Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC “giving people a second chance” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $42,700 Sunday with a matter of hours to go until the conclusion of the weekly candle. The pair had fallen into the end of Wall Street trading Friday, while the weekend provided some nervous calm as… Source link

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has fallen 2.82% to $229.37. InvestorsObserver is giving Monero a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the… Source link

The majority of cryptocurrencies were trading in the green zone early Sunday. Bitcoin price increased 0.62% in the previous 24 hours to $42,679.03, while Ethereum’s price inched up 1.26% to $3,254.76. According to Coindesk data, Ether, the second most traded cryptocurrency, was trading at $3,254, up 1.21%. During the previous day’s session, Bitcoin was trading at its long-term support level, while the crypto markets continued to drop. BTC/USD spent the most of Saturday trading near its… Source link

Ethereum is about to end this week in the red. The bears were able to push the price down since nailing this week’s high at $3547. Currently, the daily MA-20 line acts as a solid support level, and the bulls struggle to hold it.  The Daily Chart Technical analysis by Grizzly On the daily timeframe, ETH dropped towards the daily MA20 (moving average) line after the bulls failed at the significant daily MA200. Now the big question is whether the uptrend is over? To answer… Source link

Privacy-focused cryptocurrency Monero (XMR) rallied by nearly 9.5% in the past week compared with the crypto market’s decline of 8.5% in the same period. What’s more, the XMR/USD pair has broken above a strong, multi-month resistance trendline, hinting at more upside ahead. XMR price action  XMR’s price was down by a modest 0.87% on April 10 from its two-month-high of $245 established a day before. However, the cryptocurrency still outperformed its top rivals, including Bitcoin (BTC) and… Source link

After falling to its January 2021 all-time high of around $42,000, bitcoin has maintained that level following a relatively still trading day. The altcoins are also untypically calm today, with Monero being among the few exceptions and XMR tapping a three-month high. Bitcoin Remains Above $42K It’s safe to say that the primary cryptocurrency has seen better days as it attempted to jump above $47,000 earlier this week. However, it failed on both occasions when the bears… Source link

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that trillions of dollars will flow into cryptocurrencies, particularly bitcoin. In addition, he said bitcoin mining will “save the world.” O’Leary Says ‘Spigots of Capital’ Will Flood Into Crypto Like You’ve Never Seen Shark Tank star Kevin O’Leary gave a keynote speech at the Bitcoin 2022 conference Thursday. He said that based on his experience in the indexing business, “massive pools of capital,… Source link

News Home Saturday, April 09, 2022 10:27 AM | InvestorsObserver Analysts InvestorsObserver gives Litecoin an average long-term technical score of 60 from its… Source link

Ethereum Price To Hit The Support Or Resistance – Here’s What You Need To Know by Analytics Insight April 9, 2022 Ethereum has been bullish and is projected to break its resistance this month. The Ethereum price performance has been impressive over the last few weeks. Even during this writing, it was among the two cryptocurrencies that had made gains over the past 24 days while all the other coins were in the red. How will the Ethereum price perform in the coming days? Ethereum is… Source link

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher Since the First Week of January The Ethereum blockchain is expected to transition into a full proof-of-stake (PoS) network this… Source link