Monthly Archives: October 2021

Litecoin Fares Better Than Bitcoin During Crypto Sector Pull Back – Litecoin – United States Dollar ($LTC)

Litecoin (CRYPTO: LTC) was faring slightly better on Thursday than Bitcoin (CRYPTO: BTC), with the latter trading down about 5% under the Wednesday low of $63,525. Although Litecoin was trading about 4% lower in sympathy with Bitcoin, the crypto looked to be digesting Wednesday’s bullish increase of almost 10%. See Also: Bitcoin Flash Crashes To $8,000 On Binance.US The Litecoin Chart: Litecoin created a bullish double bottom pattern on Sept. 28 and Sept. 29 and reversed… Source link

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Traders brace for a drop to $58K if Bitcoin price loses the $62K support

Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the $62,000 level.   An early morning 87% flash crash in the price of BTC at Binance US saw the price briefly touch $8,200 and it may have set the market on edge, but generally, it appears to have been an isolated event. Data from Cointelegraph Markets Pro and TradingView show that bears have briefly taken control of the market with the price now fluctuating… Source link

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Litecoin bears want to take over, but LTC price still eyes $400

Litecoin price attempts to outperform Bitcoin and Ethereum. A rally of over 100% is likely if Litecoin can crack above some key resistance levels ahead. Litecoin is on target to make its own, new all-time highs if conditions are favorable. Litecoin price ended its Wednesday trading session with an impressive 10% gain. Wednesday was the most significant percentage gain since September 3rd. However, unlike Bitcoin and Ethereum, Litecoin still has not made new… Source link

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Ethereum Prints New ATH of Over $4,300 Leading Broader Altcoin Resurgence – Coinspeaker

Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price levels in the coming weeks. Ethereum (ETH), the world’s second-largest digital currency by market capitalization has extended its lead amongst altcoins as it inked a new All-Time High (ATH) of $4,366.09 today. While Ethereum has joined the uptrend since the beginning of the month, it has largely met with a lot of resistance in its… Source link

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Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High – Markets and Prices Bitcoin News

After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market Cap The digital currency ethereum (ETH) came awfully close to surpassing its all-time high this week, reaching $4,379 per unit on the exchange Deribit. That’s only 0.1141% away from the ATH… Source link

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The Newbie’s Guide to Mining Monero

Img source: cryptomode.com Released in 2014, Monero (XMR) is a decentralized cryptocurrency that’s designed to address the privacy issues of Bitcoin (BTC), and as such, it offers users improved anonymity and fungibility. Aside from its top-notch privacy features, the cryptocurrency has proven itself to be a worthwhile investment. In particular, between January 2017 and 2018, the coin’s value increased from USD 13 to USD 329, providing investors with a return of around 2,530%. Finally,… Source link

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Monero Price Analysis: XMR Coin Breaks Above EMA-55 – Cryptocurrency News – The Market Periodical

The XMR coin price breaks above the EMA-55 during intraday. The 24-hour trading volume is at $248 million. XMR/BTC pair is trading positive by 1.8% at 0.00405551 BTC. On the daily price chart of XMR coin, Moving Average Exponential (EMA), consisting of 8,13,21,55-EMA, Acts as reliable support in the coin price movement. Investors may observe the price crosses above the yellow line, so until the price resides above all the EMA’s, it will assure an uptrend in Monero. Trading volume… Source link

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Analyst who called bitcoin’s rebound says ether could hit $10,000

Bitcoin exploded to a new all-time high Wednesday just one day after the first-ever bitcoin-linked exchange traded fund (ETF) started trading on the New York Stock Exchange. The ProShares Bitcoin Strategy ETF (BITO) saw more than $550 million dollars pour into the new futures-linked product in its debut trading day. That enthusiasm, in part, helped push bitcoin’s price (BTC) to a new all-time high north of $65,000 Wednesday morning. Now, one analyst at Fundstrat Global Advisors says that… Source link

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Better Buy: Ethereum vs. Cardano

The rise of cryptocurrency has been one of the most exciting movements in the investing world this year. Several cryptocurrencies have seen explosive growth, but it can be difficult to determine which ones are strong investments. Cryptocurrency, in general, is still highly speculative. Nobody can say for certain whether it will still exist in a few decades, and the technology itself is still in its infancy. For that reason, crypto is a risky… Source link

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