Litecoin price clear and definite prior uptrend supports a cup-with-handle base. U-shaped bottom enforces the bullish outlook. Bears unsuccessfully trying to pull LTC price below the 50-day simple moving average (SMA). Litecoin price suggests a balance between supply and demand and confirms the bullish view that selling pressure has been exhausted. Litecoin price reflecting historical precedent for superior bases A strong price pattern of any type, like a cup-with-handle, “should… Source link

Ethereum Ethereum rose by 0.67% on Tuesday. Following a 2.89% decline on Monday, Ethereum ended the day at $1,806.03. A bearish start to the day saw Ethereum slide to an early morning intraday low $1,706.25 before making a move. Ethereum fell through the first major support level at $1,722.04 before striking a late morning intraday high $1,819.20. Falling short of the first major resistance level at $1,881, Ethereum fell back to $1,760 levels before funding support. A late move back through to… Source link

Someone bought this NFT for $69,000. I vividly remember the moment I realized NFTs were a thing.  I was talking to a friend who’s into cryptocurrency. He was regaling me with a… Source link

A retest of 1200+/-100 and then rally to new all-time highs. As you can see, the weekly and monthly charts feature two different EWP wave-labels, but both point to higher prices (anticipated paths). The weekly chart’s EWP points to two more rallies (black major-5 and blue Primary-V) after an initial pullback (major-4) before this Bull run is over. Whereas the monthly chart suggests, we could see three more rallies (add purple Cycle 5). I always have an alternate (more Bullish) EWP count… Source link

Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours.  Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Coinbase.Source: TradingView Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and prices settled in the mid-$50,000 range for the most of Tuesday.  Monday’s… Source link

Bloomberg Credit Suisse Warns Greensill May Spoil Best Start in Decade (Bloomberg) — Credit Suisse Group AG warned it may take a financial hit after the implosion of Greensill Capital forced it to freeze $10 billion of funds and put a loan to the firm at risk, threatening to spoil what had been the bank’s best start to a year in a decade.The lender said Tuesday that while it’s still early, it may need to book a charge related to business it conducted with Greensill Capital, including a… Source link

As Bitcoin price dropped below $55,000 on March 15, Ether (ETH) pulled back to confirm the $1,750 level as support. This signals optimism from professional traders despite the 12% drop that occurred after Ether price peaked at $1,950 on March 13. While Ether may be bullish from the price perspective, recent news surrounding the protocol hasn’t been positive. Last week, Cointelegraph reported the rising tensions between miners and developers as they clashed over the EIP-1559 proposal, which is… Source link

Ether (ETH) reserves on exchanges are continuing to decline despite being at historic lows. This trend indicates a supply shortage of ETH across major trading platforms following the release of an Ethereum 2.0 deposit wallet for staking. As Cointelegraph previously reported, staking neared $4 billion in January, leading to around 2% of ETH’s supply being locked in the Eth2 deposit contract. The low supply of ETH on exchanges should decrease the overall selling pressure on the asset, especially… Source link

Cryptocurrency is riding a bull trend like few stocks have, even if we include the massive dip we saw a few years ago. While Bitcoin (CCC:BTC-USD) gets all the attention, let’s not forget about Ethereum (CCC:ETH-USD). Source: Shutterstock If an investor is bullish on Bitcoin, it’s hard not to be bullish on Ethereum. They don’t trade in lockstep necessarily, as each has their own period of outperformance. However, they do tend to trade together and it’s unlikely one… Source link

Ethereum is currently trading at $1,770 following a 8.9% move to the downside since Sunday’s high of $1,939. The world’s second largest cryptocurrency by market cap has managed to find a natural level of support on the daily 21 exponential moving average. A daily close below that level, which is sitting at $1,733, would indicate a period of continuation to the downside, with price targets emerging at $1,639 and $1,450. However, a bounce from this region would form a crucial higher low from… Source link