The Litecoin price analysis shows a bullish trend for today, as the price has slightly moved up to reach the $56.10 mark. The coin’s resistance is currently at $56.70, but with the current bullish momentum, it may be able to break through this level and move toward higher prices. On the downside, support for Litecoin is seen at $52.39, and a move below this level could signal a shift in market sentiment. The bulls and bears are currently in a battle for control of Litecoin’s price, and… Source link

Bitcoin price has shown considerable bullish momentum over the past 24 to 30 hours, which has resulted in a massive rally for many altcoins. This development is likely to continue after a minor pullback. So investors that missed this rally should be cautious about entering the market late and getting caught in the wrong direction.   Litecoin price goes nowhere as traders are trying to reassess their next move Litecoin (LTC) price sees traders trying to wrap… Source link

Ethereum noted such bullishness for the first time in more than a month, rising by over 14%. The push in prices helped ETH close above the short-term resistance line, flipping it into support. CFTC chairman Rostin Behnam continues to label ETH as a commodity, while SEC sticks to calling it a security. For the first time in weeks, the crypto market did well for itself, adding over $40 billion to market capitalization within 24 hours. Many cryptocurrencies joined the… Source link

Bitcoin was trading above US$20,000 for the first time in almost three weeks on Wednesday morning trading in Asia. Ether and the rest of the top 10 cryptocurrencies by market capitalization, excluding stablecoins, also gained after the U.K. parliament voted for crypto to be regulated as financial instruments. See related article: Top “UK Crypto Hub” proponent Rishi Sunak to become prime minister Fast facts Bitcoin gained 4% to US$20,091 in the 24 hours to 8:15 a.m. in Hong Kong, reaching a… Source link

In traditional markets, U.S. stocks continued their recent winning ways, rising for a third consecutive day as investors savored the upbeat third-quarter earnings reports from the likes of Coca-Cola and automotive giant GM. The tech-focused Nasdaq jumped 2.2%, while the S&P 500, which has a strong tech component, and Dow Jones Industrial Average (DJIA) climbed 1.6% and 1.1%, respectively. Source link

Litecoin price takes off! Is this the beginning of Crypto Season? Litecoin price has taken the market by a stunning surprise as the bulls have taken complete control of the trend prompting a 7% rally. The move was catalyzed by a classic retest and all signals from the 21-day simple moving average. Litecoin price currently auctions at $56 as the bulls have successfully taken out the October high. Now the only question is when will the uptrend pull back? Bitcoin… Source link

Advertisement &nbsp &nbsp Even though Bitcoin (BTC) was the first to establish digital assets as a way of decentralized payment, meme currencies seem to be taking over the cryptocurrency ecosystem. Shiba Inu (SHIB), a dog, and Apecoin (APE), an ape, are only two examples of the cute creatures that are now used in cryptocurrency mascots, proving that cryptocurrency need not be solemn and severe. Dogeliens (DOGET) is a one-of-a-kind cryptocurrency that could… Source link

Litecoin price is up 7% on the day. The uptrend move has established the largest short-liquidation day in October. Invalidation of the bullish thesis is a breach below $52. Litecoin price stuns the market as a surging rally ensues. Key levels have been identified.  Litecoin price skyrockets Litecoin price has taken the market by a stunning surprise as the bulls have taken complete control of the trend prompting a 7% rally. The move was catalyzed by a classic… Source link

The crypto market is finally showing relief after days in consolidation mode; Ethereum is leading the market with significant profit on lower timeframes. The second crypto by market capitalization is reclaiming its position as a market leader. The last time ETH’s price displayed this price action was in September before “The Merge.”  At the time of writing, Ethereum trades at $1,460 with a 10% profit in the last 24 hours and seven days, respectively. In the… Source link

As the price of bitcoin continues to consolidate around recent lows, investors trimmed their positions in funds designed to profit from further declines in the cryptocurrency. Investors redeemed a net $7.1 million from short bitcoin funds in the seven days through October 21, the crypto asset manager CoinShares wrote. On a month-to-date basis, assets under management (AUM) in these funds had hit an all-time high of $15 million, representing 10% of total AuM. While flows have been mixed… Source link