Bitcoin (BTC) returned to intraday resistance on Sept. 30 as analysis predicted that $20,000 could break before a new comedown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crunch time for $20,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it circled $19,600 at the time of writing. The pair had seen a bout of more volatile behavior the day prior, briefly losing $19,000 before bid support took the market higher. The day looked to be an important one for… Source link

Litecoin [LTC] witnessed considerable growth on the price front over the last three months. The altcoin also showcased a positive move in the crypto mining space. Interestingly, it has been consistently improving its hashrate and mining profitability.  A growing hashrate for any proof of work (PoW) network indicates strength and security for the blockchain. As of 30 September 2022, Litecoin’s hashrate stood at 0.48 KH/s.  Source: Messari There’s a pool of reasons The… Source link

Ethereum started a consolidation phase above the $1,300 level against the US Dollar. ETH could start a fresh increase if there is a clear move above $1,350. Ethereum recovered above $1,300 and started a consolidation phase. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase… Source link

Monero price has been bullish despite the broader market trends. Over the last 24 hours, XMR has continued moving up on its chart. It gained close to 4%. In the past week, Monero price gained significantly as there was a 9% appreciation on the altcoin’s chart. The technical outlook for the coin was bullish on the one-day chart. Monero has experienced low buying pressure over the past few days. The technical indicator now displayed that buying strength was… Source link

When an anonymous person posted on a message board last week, claiming to have broken into Optus’ servers and extracted a huge haul of personal information, they asked for a million dollars to make the problem go away. Specifically, they asked for a million dollars worth of the cryptocurrency monero. For many this may have been the first time they’d heard of monero, the favourite digital coin of the nefarious denizens of the internet. That’s because monero, launched in 2014, is a… Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 1.14% to $53.91. InvestorsObserver is giving Litecoin a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 28, placing it in the bottom 28% of… Source link

XRP price has validated the bullish trade idea published at FXStreet just a few days prior. After a deep correction early this morning near the $0.45 levels, the bulls stepped back into the market in an applaudable fashion. XRP price has, at the current time, rallied 18% in the last 24 hours.  Litecoin has been stuck between the same support and resistance levels for three months, oscillating between $65 and $46.5. According to price indicators, Litecoin is… Source link

Arman Shirinyan Bitcoin facing mild recovery but still moving in sharp downtrend The cryptocurrency market is once again showing a mild recovery by the end of the week as its capitalization saw a $30 billion inflow in the last 24 hours. The main reason, however, is purely technical as no signs of a fundamental reversal appeared in the space previously. Monero and Solana on the run Both XMR and SOL have unexpectedly entered the top of the most profitable assets on the market in the last… Source link

Litecoin has been stuck between the same support and resistance levels for three months, oscillating between $65 and $46.5. According to price indicators, Litecoin is witnessing a bullish squeeze release, which could propel it towards the 23.6% Fibonacci level. The lack of recovery has led to over 78% of all Litecoin investors witnessing losses on their holdings. Litecoin might not be the flagbearer of the crypto market like Bitcoin or the constant center of… Source link

One hundred and eleven days have passed since Bitcoin (BTC) posted a close above $25,000 and this led some investors to feel less sure that the asset had found a confirmed bottom. At the moment, global financial markets remain uneasy due to the increased tension in Ukraine after this week’s Nord Stream gas pipeline incident.  The Bank of England’s emergency intervention in government bond markets on Sept. 28 also shed some light on how extremely fragile fund managers and financial… Source link