Monthly Archives: March 2022

Why Bitcoin, Ethereum, and Crypto Stocks Are Soaring Today

What happened Many cryptocurrencies and crypto-related stocks posted sharp price gains on Tuesday. Bitcoin ( BTC 2.81% ) and Ethereum ( ETH 1.95% ) saw 24-hour gains of 3.9% and 3.2%, respectively, at 2 p.m. ET today. Leading cryptocurrency trading service Coinbase Global ( COIN 5.24% ) held a 7.2% price increase at the same point in time, while the crypto-focused bank Silvergate Capital ( SI 8.02% ) was up 5.6%. It’s no surprise to see the biggest names in… Source link

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Cryptocurrency Litecoin’s Price Increased More Than 6% Within 24 hours

Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price rose 6.19% to $123.0. This continues its positive trend over the past week where it has experienced a 13.0% gain, moving from $106.83 to its current price. As it stands right now, the coin’s all-time high is $410.26. 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… Source link

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$140 Remains A Viable Target

Tuesday’s bullish performance by the Bitcoin analogues is spurring the potential for bullish Litecoin price predictions, as the LTC/USDT pair makes a bold attempt to re-establish new 1-month highs. In a previous analysis of this pair, the descending trendline was identified as a key resistance that needed to allow this to happen, a consequence of the pair’s emergence from the rectangle’s upper border. This scenario is playing out as Bitcoin’s price advance has pulled Litecoin and… Source link

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ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool

Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity worth 36,401 ETH to Lido’s “Curve stETH pool” using a third-party Ether wallet, data from Etherscan shows. As a result, it became eligible to receive at least 36,401 stacked Ether (stETH) tokens from Lido: to ensure low slippage when un-staking those… Source link

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Bitcoin Prices Edges Up After Surge in Addresses

Bitcoin (BTC/USD) Analysis Key Highlights Bitcoin started the new week with positive momentum after the Fed Chairman’s comments. It has struggled to close above the symmetric triangle ($43,300). Over 480,000 new Bitcoin addresses were created on March 17 – a strong surge which could see further upside. Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-sen ($39,986), Kijun-sen ($39,828), and above Ichimoku Kumo cloud ($40,238). It hits a high of… Source link

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Litecoin’s bulls must look out for these divergences in price action

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After its latest bullish rally, Litecoin (LTC) finally saw a close above its long-term liquidity range (Point of Control/POC) while rising within an ascending channel (white). With the 4-hour 50 EMA (cyan) jumping above the 200 EMA (green), the bulls have steered the trend in their favor over the last few days. Now, as the price keeps testing the upper band… Source link

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Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K

Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI hints at underlying strength Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $43,337 on Bitstamp Tuesday, the pair’s highest since March 3. The action contrasted with the lack of volatility since the weekend, and neatly fitted with the more bullish predictions surrounding near-term trajectory. For popular… Source link

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Can Revolutionary Cryptos FIREPIN TOKEN (FRPN), Monero (XMR) and Polkadot (DOT) Make You A Millionaire?

Japan, Japan, Tue, 22 Mar 2022 07:40:55 / Comserve Inc. / — As the crypto world is now full of so many new and existing coins in the ever-growing Metaverse, it is a good idea to do your research to find the best long-term investments that are out there, that have the real potential to make you a Millionaire As the crypto world is now full of so many new and existing coins in the ever-growing Metaverse, it is a good idea to do your research to find the best long-term investments that are out… Source link

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Here is why Bitcoin is pumping and Ethereum price hit $3,000

Bitcoin price rallied 4%, suggesting a continuation of the uptrend.  Ethereum retested the $3,000 level while altcoins are rising violently.  On-chain data shows that this uptick in BTC is due to multiple inflows in stablecoins. Bitcoin price saw a sudden uptick in buying pressure causing Ethereum and altcoins to surge. This move can be explained from a technical and on-chain perspective, complementing each other. Bitcoin and its role in the LUNA bet The Source link

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