Key Support levels: $3,000, $2,805  Key Resistance levels: $3,400, $3,750 ETH’s price action has been somewhat reserved once it reached $3,000 without a strong conviction to move higher. However, despite the hesitation from buyers, the cryptocurrency continued to go higher reaching $3,235 today on Bitstamp. The $3,000 level turned into support, and the next key resistance is found at $3,400. Chart by TradingView Technical Indicators Trading Volume: While the price went up,… Source link

Litecoin price has seen an impressive run-up over the past four days, pushing it from $106 to $142. This uptrend can continue if LTC can flip the $137 to $142 supply zone into a demand barrier.  A breakdown of the 50-day SMA at $133 could trigger a crash to $128 or lower. Litecoin price has witnessed a massive rally over the past week as the crypto markets flip bullish. This sudden optimism is due to the recent uptick in buying pressure seen among BTC holders…. Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Monday, February 7, 2022! Welcome back to the working week, team. Here’s hoping you got some sleep over the weekend because we’re still in a busy tech cycle. That means lots of news from technology companies big and small. But before we dive into the news, TechCrunch Live kicks off Wednesday with Heartbeat Health and… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s (LTC) previous rally saw remarkable gains that halted at the $280-mark. This level was near the 61.8% Fibonacci resistance. Since then, LTC has withdrawn inside a falling wedge (yellow) on its daily chart for the last 12 weeks. Now, the falling wedge breakout candle needed a compelling close above its trendline resistance (white) or 50 SMA to… Source link

The cryptocurrency market is moving forward this Monday and this situation also supports the price of Ripple (XRP / USD), Dogecoin (DOGE / USD) and Litecoin (LTC / USD). Bitcoin is trading above the $ 44,000 level and, for now, everything indicates that the price could rise above the $ 45,000 resistance again. Joe DiPasquale, chief executive of BitBull Capital, which manages crypto hedge funds, said: Are you looking for timely news, tips and market analysis? … Source link

What happened Today’s been a wild ride in the crypto world, with the entire crypto market surging 6.2% over the past 24 hours, as of 3:45 p.m. ET. Over this same time frame, top cryptocurrency Bitcoin (CRYPTO:BTC) surged 5.8%, driving most of the market’s gains today. However, other Bitcoin-related companies saw surges that, in some cases, exceeded Bitcoin’s gain today. From yesterday’s close, Bit Digital (NASDAQ:BTBT) and Riot Blockchain (

A crypto project, known as VanityBlocks, has started turning whole Ethereum transaction blocks into non-fungible tokens (NFTs) — preventing anyone else from having space in that block. The first Genesis NFT was created on January 16. It was in block 14017777 and the transaction to create the NFT took up the entire block, costing about 5.31 ETH ($16,600 USD). A more recent mint on January 31 for block 14114114 cost over 3.42 ETH ($10,700 USD) in transaction fees. As of publication,… Source link

What happened  A “risk-on” trading day is taking place again on Wall Street and that’s helping cryptocurrency values to start the week. It helps that the market was up early in trading today and cryptocurrencies usually magnify those gains. But as the market has fallen back to breakeven the gains for crypto are holding.  As of 12:40 p.m. ET, over the last 24 hours Bitcoin (CRYPTO:BTC) had jumped as much as 5.2%, Ethereum (CRYPTO:ETH) was up 4.2%,… Source link

Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has risen 11.15% to $136.78. This continues its positive trend over the past week where it has experienced a 24.0% gain, moving from $110.4 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

Bitcoin rose above $44,000 briefly on Monday, continuing the momentum from the end of last week and the weekend. The crypto was trading above its 50-day moving average Monday, for the first time since November, when the cryptocurrency climbed toward its all-time high. Bitcoin’s 50-day simple moving average stands at around $42,838, according to Dow Jones Market Data.  … Source link