Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI hints at underlying strength Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $43,337 on Bitstamp Tuesday, the pair’s highest since March 3. The action contrasted with the lack of volatility since the weekend, and neatly fitted with the more bullish predictions surrounding near-term trajectory. For popular… Source link

Japan, Japan, Tue, 22 Mar 2022 07:40:55 / Comserve Inc. / — As the crypto world is now full of so many new and existing coins in the ever-growing Metaverse, it is a good idea to do your research to find the best long-term investments that are out there, that have the real potential to make you a Millionaire As the crypto world is now full of so many new and existing coins in the ever-growing Metaverse, it is a good idea to do your research to find the best long-term investments that are out… Source link

Bitcoin price rallied 4%, suggesting a continuation of the uptrend.  Ethereum retested the $3,000 level while altcoins are rising violently.  On-chain data shows that this uptick in BTC is due to multiple inflows in stablecoins. Bitcoin price saw a sudden uptick in buying pressure causing Ethereum and altcoins to surge. This move can be explained from a technical and on-chain perspective, complementing each other. Bitcoin and its role in the LUNA bet The Source link

Reddit is truly the beating heart of the cryptocurrency world. There’s a community for every digital currency you can imagine, all with competing interests and impassioned communities who are desperate to sell you on the “next big coin.” But if you’re not dedicated to a single currency or crypto-philosophy — or if you’re new to the entire thing — it can be tricky to figure out where to focus your attention. Luckily, Reddit isn’t just home to r/SafeMoon and other established… Source link

On the weekly chart, technical indicators are improving, similar to what occurred in August 2021, which preceded a 60% price rally. This time, however, there is negative momentum on the monthly chart, which typically precedes rangebound or negative price action. That means upside could be limited around the $46,000-$50,000 resistance zone. Source link

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Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has risen 3.17% to $115.73. This continues its positive trend over the past week where it has experienced a 12.0% gain, moving from $102.61 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring… Source link

Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 during Monday’s session. Bitcoin Despite a selloff to end last week, prices of BTC continued to hover above $41,000 on Monday, as market bulls appear to still be holding onto their positions. Following a low of $40,668.04 earlier in today’s session, BTC/USD rose to an intraday high of… Source link

Ethereum’s burn mechanism is hotter than ever, as crypto’s second-largest network has officially destroyed over 2 million ETH since the mechanism was introduced last August.  According to Watch the Burn, a dashboard monitoring the burn mechanism, the network has destroyed a total of 2,000,996 Ethereum since its inception. In dollar terms, that’s more than $5.82 billion removed from circulation forever.  Implemented in the London hard fork, EIP-1559, the technical name for the burn… Source link