Litecoin price prints a bullish outlook with a double-bottom pattern on the four-hour chart. Active addresses grew by 64.43% in October, hinting at a potential volatility spike. LTC must regain ground marginally above $53.00 to validate the predicted 14.00% move to $60.61. Litecoin price is in the green, as is the case with most cryptocurrencies on Monday. The bullish turnaround to $51.92 comes several days after LTC validated a symmetrical triangle breakout to… Source link
Read More »Monthly Archives: October 2022
Litecoin sees strong selling pressure but defends $50, what next for LTC
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The higher timeframe structure remains bearish for Litecoin Reaction at the $52 zone could reveal the path forward Litecoin [LTC] has faced resistance at the $55 mark since mid-September when the price crashed from $58 to $50. In October, LTC faced rejection at this resistance yet again. The downtrend of the past two weeks was pronounced on… Source link
Read More »Ethereum (ETH) Price Up, But Why Bulls Still Can’t Rejoice
Ethereum (ETH) price is noting a minor uptick on the daily chart, but technical data paints a shaky picture of the coin’s short-term trajectory. Ethereum price, much like the larger cryptocurrency market, was stuck in a rut, apart from the occasional gains from some altcoins. Bitcoin and Ethereum, the top two coins, have more or less maintained a range-bound momentum failing to cross over their immediate resistance marks. Despite the larger market’s sluggish momentum, Ethereum saw… Source link
Read More »Ethereum Looks for a Bottom at the $1,300 Level, ENS, HT, APE, Oct. 17
ETH makes a Monday move with stocks. ENS rises 10% for the week. Huobi Token tops the market after sale. APE risks SEC scrutiny. ETH The Ethereum price was higher by 0.25% over the last week after a rally on Monday. Stock markets are showing signs of life at the start of the week and that will support cryptocurrencies. ETH Price Index Last week saw inflation dip on the month but it was still at decades highs…. Source link
Read More »Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks
Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks climb as U.S. dollar heads lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $19,672 on Bitstamp, up 3.5% versus the weekend’s lows. The pair rose in line with stocks, with the S&P 500 and Nasdaq Composite Index gaining 2.7% and 3.2%, respectively within thirty minutes’ trading. The action… Source link
Read More »BTC Back Above $19,000 to Start the Week – Market Updates Bitcoin News
Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following recent sell-offs. Following a low of $19,118.19 on Sunday, BTC/USD raced to an intraday high of $19,491.33… Source link
Read More »Ethereum In Tight Range – Will Pressure Push ETH Below $1,250?
Ethereum, the undisputed ruler of the altcoin market, is now stuck in a bear market as the token struggles to break the $1,300 resistance level. However, the current market price is $1,302.87, only 0.22 percent more than the key psychological buy point. Despite how good this sounds, the way the market is moving right now, the bear market is likely to continue this month, which is not good news for ETH. The possibilities of a bear market recovery for ETH are slim… Source link
Read More »Will ADA overtake Ethereum? Cardano is on the rise to replace ETH in the long-run
Famous crypto YouTuber claims that Cardano will surpass Ethereum in market cap and users in the next ten years. Cardano is among the top blockchains whose development activities have been rising recently. Founder of BitBoy crypto and controversial crypto YouTuber, Ben Armstrong, has made a sensational claim. Armstrong said he believes that Cardano will eventually surpass Ethereum (the second-largest… Source link
Read More »Litecoin’s celebrations may cut short thanks to this event gate-crasher – AMBCrypto News
Litecoin [LTC] had some good news to share with the crypto community as it mentioned that LTC had zero downtime in over 11 years of its existence. This represented the reliability of the blockchain. Moreover, Litecoin also marked its 11th birthday, which in itself was a commendable achievement. #Litecoin has zero downtime in over 11 years of existence. The longest uninterrupted uptime in #crypto. pic.twitter.com/mLXLpMhk1p — Litecoin (@litecoin) October 15, 2022 However, these positive… Source link
Read More »Ethereum Rival Could Generate 900% Growth for Long-Term Bulls as One Altcoin Gears Up for Fresh Rally: Analyst
A crypto strategist who continues to build a following with timely altcoin calls says one Ethereum (ETH) challenger could generate massive growth for long-term holders. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that he believes smart contract platform Solana (SOL) looks primed for a fresh leg down. However, the popular crypto analyst also says that the potential move down could present a prime opportunity for SOL bulls. “I think range lows are… Source link
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