Yearly Archives: 2022

Looking For The Next Ethereum? Consider Avalanche (AVAX-USD)

Lysogor/iStock via Getty Images I recently wrote an article that explores that investment case for Ethereum. While I think Ethereum (ETH-USD) is going to grow rapidly and mostly maintain their market leadership (~60% in 2022 down from 90%+ to start 2021) in the smart contract space, there are some attractive alternatives that may experience even more rapid growth. I plan to write the investment case for each one of the other major Ethereum competitors starting with one of my favorites:… Source link

Read More »

Avalanche, Litecoin, MANA Price Analysis: 13 January

While the market lurched into a possible recovery window, the perception was not quite yet in favor of bulls. The broader market saw a decent recovery over the past three days and thus, reignited the bullish sentiment. Avalanche marked a double-bottom on its 4-hour chart. With a bullish RSI, the buyers had to step in at the $96-level to confirm a further recovery. Litecoin and MANA jumped above their 20/50 SMA but failed to gather trend-altering volumes. Avalanche (AVAX) Source:… Source link

Read More »

Monero (XMR) has a Very Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Thursday: What’s Next?

Monero (XMR) gets a very bullish rating from InvestorsObserver Thursday. The Digital Money asset is up 10.25% to $217.57 while the broader crypto market is down 1.94%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Read More »

Why Dogecoin, Monero, and Harmony Are Soaring Today

What happened Today, a range of top cryptocurrencies are once again seeing buying pressure materialize. Meme token Dogecoin (CRYPTO:DOGE) surged 3% higher over the past 24 hours, as of 11 a.m. ET. Over the same time frame, security token Monero (CRYPTO:XMR) and Layer 2 blockchain network Harmony (CRYPTO:ONE) rose 7.6% and 7%, respectively. It should be noted that, earlier this morning, each of these tokens surged substantially higher. However, as… Source link

Read More »

Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options traders

Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “One step at a time” Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD after the pair hit its highest levels in more than a week. A trip to $44,450 on Bitstamp after the Wall Street open was followed by an hourly candle that… Source link

Read More »

Northwest Arkansas is offering $10K in Bitcoin and bike to relocate there

How about this as an incentive to relocate: $10K in crypto and a bike.  Northwest Arkansas hopes to lure remote tech workers and entrepreneurs to the region by offering them $10,000 worth of Bitcoin (BTC-USD) and a bicycle.  “Northwest Arkansas is one of the fastest-growing regions in the country, and we’re now seeing more explosive growth in our tech sector,” said Nelson Peacock, president and CEO of the Northwest Arkansas Council. “This expanded incentive offer — Bitcoin and a… Source link

Read More »

These Top Cryptocurrencies Surge Higher

These Top Cryptocurrencies Surge Higher – Cardano, Solana, Avalanche, Matic, Litecoin, Bitgert & Centcex by Analytics Insight January 13, 2022 This article features how cryptocurrencies like Cardano, Solana, Avalanche, Matic, surge higher. The market is on green again after a whole week of dropping. Most of the large cryptocurrencies lost huge percentages of their market value, but most are recovering very well. However, the price surge has not been uniform across the market as some… Source link

Read More »

Is It Too Late to Buy Ethereum in 2022?

Forget about high-flying tech stocks. Ethereum (CRYPTO:ETH), the world’s second-most-valuable cryptocurrency behind Bitcoin (CRYPTO:BTC), has skyrocketed by almost 30,000% over the past five years. This means that a $1,000 investment in Ethereum made on January 2017 would be worth about $300,000 today. So, is it too late to buy? Would you just be chasing returns at this point? I don’t think so. Even after the huge price gain, buying Ethereum in… Source link

Read More »

Bulls Lack Enough Momentum to Retest a Crucial Level

Litecoin price is likely to remain in the bear market in the short term despite the week’s gains. This assertion is founded on the extreme fear that continues to define price movements in the crypto market. Notably, the fear & greed index has been on this end of the spectrum since last month. In Thursday’s session, the index was at 21 compared to Wednesday’s 22. Litecoin price prediction LTC has eased after the three-session rebound that had it hit a one-week high of 142.59 on… Source link

Read More »

Bitcoin (BTC): Buying The Death Cross Hand Over Fist

shuang paul wang/iStock via Getty Images Thesis Summary As inflation hits its highest since 1982, Bitcoin (BTC-USD) approaches the “death cross”, by which I mean the crossover of the 50 and 200 day moving averages. This has happened a few times already, most recently in July, and it was contrary to intuition a bullish signal. On top of that, we have some evidence from on-chain metrics that suggest Bitcoin could experience a short-squeeze but also point to the fact that retail is… Source link

Read More »