Litecoin showed massive improvement on the mining front but failed to attract new addresses to the network Its development activity and velocity also took a southward journey Litecoin recently appreciated by a massive 17% amidst the bear market, shocking most LTC skeptics. This left many short-term investors with an opportunity to exit their position and book a profit.                         Read Litecoin’s Price Prediction 2022-2023 Looking at the… Source link

Despite the market’s ongoing fear, the leading cryptocurrency, Bitcoin, is rebounding above the psychological level of $16,000 on November 29. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising after gaining support near the $1,150 level. Major cryptocurrencies were trading mixed early on November 29, with the global crypto market cap increasing nearly 1.0% to $822.27 billion on the previous day. Over the… Source link

Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level. Litecoin started a strong increase above the $55 and $65 levels against the US Dollar. The price is now trading above $65 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $77.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price must clear the… Source link

Ethereum is holding the key $1,150 support against the US Dollar. ETH is rising and might even clear the $1,250 resistance zone in the near term. Ethereum corrected lower, but the bulls were active near $1,150. The price is now trading above $1,180 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,195 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $1,200 and $1,230 resistance… Source link

Bitcoin price extended its decline and tested the $16,000 support. BTC is forming a base and might soon rise above the $16,500 resistance zone. Bitcoin declined further and tested the $16,000 support zone. The price is trading below $16,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $16,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent increase if it clears the $16,500 resistance… Source link

Dogecoin price rallied by 50%, piercing several resistance levels. Crypto.com price has printed consecutive bullish divergences on the Relative Strength Index. Litecoin price might be days away from another rally. Despite Bitcoin’s bearish price action throughout November, several altcoins have served as profitable trading opportunities. Within the Crypto market, DOGE, LTC and CRO all show potential for more uptrend rallies in the coming days.  Dogecoin price… Source link

Arman Shirinyan Classic crypto is aiming for big return to top, especially if this pattern plays out as expected The weekend sale did not end on Monday, and most assets are still moving in the red zone today, with some exceptions. However, a problematic start to the week does not necessarily mean poor performance on the market by the following Monday. Litecoin shows exceptional performance Despite the depressing state of the market, Litecoin’s most recent 36% price spike puts it… Source link

Being three weeks removed from the FTX collapse, Bitcoin (BTC) analysts are combing through data to decipher whether more selling will continue or if a bear market floor has been reached.  One thing miners, short-term and long-term holders have in common is they are losing in the Bitcoin market right now. According to on-chain analysis from Glassnode, the scale of both realized and unrealized losses amongst Bitcoin holders is one of the heaviest capitulation events in BTC’s history…. Source link

Protocols and Layer 2 solutions on Ethereum continue to improve However, Ethereum’s state declines as network growth and velocity go down Ethereum is still in the process of recovering from its post-Merge blues, meanwhile, protocols on the Ethereum network witnessed growth. According to crypto analytics firm Messari, Graph Protocol, a query network protocol for Ethereum, made massive strides in terms of activity. Curators, Delegators, and Indexers grew on the network,… Source link

Protocols and Layer 2 solutions on Ethereum continue to improve However, Ethereum’s state declines as network growth and velocity go down Ethereum is still in the process of recovering from its post-Merge blues, meanwhile, protocols on the Ethereum network witnessed growth. According to crypto analytics firm Messari, Graph Protocol, a query network protocol for Ethereum, made massive strides in terms of activity. Curators, Delegators, and Indexers grew on the network,… Source link