During the Asian session, the Bitcoin price is trading bearish at $20,244 after getting rejected at the $21,000 resistance zone. Likewise, Ethereum has completed a 61.8% Fibonacci retracement at $1,550 and is now heading lower, losing more than 3% in the last 24 hours to trade at $1,504. Major cryptocurrencies were trading in the red early on October 28 as the global crypto market value lost momentum, plunging from $1 trillion… Source link
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Bitcoin, Ethereum, Chainlink, and Monero Daily Price Analyses – 27 October Roundup
The global crypto market has witnessed a trend of decline over recent hours. The performance of Bitcoin and Ethereum shows that they couldn’t attract gains. As the negative trend continues, the market has depreciated considerably. Though there were hopes regarding the speedy surge in the market following the recent bullish trend, these have been dumped. The market is struggling to retain its gains as the sell-offs saw a surge over the recent hours. There is a likely chance of revival but… Source link
Read More »Ethereum: Number of new smart contracts surge to highest 2022 level, but…
The rate of smart contract and dApp development on Ethereum dropped in the last few months. This is unsurprising because of the bearish market condition that prevailed during the same period. Here’s AMBCrypto’s price prediction for Ethereum (ETH) Developers are aware that their dApps are less likely to get traction during a bear market. Given these observations, the latest spike in Ethereum smart contracts indicates that developers are becoming more optimistic. To put it… Source link
Read More »ETH to provide accumulation opportunity before revisiting $2,000
Ethereum price could experience a swift selloff on the breakdown of the 100-day EMA at $1,494. Sidelined buyers can accumulate ETH around $1,400 before the next leg propels the altcoin to $2,000. A daily candlestick close below the $1,343 support level will invalidate the bullish thesis for the smart contract token. Ethereum price action depicts exhausted bulls after an explosive move over the last five days. This upswing is currently facing a significant hurdle… Source link
Read More »Retail traders still in disbelief
The Bitcoin price rose by 10% and now exceeds the previous range. Ethereum price rallies 20% this week and could gain an additional 20%. Ripple price has the potential to rally higher. The crypto market’s rally may have shaken up retail traders. Currently, the technicals hint at more uptrend movement in the days to come. Bitcoin price pumps Bitcoin price currently trades at $20,596 as the bulls have produced an impressive 10% rally during the final week of… Source link
Read More »Litecoin [LTC] outperformed Bitcoin [BTC] in this factor
Amidst the current bearish market condition, Litecoin which is often referred to as the silver to Bitcoin’s gold didn’t fail to bring joy to its investors. The altcoin registered massive gains over the last seven days. Here’s AMBCrypto’s Price Prediction for Litecoin for 2023-24 More good news came in for LTC when the coin was listed among the top cryptos in terms of Galaxy Score, which is a promising bullish signal. Current top 10 coins by LunarCrush Galaxy… Source link
Read More »Litecoin [LTC] outperformed Bitcoin [BTC] in this factor
Amidst the current bearish market condition, Litecoin which is often referred to as the silver to Bitcoin’s gold didn’t fail to bring joy to its investors. The altcoin registered massive gains over the last seven days. Here’s AMBCrypto’s Price Prediction for Litecoin for 2023-24 More good news came in for LTC when the coin was listed among the top cryptos in terms of Galaxy Score, which is a promising bullish signal. Current top 10 coins by LunarCrush Galaxy… Source link
Read More »Crypto Update | Bitcoin and Stocks Took a Gut Punch; the Builders Hardly Noticed – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link
Read More »Bitcoin is cooling its rally — Here are the BTC price levels to watch next
Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin impresses with stability on GDP print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior. The largest cryptocurrency trod water in line with United States equities at the Wall Street open, with the S&P 500 flat and the Nasdaq… Source link
Read More »Litecoin (LTC) Receives a Bullish Rating Thursday: Is it Time to Jump Ship? – InvestorsObserver
Litecoin (LTC) gets a bullish rating from InvestorsObserver Thursday. The Digital Money asset is down 1.18% to $56.04 while the broader crypto market is up 0.75%. 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
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