Monthly Archives: April 2021

Demystifying Bitcoin’s Remarkably Accurate Price Prediction Model, Stock-To-Flow

Demystifying Bitcoin’s Remarkably Accurate Price Prediction Model, Stock-To-Flow

Bitcoin chart on virtual screen money concept.Gold bitcoins with graph chart and digital technology background. getty The top question on everyone’s mind when it comes to bitcoin is what the price will be in the next two to five years. Unfortunately, there is no universally accepted route to making such an assessment.  Some investors prefer a more fundamental approach, where they evaluate macro trends to identify future performance. Such variables could include the ongoing shift… Source link

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Someone Paid USD 1.7M In Litecoin For Tom Brady Football Card

Someone Paid USD 1.7M In Litecoin For Tom Brady Football Card

Source: Twitter/@GoldinAuctions In what is called one of the largest “hard asset” transactions to be paid entirely in cryptocurrency, an unknown buyer purchased an autographed Tom Brady football card for about USD 1.68m worth of litecoin (LTC) at an auction hosted by Goldin Auctions. The auction house says this marks the most expensive item to be paid in crypto since the company began to accept this form of payment last month. “The hobby is undergoing incredible growth unlike anything… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – April 29th, 2021

Ethereum Ethereum rose by 3.14% on Wednesday. Following on from a 5.31% gain on Tuesday, Ethereum ended the day at $2,751.59. A mixed start to the day saw Ethereum to a mid-morning intraday low $2,551.00 before making a move. Steering clear of the first major support level at $2,541, Ethereum rallied to a late intraday high and a new swing hi $2,762.59. Ethereum broke through the first major resistance level at $2,739 before easing back. At the time of writing, Ethereum was down by 0.11% to… Source link

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BTC and LTC Attempting Recovery, ETH at Risk?

Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Bitcoin is attempting to reverse a drop that cut 20% off its value Litecoin trying to follow suit, key trendline maintains upside focus Ethereum pushes into record highs, but momentum appears fading Bitcoin Technical Outlook Bitcoin is attempting to recover the top that started in April which trimmed over 20% off its value. The dip followed bearish implications from a brewing Rising Wedge chart… Source link

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Bitcoin Is Facing a Make-or-Break Moment, Technicals Show – Yahoo Finance

Bitcoin Is Facing a Make-or-Break Moment, Technicals Show – Yahoo Finance

TipRanks These 2 Penny Stocks Could Rally Over 100%, Says Oppenheimer Speaking of economic opportunity, and the general benefits of wide-ranging growth, President John Kennedy once said, “A rising tide lifts all boats.” As the COVID crisis fades, and economic activity starts returning to normal, we may be seeing just such a situation. The corporate earnings season, which is underway now, is clobbering expectations for the first quarter of 2021. We’ve seen reports from 121 S&P-listed… Source link

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Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely

Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,… Source link

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Why Bitcoin Could Be About To Soar To $100,000

Bitcoin has repeatedly broken fresh ground this year, doubling from its price of just under $30,000 per bitcoin at the start of 2021 to almost $65,000 earlier this month. The blistering 2021 bitcoin price rally has slowed since late February as bitcoin traders and investors try to call the top of the market. Now, an expert panel has predicted the bitcoin price will climb to just over $100,000 per bitcoin in 2021—with almost a third of the panelists surveyed forecasting bitcoin could… Source link

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LTC aims for a new leg up but whales are selling

Litecoin price had a breakout from a descending wedge pattern on the 4-hour chart. The digital asset aims for a price target of $300 in the near term. The number of LTC whales has significantly decreased in the past week. Litecoin price has been trading sideways for the past 24 hours after a breakout from a key pattern formed on the 4-hour chart. However, the number of large holders of LTC has significantly decreased over the last week, indicating that whales are… Source link

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