The world’s most valuable cryptocurrency, Bitcoin ( BTC 1.06% ), has followed the weakening trend of the overall market for digital assets in recent months. Since hitting an all-time high of nearly $69,000 on Nov. 10, it has fallen roughly 36% (as of March 25). Bitcoin’s price per coin is now just over $44,000, as investors are increasingly moving away from riskier assets.  With the recent pessimism around it, now might be a great time to buy Bitcoin.  Image source: Getty… Source link

After Bitcoin flipped its 4-hour 20 EMA from resistance to immediate support, Dogecoin revealed a bullish edge on its near-term technicals. The alt along with Monero also saw a rising wedge (reversal pattern) on its 4-hour chart.  Further, Ethereum classic also affirmed a bullish edge while moving near its liquidity range.  Dogecoin (DOGE) Source: TradingView, DOGE/USD After losing the $0.16-mark to test its long-term $0.11 floor, DOGE recovered between two converging lines (white) on its… Source link

Cryptocurrencies have attracted the attention of investors. Some digital coins can yield enormous gains to early investors. However, investing is not the only way to make money with cryptocurrencies. There are different ways to generate extra income with these digital assets. For example, mining a cryptocurrency can be profitable if you do it properly. You can mine cryptocurrencies that utilize the proof-of-work (PoW) consensus mechanism. But what is mining in the… Source link

Cryptocurrency investors were in high spirits on March 28 as the week-long melt-up across the market extended another day, with Bitcoin (BTC) rallying to $48,000 and Ether (ETH) trading above $3,400. Data from Cointelegraph Markets Pro and TradingView shows that after a brief pause near support at $47,000 in early trading on Monday, an afternoon wave of buying helped lift BTC above $48,000 and bulls are identifying $52,000 as the next stop. BTC/USDT 1-day chart. Source: TradingView Here’s a… Source link

What happened  Cryptocurrencies started the week on a good note with values jumping across the board in Monday’s trading. That upward trend started late on Sunday, but it has persisted and gained steam.  As of 2 p.m. ET, Bitcoin ( BTC 2.28% ) was trading 6.1% higher over the prior 24 hours, Ethereum ( ETH 3.38% ) was up 6.5%, and Solana ( SOL 3.97% ) was up 9.5%. This continues a great week for cryptocurrencies broadly.  Image source: Getty Images. So what  The biggest… Source link

In this article, we will look at the decline in LTCUSD from $132 to $90 which took almost a week to unfold. We will look at some Elliott wave charts presented to members and show how our members were prepared for this decline in Litecoin. We called a zigzag Elliott wave correction completed in Litecoin (LTCUSD) at $143.93 and called for the decline to resume. Let’s take a look at the chart from February 16, 2022 to begin with. LTC/USD 1 hour Elliott Wave analysis –… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Monday. The Digital Money asset is up 5.47% to $131.49 while the broader crypto market is up 5.81%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

SEOUL, South Korea, March 28, 2022 /PRNewswire/ — On March 28th, 2022, Brinc.fi launched the largest airdrop campaign done over an Ethereum layer 2 network. This airdrop campaign is set to drop up to 1,200,000 gBRC tokens over time for users. Brinc.fi: The Largest Airdrop Coming to Ethereum Layer 2 Brinc.fi has developed a disruptive stablecoin, $BRC, that increases in price. $BRC is deployed on Arbitrum – a layer 2 scaling solution for Ethereum that provides fast transactions and, most… Source link

Key Takeaways Bitcoin is attempting to reclaim the 50-week moving average as a support level. Ethereum has broken out of a consolidation pattern.  Further buying pressure for the top two crypto assets could push Bitcoin to $49,000 and Ethereum to $3,850.  Share this article Bitcoin and Ethereum are trending upwards as on-chain data shows rising interest in the spot and futures markets. Bitcoin Has One Obstacle to Overcome Bitcoin and Ethereum are breaking out. The number one crypto… Source link

Image source: Getty Images Ethereum’s run as the decentralized cryptocurrency of choice appears to be ending. Key points High gas fees are forcing Ethereum users to find new ways to transact. Avalanche and Chainlink bring alternative approaches to the table. … Source link