The Hourly View for LTC Last Updated September 30, 2020, 01:037 GMT At the moment, LTC’s price is up $0.2 (0.44%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as LTC has now gone up 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend… Source link

Ethereum Ethereum rose by 1.76% on Tuesday. Reversing a 1.01% gain from Monday, Ethereum ended the day at $359.90 It was a choppy day on Tuesday. Ethereum fell to a mid-morning intraday low $350.19 before making a move. Steering clear of the first major support level at $347.69, Ethereum struck an early afternoon high $359.68. Coming up short of the major resistance levels, Ethereum slid back to a low $350.35 and into the red. Finding late support, however, Ethereum bounced back to a final hour… Source link

Litecoin has slipped below 10th position and is now amongst the top 15 cryptos Litecoin price can weaken even more in the upcoming days and maybe it is not the best time to invest in LTC If the price jumps above $50 it would probably reach $55 in the short time period The price of Litecoin (LTC) has weakened from $64 below $43 in less than three weeks and the current price stands around $45. Litecoin has found strong support above $40 but the price of this cryptocurrency is still… Source link

While most of the coins were undergoing a period of recovery in the past few days, the enthusiasm was lacking on Litecoin’s side. The asset has been unable to carve a bit of distance from its support at $45, staying close to the price range. With a 24-hour change of -2.5%, Litecoin had a market cap of $2.98 billion, sliding all the way down to 12th in the rankings. Litecoin 1-day chart Source: LTC/USD on Trading View As observed, since the collapse on 2nd September, Litecoin has largely… Source link

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Twitter CEO Jack Dorsey. Associated Press Bitcoin and blockchain will shape Twitter’s future through a decentralized internet standard, Twitter CEO Jack Dorsey said at the Oslo Freedom Forum 2020 last week. BlueSky, a designated team tasked with developing the standard, will hire about five people to build a protocol enabling Twitter’s transition to a decentralized platform. Dorsey’s renewed motivation towards a “trusted system in a distrusted environment” comes after July’s… Source link

The price of Bitcoin (BTC) abruptly dropped on Sep. 29 from $10,950 to $10,630 overnight, recording a 3% drop. Following the rejection at $11,000, the sentiment of traders remains mixed. Some are cautiously optimistic under the premise that BTC reclaims the $10,700 level. Technically, analysts say that the $10.7k area is a critical pivotal price point for Bitcoin in the near term. Others say that the price trend of BTC has reversed in the short term after its rejection. The intense reaction of… Source link

Bitcoin (BTC) simply needs history to repeat itself to see significant price rises, according to two indicators now flipping bullish. On Sep. 28, on-chain monitoring resource Glassnode noted that Bitcoin’s difficulty ribbon compression had broken out of its green “buy” zone for the first time since the March coronavirus crash. Glassnode hints at “significant” BTC price increases Difficulty ribbon compression is based on difficulty ribbons, a metric devised by statistician Willy Woo as… Source link

For the few weeks Bitcoin (BTC) price has moved within a $850 range and recently the price resumed the trend of daily higher lows.  Despite this, $11,000 remains a hurdle the price has struggled to overcome but one positive is that altcoins are beginning to recover some of the hefty losses of the past few weeks.  Cryptocurrency daily market performance snapshot. Source: Coin360 Perhaps now that CME Bitcoin options closed without any major disruption and a new month is on the verge of… Source link

For a number of years now bitcoiners have predicted that the price of bitcoin will surpass its all-time high from 2017 and many believe it will rise to the $100k or six-digit price range. This week bitcoin enthusiasts discussed the possibility of the crypto asset reaching $100k at great length. In mid-December 2017, the price of bitcoin (BTC) touched an all-time high (ATH) of $19,600 per coin. Today, BTC is 45.81% lower than the 2017 ATH but a number of bitcoiners believe that the crypto… Source link