Ethereum (CRYPTO:ETH)– the world’s second-largest cryptocurrency, and the most popular smart contract and decentralized application network — just changed the way it pays the people who maintain its network, in ways that could make it an even more appealing investment. When the next major evolution in its upgrade roadmap occurs, this change could reduce its supply and increase its value. That might be great news for investors seeking to hedge against… Source link
Read More »Monthly Archives: September 2021
Dreading September? Bitcoin price hopes to break the slump trend
Bitcoin (BTC) has been struggling to break the $50,000 mark for over 10 days now. However, on Sept. 2, the premium cryptocurrency briefly surpassed the milestone, sending positive ripples across the market. Since then, the token has dropped below the mark to trade in the $49,000 range before rebounding to hit the $50,000 mark yet again on Sept. 3. As Bitcoin often behaves in a cyclical pattern, a look at the monthly trends for September could reveal patterns in the price, which in turn could… Source link
Read More »Litecoin (LTC) Breakout may Be A Fakeout – LTC Price Prediction, Technical Chart Analysis [Video] – Exchange Rates UK
Exchange Rates UK TV: Litecoin’s move may not be that bullish. .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } [embedded content] If you can’t view the video, please watch on Youtube. Subscribe and watch forex and cryptocurrency technical analysis / forecast videos on our new channel: Exchange… Source link
Read More »MONERO Price Analysis: XMR Token Price Breaks Key Resistance Level Of $300 – Cryptocurrency News – The Market Periodical
The XMR token breaks above the $300 mark and may soon rise higher. XMR moves above the parabolic SAR, indicating an uptrend. The XMR/BTC pair is trading at 0.006088 BTC with an intraday down move of +12.73%. The XMR crypto price is rising after breaking a critical resistance level in the daily chart and seeing a solid bull run soon. Monero price has observed a 1.29% gain in the past 24 hours and is trading near the value of $302. In the past few days, the growth in overall… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 4th, 2021
Ethereum Ethereum rose by 4.01% on Friday. Reversing a 1.08% fall from Thursday, Ethereum ended the day at $3,940.06. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,710.59 before making a move. Ethereum fell through the first major support level at $3,728 before rallying to an early afternoon intraday high $4,030.35. Ethereum broke through the day’s major resistance levels before a late pullback to sub-$4,000. The pullback saw Ethereum fall back through the third… Source link
Read More »Three reasons why Litecoin may be ready for a breakout soon
Most altcoins have recovered well over the past few weeks on the back of Bitcoin’s push above $50k. Litecoin, the cryptocurrency ranked 16th by market cap, also appreciated on the charts, noting gains of 38% gains in August alone. While there has been a strong historical correlation between Litecoin’s price trajectory and the king coin’s movement, this Litecoin rally seems to have different potential. Exciting price action On the daily chart, Litecoin faced a major resistance at… Source link
Read More »Bitcoin Trades Above $50,000 as Cryptos Gain Steam. What’s Behind the Rally.
Text size Bitcoin tends to fall in September. Dreamstime Cryptocurrencies’ hot summer shows no signs of cooling off. … Source link
Read More »Litecoin might have kick-started a push towards $280 for a 44% return
Cryptocurrencies are once more taking the limelight of traditional currencies. Despite the US NFP report traditionally being hailed as a prime event for currency markets, it is hard for most to understand today’s price action in the EURUSD. Today’s trading in Litecoin is however as straight forward as it can be. With the behemoths, Bitcoin, and Ethereum recuperating large parts of their summer losses, coins such as Litecoin have been lagging, but this looks to… Source link
Read More »Ethereum price spikes to a 3-month high above $4,000
Ether (ETH) returned to $4,000 on Sept. 3 for the first time since May as a solid week of gains culminated in a major price milestone. Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversal that rocked the cryptocurrency market roughly three months ago. In so doing, Ether broke out of its three-month trading zone, with $4,025 just $350 away from all-time highs. ETH/USD 1-day candle chart (Bitstamp). Source: TradingView In terms of… Source link
Read More »Ethereum Breaches $4,000, Marking the Presence of Whales
Key Takeaways Ethereum is back above $4,000 after breaking out of a consolidation pattern. The bullish impulse coincides with an increase in the number of large Ether transactions. The network activity suggests that whales may be positioning themselves for higher highs. Share this article Ethereum is making headlines again, after surging by more than 18% within the past four days to test the psychological $4,000 level. Ethereum Breaks $4,000 The second-largest cryptocurrency… Source link
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