Litecoin (LTC) gets a bearish rating from InvestorsObserver Tuesday. The Digital Money asset is down 2.99% to $78.18 while the broader crypto market is down 0.34%. Litecoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bearish Over the last five days, Litecoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in December. In Capriole Investments’ latest report, they provide analysis on Bitcoin finding the bottom. When taking into realized value, miner capitulation, mining electrical costs, downdraw and record hodler numbers, a BTC floor of $16,600 – $16,950 seems formed.  Here are five reasons why Edwards believes Bitcoin price is coming closer to a cycle… Source link

Monero (XMR) gets a neutral rating from InvestorsObserver Tuesday. The Digital Money asset is down 1.26% to $142.78 while the broader crypto market is down 0.75%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance… Source link

As we near the end of the year and the Christmas holiday, it’s a good time to reflect on Ethereum’s (ETH) historical performance around the festive season and project how it might fare in 2022.  According to historical data obtained by Finbold, Ethereum had recorded consistent year-on-year (YoY) growth throughout the previous three Christmases, with Christmas Day of December 25, 2021, standing at $4,093. Considering various technical analysis (TA) indicators, Ethereum’s Christmas… Source link

Ethereum’s native token, Ether (ETH), eyes a strong bullish reversal after losing 25% from its November high of $1,675, according to a bottom fractal spotted by independent market analyst Wolf. Can Ethereum price co its March 2020 fractal?   Wolf compares Ethereum’s multi-month downtrend between May 2018 and March 2020 with a similar but relatively shorter correction after July 2022. If the move repeats, that means the price of Ether has bottomed in November 2022, according to the analyst,… Source link

Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly bullish on BTC. ARK: FTX scandal may be “most damaging event” ever With BTC price volatility ebbing into December, the industry is still reeling from ongoing FTX contagion. As lawmakers only begin to get to grips with the events, when it comes to Bitcoin, ARK is… Source link

The three co-founders of Gridless at one of their mining sites in Kenya. Erik Hersman ACCRA, GHANA — Up until February, Janet Maingi didn’t think much about bitcoin. Born and raised in the Kenyan capital of Nairobi, Maingi had instead spent more than twenty years focused on trying to solve one of Africa’s biggest problems: connectivity. To that end, she spent more than 20 years working in operations in the telecom industry, in companies specializing in internet and wireless networks to cable… Source link

Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing. Bitcoin Bitcoin (BTC) was consolidating in today’s session, as prices retreated from Monday’s three-week high. Following a peak of $17,371.00 to start the week, BTC/USD fell to an intraday… Source link

Litecoin price started a strong increase above the $70 resistance against the US Dollar. LTC is currently consolidating and might aim more upsides above $85. Litecoin started a strong increase above the $65 and $70 levels against the US Dollar. The price is now trading above $70 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $74.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price must clear the $83.20… Source link

Ethereum failed again to settle above the $1,300 resistance against the US Dollar. ETH is moving lower and might soon test the $1,220 support zone. Ethereum attempted another upside break above $1,300, but failed. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,272 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct further lower, but the $1,220 support is the… Source link