Litecoin price dips below the monthly S1 support level. LTC sees bulls accumulating within a historical zone. Expect RSI to indicate further support, making demand persistent in 2022. Litecoin (LTC) price is currently on the backfoot as thin volume sparks a slight correction, pushing price action below the monthly S1 support level at $160. With that move, however, LTC has entered a pre-defined zone providing an excellent buying opportunity between $155 and $138…. Source link
Read More »Monthly Archives: December 2021
Novogratz disses Litecoin on CNBC, does he have a point?
The billionaire founder of Galaxy Digital, Mike Novogratz, disrespects Litecoin on CNBC. Speaking with host Joe Kernen, the pair discussed the Fed’s moves concerning the macro landscape going into 2022. On that note, Novogratz spoke of an “amazing [crypto] adoption cycle,” which he thinks will maintain the current price form. “You’re seeing this adoption cycle in such an accelerated way. There’s been $30 billion of venture money coming in.” His overall conclusion, as it relates to… Source link
Read More »Is It a Good Time to Buy XMR?
Monero (XMR) has been straggling at its low in the second half of the year with the current price of $232.53. In the first half of the year, XMR gave incredible returns. During the entire year, the coin has been above its support line, and in the past few days though the price got tested at the support line but couldn’t break it and declined further. The coin got tested at the up-trend line for a few days, and the bears successfully pushed down the price. This month, XMR sloped… Source link
Read More »Mexican billionaire says 'buy Bitcoin' in new year message – Cointelegraph
Mexico’s third-richest person sent out a heart-warming new year message to Bitcoin (BTC) enthusiasts on Christmas eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying bitcoin in a two-minute festive video. He gives three pieces of advice to his 957,200 followers on Twitter as part of his Christmas and New Year message before asking his followers to retweet and share: “Steer clear of fiat money. Whether it’s the Dollar, the Euro, or the Yen –it’s all the… Source link
Read More »5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week near $51,000 as the end of 2021 draws near and traders down tools for the holidays. After a $50,000 Christmas, Bitcoin continues to take stock of a year in which it has gone from $29,000 to $69,000 and halfway back again. Expectations were certainly not for such eerie calm to round out December — a blow-off top, the majority argued, should have already taken the market to $100,000 and beyond. Instead, after dipping to $41,800, a slow grind through familiar… Source link
Read More »Bitcoin Past $51,000; Turkey Readies Regulation
Investors in bitcoin are seeing a two-week high, with the popular coin hitting $51,144.62 on Dec. 26, a report says. This comes after a difficult few weeks where the coin saw a 33% drop. That came after bitcoin hit an all-time record on Nov. 10, surging to $69,000. The coin has seen some strife since then, dropping to around $45,000 to $48,000, a cutting-out of around $23,000 of its value. The end of this year has seen the coin rallying, though – it’s up 4% in the last two days and 8% in… Source link
Read More »Monero (XMR) sees increased bull activity this week
Monero (XMR) has seen increased bull activity this week as investors look to add it into their portfolio. Known for its secure and private transactions, the coin has also seen major gains in the last 7 days, surging nearly 15%. We have also seen a surge in trading volume, suggesting more action by buyers. So, is Monero (XMR) a good bet for 2022? Here are some highlights first: Monero (XMR) has surged 15% this week, buoyed by increased bullish activity. At the time of writing, the coin… Source link
Read More »Monero Classic (XMC) Rises 50.69%, Outperforms the Crypto Market Sunday
Monero Classic (XMC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has added 50.69% to $0.2061093787. InvestorsObserver is giving Monero Classic a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero Classic! Moderately Volatile InvestorsObserver gives Monero Classic a moderate volatility rank of 25, placing it in the… Source link
Read More »Bearish-Rated Litecoin (LTC) Falls Sunday to $155.25
Litecoin (LTC) gets a bearish rating from InvestorsObserver Sunday. The crypto is down 5.01% to $155.25 while the broader crypto market is down 0.28%. Litecoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bearish Over the last five days, Litecoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link
Read More »ETH Facing Again the Critical Support, Huge Move Might Be Developing
ETH has been successful in keeping its price above $4,000. However, the upwards momentum is weak. Key Support levels: $4,000 Key Resistance levels: $4,435, $4,868 (ATH) ETH’s price is sitting just above the $4,000 support level with little volume or volatility. This is normal considering the weekend and the new year’s holidays. The resistance is some distance away at $4,435, and as it seems now – it likely will not be tested any time soon. Momentum might return in the… Source link
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