Bitcoin (BTC) was on repeat on Dec. 2 as markets watched another attack on $60,000 end in defeat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Nothing has changed” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back at $57,000 Thursday, having come full circle in 24 hours. The pair had briefly hit $59,000 into the Wall Street open the day prior, this failing to hold as another round of macro triggers skewed sentiment to the downside once more. Bitcoin thus… Source link
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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 2nd, 2021
Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP Ethereum Ethereum fell by 1.07% on Wednesday. Partially reversing a 4.16% rally from Tuesday, Ethereum ended the day at $4,587. A bullish morning saw Ethereum rise to a late morning intraday high $4,785 before hitting reverse. Falling short of the first major resistance level at $4,812, Ethereum slid to a late intraday low $4,527. Steering clear of the first major support level at $4,404, however, Ethereum found support… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 2nd, 2021
Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP Ethereum Ethereum fell by 1.07% on Wednesday. Partially reversing a 4.16% rally from Tuesday, Ethereum ended the day at $4,587. A bullish morning saw Ethereum rise to a late morning intraday high $4,785 before hitting reverse. Falling short of the first major resistance level at $4,812, Ethereum slid to a late intraday low $4,527. Steering clear of the first major support level at $4,404, however, Ethereum found support… Source link
Read More »Can Bitcoin Reach $100,000 in 2022?
Bitcoin ( BTC -0.30% ) has nearly doubled in value so far in 2021 with just a month to go until the new year. It’s been a wild ride getting there, though. After a big surge last winter, the original cryptocurrency was halved in price over the summer, only to reclaim all-time highs again in the autumn. But with the new omicron coronavirus variant sending investment markets into turmoil again, the arbitrary but long-awaited $100,000 Bitcoin milestone (74% higher than the going price… Source link
Read More »Ethereum nears fresh all-time high as bitcoin lags
Ether, the native currency on the Ethereum blockchain, approached a fresh all-time high on Wednesday as bitcoin — the largest cryptocurrency in the world — lagged almost 20 percent below its record price. The price of ether rose almost 2 percent Wednesday morning from the day prior and was last seen trading at $4,692 per coin, just 3.5 percent below the crypto’s all-time high of $4,858.82 reached last month, according to data from Coinbase. At the same… Source link
Read More »Bitcoin surges into US open as forecast points to attack on $60K
Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $56,000 may have been resistance flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling out the majority of overnight losses. The pair had hit $59,000 the day before in a similarly-timed move before giving up progress to dive to local lows of $56,700… Source link
Read More »Could Ethereum Help You Retire Early?
Cryptocurrency investments have gotten a lot of attention lately, due in part to the huge returns that some, like Ethereum (CRYPTO:ETH) have generated. What is Ethereum? It is a blockchain technology platform that allows software developers and programmers to create applications that can be transacted using a token called Ether. Among the items that are traded using Ether are NFTs, or non-fungible tokens, as well as decentralized finance… Source link
Read More »Here’s Why Ethereum Is the Next Bitcoin
Cryptocurrency has had a rollercoaster of a year, experiencing record-breaking highs and devastating lows over the past 12 months. Bitcoin ( BTC 0.53% ) is the most popular and the most well-known cryptocurrency, with a market cap of more than $1.1 trillion — making up nearly half of the $2.6 trillion crypto market as a whole. While Bitcoin has its fair share of advantages, there’s another cryptocurrency that could potentially overtake it in the future: Ethereum ( ETH 1.40% )…. Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 1st, 2021
Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP Ethereum Ethereum rallied by 4.16% on Tuesday. Following a 3.51% gain on Monday, Ethereum ended the day at $4,635. A mixed morning saw Ethereum fall to a late morning intraday low $4,351 before making a move. Steering clear of the first major support level at $4,332, Ethereum rallied to an early afternoon intraday high $4,759. Ethereum broke through the first major resistance level at $4,516 and the second major… Source link
Read More »First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises – Coindesk
Recently, the $60,000 resistance level has been a key hurdle for buyers despite oversold readings on the charts. So far, support levels remain intact, which could establish a tight trading range between $55,000-$60,000 into the Asian trading day. BTC was trading around $57,800 at press time. Source link
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