Yearly Archives: 2021

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 30th, 2021

Ethereum Ethereum rose by 3.01% on Friday. Following a 9.25% breakout on Thursday, Ethereum ended the day at $4,421.23. A mixed start saw Ethereum fall to an early morning intraday low $4,266.91 before making a move. Steering clear of the first major support level at $4,026, Ethereum rallied to a late afternoon intraday high and a new ATH $4,461.96. Ethereum broke through the first major resistance level at $4,425 before easing back to end the day at $4,421 levels. At the time of writing,… Source link

Read More »

ethereum price: Ethereum jumps to record high amid crypto’s decentralized boom

By Eric Lam and Crystal Kim Ether, the second-largest cryptocurrency, soared to a record above $4,400 Friday on bullish sentiment surrounding the most used blockchain network. The digital asset gained as much as 4.8% to $4,459.20, topping the previous record of $4,379.62 in May. The token traded around $4,387 as of 2:41 p.m. in New York. Other tokens including Binance Coin and Solana rallied. Ether is now worth more than $520 billion, according to data from CoinGecko.com. Ether’s latest… Source link

Read More »

Ethereum cryptocurrency soars to an all-time high | Crypto News

Ethereum cryptocurrency soars to an all-time high | Crypto News

Ether underpins the affiliated Ethereum Network, the dominant blockchain used for thousands of decentralized applications. By Eric Lam and Crystal KimBloomberg Published On 29 Oct 2021 Ether, the second-largest cryptocurrency, soared to a record above $4,400 Friday on bullish sentiment surrounding the most used blockchain network. The digital asset gained as much as 4.8% to $4,459.20, topping the previous record of $4,379.62 in May. The token traded around $4,387 as of 2:41 p.m. in New York…. Source link

Read More »

The Transformation That Could See It Overtake Bitcoin

The world’s second most valuable cryptocurrency, ether, has been touching all-time highs in price ahead of a major upgrade of its underlying platform, ethereum. Ether is currently worth in aggregate just shy of $500 billion. That’s still slightly less than half that of the biggest cryptocurrency, bitcoin. But could this upgrade, a vital step towards a much greener and faster version of the current system, put ethereum on the path to becoming the dominant platform on the internet and make… Source link

Read More »

Why Ethereum and Axie Infinity Popped While Dogecoin Dropped Today

Why Ethereum and Axie Infinity Popped While Dogecoin Dropped Today

What happened  The value of most cryptocurrencies jumped again on Friday to end an outstanding week for the value of crypto.  Ethereum (CRYPTO:ETH) was the largest cryptocurrency to make a big move, climbing 5.9% over the last 24 hours to $4,440. Dogecoin (CRYPTO:DOGE) actually dropped 7.6% as it has fallen out of favor with meme crypto investors. Axie Infinity (CRYPTO:AXS) jumped a whopping 19.2% in a big metaverse bet by traders.  Image source:… Source link

Read More »

Ethereum’s new all-time high prepares ETH for ‘continuation to $5,000’

Ethereum’s new all-time high prepares ETH for ‘continuation to ,000’

The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460.  ETH/USDT 4-hour chart. Source: TradingView Here’s what anlaysts are saying about the market now that Bitcoin is finding support above the $60,000 level and Ether looks to enter price discovery. Bulls think BTC could hit $90,000 The bullish moves seen in BTC and Ether caused a moment of… Source link

Read More »

Recent uptick in RSI suggests a bullish breakout on the horizon

Litecoin price respects a pennant formation with lower highs and higher lows. LTC price has seen RSI dipping towards 50, but bulls are picking up the volume with a recent uptick. A bullish breakout looks to be in the making, with a test at $236.96. Litcoin (LTC) price has been putting in lower highs and higher lows since October 18 and is still respecting the trend lines that form the outline of a pennant pattern. During this time, the Relative Strength Index (RSI)… Source link

Read More »

Missed Out on Bitcoin and Ethereum? Here’s What to Buy Now

If you’ve got a bad case of fear of missing out (FOMO) when it comes to Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH), you’re not alone. True to form, the cryptocurrency market has been volatile all year, offering investors plenty of chances to buy the dip. But taking advantage of a steep sell-off is easier said than done when prices are crashing all around you with no end in sight. Now that we’re on an uptrend, folks are kicking themselves for not… Source link

Read More »

With consumer finance floating its boat, will Litecoin see $200 soon

Litecoin, one of the first coins in the crypto-space, has had a rather mellow run of late. In fact, at the time of writing, the coin was still 54% down from its all-time high of $410. Nonetheless, recent developments in the ecosystem, as well as heightened adoption that LTC witnessed lately have acted as catalysts of growth. However, with LTC’s price still oscillating close to the $187 mark, the immobility in prices is almost worrying for LTC holders and traders.  Adoption on the… Source link

Read More »