero Forecast: 1 YearPrice: $244Price drivers: Double Top Resistance, Bearish Correction  Just like Bitcoin and Ethererum, the cryptocurrency Monero has also shown a dramatic bullish trend recently. Considering the performance of the past month, the XMR/USD pair… Source link

The Yearn.Finance (YFI) price has bounced at a crucial support area and is on its way towards a new all-time high price. Both Cardano (ADA) and Monero (XMR) are facing crucial long-term resistance levels. The price action for the latter seems more bullish, making a breakout more likely.   Cardano (ADA) ADA has been increasing rapidly since the beginning of February when it was trading at $0.33. Currently, it’s trading at $0.86 after reaching a high of $1.02 on… Source link

Bitcoin’s market cap approached $1 trillion after the latest price rise Chesnot/Getty Images The bitcoin price hit a new high above $51,700 after braking the $50,000 mark on Tuesday. Yet JPMorgan said the rally looks unsustainable unless bitcoin’s volatility falls. BTC’s market capitalization has skyrocketed to close to $1 trillion. Visit the Business section of Insider for more stories. The bitcoin price hit a record high of above $51,700 on Wednesday, after soaring… Source link

Litecoin price hinting steep correction as TD Sequential indicator presented sell signal for 5th time in last five months. Supporting the bearish thesis are declining whale holdings, which increase the probability of a downswing. An upswing could come into the picture if LTC bulls manage to push past the recent high at $230. Litecoin price has seen a 20% correction after hitting a local top on February 14. This correction shows signs of an extension as both… Source link

ZCash and Monero prices have been on an uptrend as investors have started to shift towards privacy-focused coins. The ZEC price has jumped to a high of $190, bringing its total market cap to more than $1.7 billion. Monero, on the other hand, has risen to an all-time high of $252, bringing its market valuation to more than $.4.28 billion. Monero and ZCash background: For starters, Monero, Dash, and ZCash belong to a class of cryptocurrencies known for their… Source link

Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables. Ether and Bitcoin YTD performance. Source: Digital Assets Data Investors, mainly those coming from the traditional industry, are used to compare multiples of earnings, sales, and market share. Meanwhile, when valuing a cryptocurrency with multiple use cases, there… Source link

Ethereum Ethereum rose by 0.08% on Tuesday. Partially reversing a 1.31% loss from Monday, Ethereum ended the day at $1.781.97. A bearish start to the day saw Ethereum tumble to an early morning intraday low $1,725.0 before finding support. Steering clear of the first major support level at $1,681, Ethereum struck an early morning intraday high $1,825.00 before hitting reverse. Falling short of the first major resistance level at $1,857, Ethereum fell back to $1,725 levels and into the red. A late… Source link

Ethereum price Today – Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 17th, 2021 For the day ahead Litecoin would need to avoid a fall through the $210.77 pivot level to support a run at the first major resistance level at $221.35. Support from the broader market would be needed, however, for Litecoin to break back through to $220 levels. Barring an extended crypto rally, the first major resistance level… Source link