Bitcoin price seems ready for another uptrend as it recovers from its recent pullback. This resurgence of bullish momentum for BTC seems to be seeping into Ethereum, Ripple and other altcoins. SafeMoon attempts breakout that could launch SFM more than 15% SafeMoon price has been under intense selling pressure over the past nine trading days. After falling more than 26%, it finally found support against a prior traded low in the $0.0014 value area. Since then,… Source link

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin was trading just beneath the $44.4k resistance level, but it appeared healthy enough to move toward $46k in the next few days. The reaction of Bitcoin at the $46k-$47k area could set the tone for the next move for the market- either a bullish couple of weeks as BTC marched toward $52k, or a bearish one in case the recent relief rally was wiped out by… Source link

Image source: Getty Images Managing Partner at Fundstrat Global Advisor, Tom Lee, has a $200K price target for Bitcoin, but a lot would have to happen to hit that this year. Key points Bitcoin’s current price action is trading at a 35% discount off its peak. More than 90% of all Bitcoin coins… Source link

Litecoin receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver… Source link

Litecoin price action undergoes some profit-taking around the crucial technical indicator. LTC set to continue on the wings of the relief rally after some positive signals out of Moscow. Expect the relief rally to continue over into the end of the week, with around 11% of gains on the table. Litecoin (LTC) price formed a big bullish candle yesterday as a relief rally sparked by news that Russia will pull back some of its troops from the Ukrainian border took place… Source link

Litecoin’s (CRYPTO: LTC) price has decreased 3.71% over the past 24 hours to $126.85, continuing its downward trend over the past week of -8.0%, moving from $138.49 to its current price. 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 the volatility for both the daily and weekly price movements. The wider the bands are, or the… Source link

Outside of major cryptocurrencies, metaverse tokens continued to surge on Wednesday. In the past 24 hours Decentraland’s MANA was up 10.5%, The Sandbox’s SAND up 6%, and Axie Infinity’s AXS up 11%. The tokens are used for blockchain-based games in separate virtual worlds broadly referred to as a “metaverse.” Source link

A recent price recovery in the Bitcoin (BTC) market risks getting erased due to an eerie fractal from 2018. Bitcoin price cycle similarities First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in December 2018. As a result, anticipations that BTC’s price will undergo similar declines in 2022 might grow.  That is primarily because of the strikingly… Source link

The price of Litecoin (LTC) stays in between the moving averages. The last time Litecoin experienced a similar upward trend, it peaked at $144 when the altcoin dipped below the 50-day moving average. Additionally, the virtual currency is trading above the 21-day line but under the 50-day line. By implication, the LTC price will remain in between the moving averages. Litecoin Price Looks to Have a Bullish Run in the Long-Term Once the moving average lines are broken… Source link