Litecoin’s (CRYPTO: LTC) price has decreased 3.71% over the past 24 hours to $126.85, continuing its downward trend over the past week of -8.0%, moving from $138.49 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the… Source link

Outside of major cryptocurrencies, metaverse tokens continued to surge on Wednesday. In the past 24 hours Decentraland’s MANA was up 10.5%, The Sandbox’s SAND up 6%, and Axie Infinity’s AXS up 11%. The tokens are used for blockchain-based games in separate virtual worlds broadly referred to as a “metaverse.” Source link

A recent price recovery in the Bitcoin (BTC) market risks getting erased due to an eerie fractal from 2018. Bitcoin price cycle similarities First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in December 2018. As a result, anticipations that BTC’s price will undergo similar declines in 2022 might grow.  That is primarily because of the strikingly… Source link

The price of Litecoin (LTC) stays in between the moving averages. The last time Litecoin experienced a similar upward trend, it peaked at $144 when the altcoin dipped below the 50-day moving average. Additionally, the virtual currency is trading above the 21-day line but under the 50-day line. By implication, the LTC price will remain in between the moving averages. Litecoin Price Looks to Have a Bullish Run in the Long-Term Once the moving average lines are broken… Source link

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Bitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView OBV sparks 2021 recovery comparisons Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding after an overnight dip to $43,725 on Bitstamp. In a tightening range, the pair looked increasingly primed for a breakout up or down Wednesday, as support and resistance levels stayed within a… Source link

New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share. Blockchain intelligence firm IntoTheBlock shared its findings about Ethereum in a Feb. 15 tweet. #Ethereum users growth in a nutshell A good way to track the adoption is by following the number of addresses with a balance – There… Source link

Yet, Seth Ginns, managing partner and head of liquid investments at crypto investment firm CoinFund, struck an optimistic note for crypto during a discussion on CoinDesk TV’s “First Mover” show. Ginns noted that the Fed had proceeded cautiously after a stronger-than-expected jobs report earlier this month and that crypto markets on Tuesday “shrugged off” the high PPI number. “Things are not slowing as much as expected, which meant there’s no reason to think that the Fed is going to be data… Source link

As Bitcoin poked the $44,000-mark over the past day, Avalanche moved above its 20-50-200 SMA while eyeing at the $91-level. Also, Dogecoin bulls stepped in to defend the $0.143-mark as the buyers kept exerting pressure. Additionally, Litecoin also reclaimed the $128-support. The near-term technicals of these cryptos depicted increasing buying pressure. However, the Crypto fear and greed index failed to show any improvements in the last 24 hours. Avalanche (AVAX) Source: TradingView,… Source link

Bitcoin price action begins a move that will confirm a new bull market. Ethereum price rises above key Volume Profile and Ichimoku resistance. XRP price achieves bullish Ichimoku breakout conditions. Bitcoin price sees bulls swallow up the entire trading range of the past eight days. Ethereum price hits $3,000 and extends the intraday bull rally above $3,100. XRP price prepares for launch to hit $1.00. Bitcoin price readies for spike towards $50,000 Bitcoin price… Source link