Ethereum Ethereum rallied by 7.75% on Friday. Reversing a 4.26% slide from Thursday, Ethereum ended the day at $1,721.06. It was a mixed start to the day. Ethereum fell to an early morning intraday low $1,589.17 before making a move. Steering clear of the first major support level at $1,536, Ethereum rallied to a late afternoon intraday high and a new swing hi $1,763.93. Ethereum broke through the first major resistance level at $1,679 and the second major resistance level at $1,761. A late… Source link
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Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight
Bitcoin made some gains Friday, but ether hit another brand-new price high ahead of CME’s ether futures launching on Monday. Bitcoin (BTC) trading around $37,751 as of 21:00 UTC (4 p.m. ET). Gaining 0.32% over the previous 24 hours. Bitcoin’s 24-hour range: $36,637-$38,332 (CoinDesk 20) BTC below the 10-hour but above the 50-hour moving average on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Feb 2.Source: TradingView The price of bitcoin is now… Source link
Read More »Ether price breakout to $1,750 sees Ethereum network fees hit all-time high
Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Ether price hits record $1,750 Data from Cointelegraph Markets and TradingView showed a fresh breakout occurring for ETH/USD during Friday trading. At the time of writing, Ether was targeting $1,750 as 6.5% daily gains topped weekly returns of nearly 22%. Ether, Bitcoin YTD performance. Source: Digital Assets Data The move came on… Source link
Read More »Bitcoin jumps above $38,000 as crypto momentum flirts with key resistance level | Currency News | Financial and Business News
Chesnot/Getty Images Bitcoin climbed above $38,000 for the third time in a week on Friday in an attempt to hold the key support level. The cryptocurrency has steadily trended higher after peaking near $42,000 last month and plunging soon after. Indicators suggest the coin has room to run and will make another run at the $40,000 level, one analyst said. Watch bitcoin trade live here. Bitcoin rose as high as $38,346.61 on Friday as the world’s most popular cryptocurrency faced the… Source link
Read More »LTC resumes uptrend to $200 after small hiccup
Litecoin price had a significant breakout from a descending triangle pattern. The digital asset re-tested the previous resistance level and has resumed its uptrend towards $200. LTC faces practically no barriers on the way up as bulls hold all the momentum. Litecoin had a major breakout from a descending triangle pattern on the 4-hour chart with a price target of $185. After a small drop towards the previous resistance trendline, LTC bulls quickly bought the dip… Source link
Read More »It’s ‘Dorsey’s Node’ as Bitcoin Marches Higher, DOGE Chokes
Bitcoin drifts higher, DeFi tokens moon, dogecoin pants Bitcoin was higher early Friday, pushing toward $38,000, around the highest levels in about three weeks. The news overnight was mixed, with an Australian central bank official telling lawmakers in the country that bitcoin is “not a payment instrument and it’s not even really money,” while Twitter and Square CEO Jack Dorsey tweeted that he had set up his own bitcoin node. Key price levels: “Should we go higher, we’ll be eyeing… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 5th, 2021
Ethereum Ethereum fell by 4.26% on Thursday. Partially reversing a 10.23% rally from Wednesday, Ethereum ended the day at $1,597.55. It was a bullish start to the day. Ethereum rose to an early morning intraday high and a new swing hi $1,699.00 before hitting reverse. Falling short of the first major resistance level at $1,724, Ethereum slid to a mid-afternoon intraday low $1,556.0. Finding support at the first major support level at $1,561, Ethereum briefly revisited $1,600 levels before easing… Source link
Read More »Ethereum, Ripple & Chainlink – American Wrap: 2/4/2021 – Yahoo Finance
TipRanks The 5G Revolution Could Send These 3 Stocks Higher We’ve got a full month of 2021 behind us now, and a few trends are coming clearer. The coronavirus crisis may still be with us, but as vaccination programs expand, the end is in sight. With President Trump out of the picture, and the Democrats holding both Houses of Congress and the White House, politics is looking more predictable. And both of those developments bode well for an economic recovery this year. Looking back, at the… Source link
Read More »Ebang International Stock Rises Sharply After Litecoin and Dogecoin Announcement
What happened Shares of Ebang International Holdings (NASDAQ:EBON) rose sharply on Thursday after the company announced a new product that will allow users to simultaneously mine two popular cryptocurrencies, Litecoin and Dogecoin. At the close, the stock was up almost 14%. So what You may be familiar with… Source link
Read More »Monero, Ethereum Classic, VeChain Price Analysis: 04 February
Thanks to the correlation it shares with Bitcoin and Ethereum, most of the altcoin market surged on the charts this week. Monero, Ethereum Classic, and VeChain were among the cryptos to hike, with the general performance of the market fueling more expectations of an altcoin rally. Monero [XMR] Source: XMR/USD on TradingView Monero, the market’s leading privacy coin, despite brief hikes on the charts, has underperformed when compared to the rest of the market’s altcoins. In fact, despite… Source link
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