Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Monero (XMR) was bearish on the daily chart The elevated positive sentiment over the weekend has flattened out Monero (XMR) bulls were cut to size over the weekend as bears threw a massive party. This was evidenced by the bearish engulfing pattern (A tiny green candle followed by a larger red candle) on the charts. It indicates that the bears… Source link

As the FTX-induced devastation in the cryptocurrency sector continues, Litecoin (LTC) has held its own and even climbed over 10% on November 22 to be one of the crypto markets’ top gainers.  The ascent of Litecoin seems to have piqued some interest, given the current climate in the cryptocurrency market, and investors are seemingly on the lookout for the next levels to monitor.  Notably, the crypto community at CoinMarketCap, using the Price Estimate tool, sets the price of Litecoin to… Source link

Vertigo3d So far, 2022 is not proving to be a particularly good year for Bitcoin (BTC-USD). Although, to be fair, it’s not looking to be great for most any cryptocurrency or any investment in general. Unlike most investment opportunities though, Bitcoin is distinguished by the fact that, at the end of the day, I think it’s destined to see its price plunge. For years, cryptocurrency in general has been hyped up. In addition to the general enthusiasm that is common with new and rapidly… Source link

Litecoin’s social metrics increased, neglecting the downturn recorded by most assets in the market The hikes could not produce enough profits for LTC holders. Although it was likely that investors might not have to deal with massive a price fall in the short-term Gloom-ridden! That might be the perfect description of the crypto market sentiment in the last few days. However, not every asset seemed to have joined the bandwagon as Litecoin [LTC] progressed in the opposite… Source link

Bitcoin (BTC) headed higher into the Nov. 22 Wall Street open after setting another two-year low. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Thanksgiving buywall appears at $12,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recrossed the $16,000 mark, having set lows of $15,480 on Bitstamp. Momentum took the pair to $16,189 before consolidating, marking gains of 3.7% versus the day’s lows. Talk among analysts remained tied to the Digital Currency… Source link

Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse. LTC price outperforms BTC, ET The 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top rivals, Bitcoin (BTC) and Ether (ETH), which lo approximately 25% and 30%, respectively, in the same period. LTC/USD daily price chart. Source: TradingView Furthermore, the LTC/BTC price also rallied to new heights, gaining… Source link

Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse. LTC price outperforms BTC, ET The 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top rivals, Bitcoin (BTC) and Ether (ETH), which lo approximately 25% and 30%, respectively, in the same period. LTC/USD daily price chart. Source: TradingView Furthermore, the LTC/BTC price also rallied to new heights, gaining… Source link

With traditional financial markets in a flux over recession fears, investors are keeping away from risky assets, including many cryptocurrencies. This has resulted in a massive fall in prices of high-value crypto assets like Monero (XMR) and Maker (MKR) this year. Interestingly, investors are showing much interest in new tokens like Snowfall Protocol (SNW) (SNW), which has witnessed a sharp jump during the first phase of presale. In this article, we take a look into how Monero (XMR), Maker… Source link

 LTC’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $60.   LTC’s price continues to look strong despite bearish market sentiments, as things look uncertain for most traders and investors.  LTC’s price looks strong and continues to hold above the daily 50 Exponential Moving Average (EMA). The price action displayed by Litecoin (LTC) has been a joy to watch, holding up nicely above the daily range price channel it has… Source link

Bitcoin (BTC -1.50%) is the giant in the world of cryptocurrency. It’s the first player and the biggest. You can use it to make payments at more than 15,000 businesses worldwide. In fact, two countries — El Salvador and Central African Republic — even recognize it as legal tender. Investors flocked to Bitcoin last year as the entire cryptocurrency market soared past $3 trillion in market value. This year’s economic woes, however, have pushed investors into the safest of assets. And this… Source link