Ethereum price seems to have held the selling pressure as it attempts to bounce off $1,280. If the ongoing bullish momentum holds, ETH might sweep the equal highs at $1,343 before retracing to the $1,270 level. A daily candlestick close below $1,220 will invalidate the bullish theiss for ETH. Ethereum price is bouncing off the immediate support level and shows signs of a quick rally. This outlook is a little risky for traders since a failure to maintain this Source link

Monero (XMR) gets a bearish rating from InvestorsObserver Thursday. The Digital Money asset is down 3.78% to $140.37 while the broader crypto market is down 0.64%. Monero has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bearish Over the last five days, Monero has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

“The bottom line here is that markets still do not have a solid handle on when the current rate cycle will end,” Nicholas Colas, co-founder of DataTrek Research, wrote in a Thursday note. “As long as that is the case, it is hard to see U.S./global equities staging a convincing rally.” Source link

Seasoned trader and creator of the Bollinger Bands technical indicator, John Bollinger, believes that a once-promising trade setup on Litecoin (LTC) is on the verge of fizzling out without a payoff. The trader tells his 226,300 Twitter followers that after Litecoin’s “prolonged squeeze” as depicted on the Bollinger Bands indicator, the 22nd-largest crypto asset by market cap risks fizzling out. “This is why I don’t love prolonged squeezes, nice setups often just fizzle… Source link

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Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin range “congested and critical” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD firmly rangebound at around $19,000 overnight, moving only around $400 up or down. United States equities opened with no significant volatility, this focused more on the United Kingdom, where the pound reacted to news that Liz… Source link

Bitcoin is the world’s first peer-to-peer (P2P) digital payment network, producing a restricted supply of BTC cryptocurrency. Its greatest innovation is the ability to transfer assets — digital tokens — from one party to another without the need of intermediaries such as banks or payment services.   Cornerstone As a result, Bitcoin has changed the understanding of money. Ever since Bitcoin was released in 2009, more than  10,000 cryptocurrencies have hit the market, including… Source link

At the time of writing in late October, Monero (XMR) is worth US$143.35 according to CoinMarketCap data. Monero’s market capitalisation (market cap) currently sits at US$2,651,700,339. Market cap is a cryptocurrency’s current price multiplied by its circulation supply. Monero has experienced a downward value trend in the past year. However, all cryptocurrencies across the board have experienced these lows lately. This is likely due to what is known as a ‘crypto winter’, which… Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 0.86% to $51.71. InvestorsObserver is giving Litecoin a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 27, placing it in the bottom 27% of… Source link

According to Santiment data, both the ETH exchange inflow and outflow have been declining. This is symptomatic of the sluggish behavior of on-chain and off-chain wallet holders. The Ethereum development team, on the other hand, has been moving quickly to begin the Shanghai upgrade, the next phase of the Ethereum merge. Here comes Shanghai The core Ethereum development team is starting to work on Shanghai, the next major upgrade to the Ethereum network. To that effect, a… Source link