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Ethereum started a major decline below the $1,500 support against the US Dollar. ETH faced an increase in selling after the market dumped FTT, SOL, and DOGE. Ethereum started a major decline below the $1,550 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,570 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 7% and… Source link

Ethereum started a major decline below the $1,500 support against the US Dollar. ETH faced an increase in selling after the market dumped FTT, SOL, and DOGE. Ethereum started a major decline below the $1,550 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,570 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 7% and… Source link

Ethereum price is breaking below a significant trend line, hinting at a crash. Transaction data shows that roughly 9 million ETH held by 3 million addresses will slip into “Out of the Money” territory. A four-hour candlestick close above $1,646 will invalidate the bearish thesisfor ETH. Ethereum price shows a lack of buying pressure that has resulted in a slip below a significant support structure. If bulls fail to make a comeback at this juncture, things could… Source link

Bitcoin price failed to stay above $20,600 and extended losses. BTC must stay above $20,000 to avoid a major decline in the near term. Bitcoin started a downside correction and broke a major support at $20,600. The price is trading below $20,600 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $21,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could revisit the main $20,000… Source link

Bitcoin price failed to stay above $20,600 and extended losses. BTC must stay above $20,000 to avoid a major decline in the near term. Bitcoin started a downside correction and broke a major support at $20,600. The price is trading below $20,600 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $21,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could revisit the main $20,000… Source link

© Reuters Litecoin Falls 10% In Rout Investing.com – was trading at $65.110 by 22:18 (03:18 GMT) on the Investing.com Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since September 6. The move downwards pushed Litecoin’s market cap down to $4.741B, or 0.47% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $65.110 to $68.420 in the previous twenty-four hours. Over the… Source link

Bitcoin dipped below US$21,000 in Tuesday morning trading in Asia as Ether and most other tokens in the cryptocurrency top ten by market capitalization, excluding stablecoins, lost ground. Polygon was one of the few tokens to gain, leapfrogging Solana by market cap. Solana led the losers. See related article: Binance to sell FTX token holdings amid questions over trading arm Alameda finances Fast facts Bitcoin fell 1.6% in the past 24 hours to trade at US$20,588 at 8 a.m. in Hong Kong, while… Source link

LTC surges after seeing mining difficulty growth and Moneygram app support. MATIC and AR both soar on Meta NFT partnerships. LTC Litecoin was higher this week by 26% after the Litecoin Foundation said mining difficulty had reached a new high. The foundation said that the mining difficulty was peaking at just under 18 million hashes, according to a post on the crypto data site, coinmarketcap. Mining difficulty measures… Source link

Litecoin (LTC) has recently completed its most bullish week since June, following a remarkable rise. The “digital silver” registered over 24% gains in the last seven days alone. There’s no main catalyst for the token’s impressive rise. However, its gains come amidst its hash rate reaching a new all-time high during the week.  Furthermore, it has started the week off on a positive note by confirming its partnership with Wanchain. As far as the network’s… Source link