Litecoin price action develops a pattern seen across the altcoin space: the inverse head-and-shoulders pattern. LTC faces a strong cluster of resistance before it can move towards the $200 value area. Downside risks are significant and highly probable. Litecoin price faced significant selling pressure on Thursday, following other risk-on markets lower due to war jitters and continued inflation worries. However, that didn’t stop LTC from developing a likely… Source link

“We remain cyclically bearish on bonds, although yields could soon pause; conditions are becoming technically stretched and U.S. rate expectations have already ratcheted higher,” MRB Partners wrote in a research note this week. “However, any pause, like the dip in yields last year, will not mark the end of the cyclical rise in yields.” Source link

Ethereum (CRYPTO: ETH) was falling over 4% at one point on Friday as inflation fears, the likelihood of rising interest rates and Ukraine/Russia news continues to spook the markets. Gold, considered a safe-haven asset, has been rising steadily in comparison, which indicates in times of economic uncertainty. Cryptocurrencies are still considered risky, despite many arguing cryptos such as Bitcoin (CRYPTO: BTC) would replace physical metals as the most popular asset… Source link

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Text size Dreamstime.com Bitcoin fell below $40,000 Friday on renewed worries of an… Source link

After the 3-month decline in cryptocurrencies, which led the crypto market losing more than half its value, it seemed like the bearish period had ended. The crypto market started reversing higher in the last week of January, giving the impression that the larger bullish trend was resuming. But, for a week now, digital coins have failed to push higher, and in the last two days they have turned lower, with Ethereum (ETH) falling below $3,000 while Bitcoin is facing the $40,000 level once again…. Source link

Image source: Getty Images Despite its recent price drop, the second-largest crypto by market capitalization seems more popular than ever. Key points Blockchain tracking website Glassnode shows there are more than 3.9 million active crypto wallets, which is an all-time record. Each wallet has a… Source link

Monero (XMR) is trading at $172.80, down 4.61% with a low of $171.473 and a high of $183.58 in the last 24 hours. The crypto has a market capitalization of $3,126,923,853, and a price nearing the $170 resistance threshold. According to Coindesk’s price research, bearish swings are back, and price increases have been slower than in previous months because of the downward trend. Monero is going bearish again following a decrease in the XMR/USD market, as a result of negative news coming… Source link

CoinGeek’s Chief Bitcoin Historian Kurt Wuckert Jr. has been making quite a few high-profile TV appearances lately. This week, he joined Fox Business to discuss whether there’s a difference between Ethereum and XRP. The segment opened with Securities and Exchange Commission (SEC) Chairman Gary Gensler, followed by Kurt who shared his views on the debate. ⁉️Is there a difference between Ethereum and XRP? @kurtwuckertjr explains👇#FoxBusiness @FoxBusinesshttps://t.co/05fTErK6KY

Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next? Whether long or short-term, the answer for many is simple: The range is still intact. Bitcoin wobbles after “moment of truth” On the back of macro pressures, BTC/USD saw a moderate sell-off on Feb. 17, which continued into Friday, with local lows of $40,330 appearing on Bitstamp, as per data from Cointelegraph Markets Pro and TradingView. A bounce took the pair… Source link