Litecoin (CRYPTO: LTC), an early Bitcoin (CRYPT: BTC) spinoff and peer-to-peer cryptocurrency was consolidating on Saturday morning after rising over 12% on Thursday and Friday. Many cryptocurrencies have seen a revival recently from their mid-summer lows which is due, in part, to seasonality. See Also: How To Buy Litecoin • What is Litecoin? The Litecoin Chart: Between Aug. 13 and 15 Litecoin’s relative strength index (RSI) was measuring up into… Source link
Read More »Monthly Archives: August 2021
Ethereum Classic Stops For Gas, Along With Bitcoin And Doge, On Bullish Moon Trip
On Saturday morning Ethereum Classic (CRYPTO: ETC), along with apex cryptocurrency Bitcoin (CRYPTO: BTC) and the ever-popular Dogecoin (CRYPTO: DOGE), was consolidating Friday’s bullish trek north. All three cryptos have recently had a relative strength index (RSI) of over 70% which puts them into overbought conditions for technical traders. A cryptocurrency, like a stock, always enters into a period of consolidation after either a large incline or decline. Ethereum Classic rose 137%… Source link
Read More »Whales Move More Than $1,340,000,000 in Ethereum As Markets Improve – Here’s Where the Crypto Is Going
As the crypto markets start to heat up after a season of cooldown, Ethereum (ETH) and Bitcoin (BTC) whales are staying active, moving nearly $2 billion in crypto assets over the past 24 hours. In a series of six transactions, crypto whales relocated 411,799 ETH worth more than $1.34 billion to various wallets within five hours. Data from the crypto tracker Whale Alert shows the breakdown of the six Ethereum transfers: In addition to the massive moving sums of ETH, one Bitcoin… Source link
Read More »Monero Price Analysis: BTC-XMR Atomic Swap Officially Launched on Network The First Supplier to Join – Cryptocurrency News – The Market Periodical
Monero has become a bit more private than before. The 24-hour trading volume is at $246 million. XMR/BTC pair is trading at 0.00572687 BTC with a 0.7% decline. The daily technical chart of Monero price action displays an uptrend. According to the pivot levels, the primary support level is $212. On the other side, if it rushes up, the resistance level to follow is $362. Although the chart forms a pin bar candlestick pattern within the day, it is predicted that the price may remain… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 21st, 2021
Ethereum Ethereum rose by 3.21% on Friday. Following a 5.58% gain on Thursday, Ethereum ended the day at $3,286.58. A mixed start to the day saw Ethereum fall to a mid-morning intraday low $3,178.65 before making a move. Steering clear of the first major support level at $3,034, Ethereum rose to an early afternoon intraday high $3,300.00. Ethereum broke through the first major resistance level at $3,261 to end the day at $3,280 levels. At the time of writing, Ethereum was down by 0.70% to… Source link
Read More »Ethereum Plunges 85% In Bearish Trade By Investing.com
Ethereum Plunges 85% In Bearish Trade Investing.com – was trading at $469.22 by 00:44 (04:44 GMT) on the Investing.com Index on Saturday, down 85.44% on the day. It was the largest one-day percentage loss ever. The move downwards pushed Ethereum’s market cap down to $383.54B, or 18.31% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $479.29B. Ethereum had traded in a range of $469.22 to $3,287.68 in the previous twenty-four hours. Over the past seven… Source link
Read More »Why Ethereum Classic Is Ready To Break Out Any Day Now
Ethereum Classic (CRYPTO: ETH) is trading higher Friday, as it is moving higher with other popular cryptocurrencies such as Bitcoin (CRYPTO: BTC), Bitcoin Cash (CRYPTO: BCH), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). All but five of the 76 tradable assets on Coinbase Global Inc.’s (NASDAQ:COIN) platform are trading higher Friday. Ethereum Classic was up 2.51% at $67.48 at last check. See Also: How to Buy Ethereum Classic Ethereum… Source link
Read More »We Got the “Pullback, Rally,” Expect a More Significant Pullback Soon
Last week, see here, I was looking for a smaller degree 4th wave pullback, then a 5th wave rally to complete a larger 1st wave top. Ethereum, aka Ether (ETH), took a slight detour by first rallying to the ideal 161.80% extension for a b-wave and then dropped into this week’s low for what is most likely the c-wave of wave-iv and wave-v (the “Rally”) to ideally $3415-3585 should now be underway. See Figure 1 below. Figure 1. ETH daily chart with EWP count and technical indicators. The… Source link
Read More »Litecoin Rises More Than 6% In 24 hours
Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price rose 6.38% to $181.44. This continues its positive trend over the past week where it has experienced a 3.0% gain, moving from $176.26 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger… Source link
Read More »Why Bitcoin, Ethereum, and Dogecoin Are All Soaring Today
What happened Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) are up 6.82%, 8.16%, and 8.36% in the past 24 hours. As of 10:30 a.m. EDT, they are now trading at $48,518.76 per coin, $3,293.94 per token, and $0.3319 apiece, respectively. Earlier in the day, Coinbase Global (NASDAQ:COIN), the second-largest cryptocurrency exchange in the world, announced it would be adding $500 million worth of cryptocurrency to its… Source link
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