“Spot prices DO INDEED look constructively bullish … but that said, Q4-22 doesn’t resemble the Q4-20 environment, where buying call exposure was the right move to make,” Gregoire Magadini, CEO of Genesis Volatility, said in a weekly newsletter. “[build] Tactial long but don’t ape into unhedged calls.” Source link

Litecoin price analysis shows a bearish trend for today. The bears have taken over the price charts once again and have reduced the price level to 56.11, as market sentiment is bearish towards LTC/USD. Selling pressure came in at the start of today’s trading session, but the trend remained undetermined during the first four hours, and after that, bears outplayed the bulls. Litecoin price analysis 1-day price chart: Bearish swing lowers the price to $56.11 boundary The 1-day price chart… Source link

There are a few technological advancements that changed the world forever. One of those is the invention of cryptocurrency. If you had told us 20 years ago that there will be a virtual currency that can be used digitally to make transactions, we probably wouldn’t have believed you. Now however, the use of cryptocurrency doesn’t so much as garner a wide eye. The crypto journey began with one soldier – Bitcoin. But thanks to the genius minds, that family has grown… Source link

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Ethereum started a downside correction from $1,665 against the US Dollar. ETH could start a fresh increase if it stays above the $1,550 support. Ethereum is correcting gains from the $1,650 and $1,665 resistance levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if… Source link

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a bad thing and could actually point to signs of a “bottoming out” in prices, analysts and investors told CNBC. Digital currencies have fallen sharply since a scorching run in 2021 which saw bitcoin climb as high as $68,990. But for the past few months, bitcoin’s price has bounced stubbornly around $20,000 in a… Source link

Litecoin price witnessed an increase in value over the last 24 hours. In the past day, the coin surged more than 3%. The past week for LTC has remained quite positive for the altcoin as it logged over a 9% gain in that timeframe. The coin has continued to form higher highs on its chart, demonstrating that the bulls were in control of the price. That caused the altcoin to break its consolidation and shatter above important resistance marks. The technical outlook… Source link

You must recognize the role of timing when it comes to the digital asset space. Investors moving in quickly and joining projects in the early development stages can expect more profits than investors who join well-established cryptocurrency projects. This is why Cronos and Litecoin potentially provide better returns than Bitcoin and can be a great investment opportunity. However, newcomer BudBlockz is gearing up to sit at the same table as these established crypto giants. While investing,… Source link

Bitcoin (BTC) continued consolidating into the Oct. 30 weekly close as concerns over a deeper retracement became vocal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader avoids new longs below $21,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling levels just below $21,000 on the day. Weekend trading had produced an early return above the $21,000 mark, this short lived as Bitcoin bulls failed to offer the volume to sustain higher levels. Now, popular… Source link

Gamza Khanzadaev Ethereum (ETH) has to repeat this trick to continue price rally According to a recent report from the crypto analytics portal Santiment, an explosion of activity on the Ethereum network has once again predicted a rise in the ETH price. Referring back to data from the end of the first decade of October, when the Ethereum network recorded its largest increase in new addresses, 135,780, Santiment then anticipated a possible positive ETH price action, which indeed occurred… Source link