Litecoin’s (LTC) previous rally saw notable gains that halted near the 61.8% Fibonacci resistance. Since then, LTC has witnessed a strong reversal for over four months now. From here on, If the current candlestick closes below or near to the previous green candlestick, it would confirm an evening star pattern (bearish). Thus, a close below the current zone could propel a test of the $106-floor before a possible revival. At press time, LTC traded at $121.425. LTC Daily Chart Source:… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Morale across the cryptocurrency ecosystem is rising on March 24 as several days of positive moves have helped lift Bitcoin (BTC) back above $44,000 and Ether bulls took control at $3,100.  The climbing price of BTC comes amid a backdrop of surging inflation and rising interest rates, which could see up to seven hikes over the course of 2022, according to Minneapolis Federal Reserve President Neel Kashkari. BTC/USDT 1-day chart. Source: TradingView Data from Cointelegraph Markets Pro and Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Text size Bitcoin and other cryptos were rallying along with stocks on Thursday. Dreamstime … Source link

As excitement builds around the future of cryptocurrency, the metaverse and innovations like NFTs, investors can’t get enough of a technology behind much of the changes: Ethereum. Ethereum’s popularity in the cryptocurrency space has exploded since its inception in 2015, and it’s now just second to bitcoin in terms of market value as enthusiasts tout how it could change everything from banking to mortgages. Ether, the native… Source link

Text size Bitcoin and other cryptos were rallying along with stocks on Thursday. Dreamstime … Source link

After approaching a $3 trillion value in early November, the cryptocurrency market has fallen roughly 33% and is now worth just shy of $2 trillion. Ethereum‘s ( ETH 2.37% ) chart follows a similar trajectory. But with the general market weakness, now might be a good time for investors to hop on board.  Based on its recent price of about $3,000, a $5,000 target for ETH implies about 67% upside. In the world of cryptocurrencies, this type of move can happen in a relatively… Source link

Bitcoin (BTC/USD) Analysis Key Highlights BTC gained above $43,000 due to a positive mood from equities. The pair has created higher highs and lower lows. It confirms a bullish trend and it should break above $46,000 for bullish confirmation. Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-sen ($40,739), Kijun-sen ($41,174), and Ichimoku Kumo cloud ($39,400). It hits an intraday high of $43,492 and is currently trading around $43,100. Major support… Source link