Ethereum price has shown incredible strength as it tore through the $1,195 resistance level. Although a minor retracement is underway, ETH continues to aim for a retest of the $1,400 hurdle. A daily candlestick close below the November 28 swing low at $1,151 will invalidate the bullish thesis for the smart-contract token. Ethereum price performance over the last few days has been incredible as it breached critical hurdles. This move occurred when Bitcoin was… Source link

Decentralized finance (DeFi) protocol Trader Joe has announced its very first expansion from Avalanche and onto the Ethereum ecosystem, as part of its plans to access new markets and drive up user activity. The decentralized trading platform announced its “multi-chain” expansion into Ethereum layer-2 scaling solution Arbitrum One on Dec. 1 and follows around a month after it stated its intention to expand to additional markets and ink new partnerships amid falling TVL and user activity… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Thursday. The Digital Money asset is down 0.7% to $77.67 while the broader crypto market is up 0.61%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Monero (XMR) gets a bullish rating from InvestorsObserver Thursday. The Digital Money asset is up 1.87% to $142.41 while the broader crypto market is up 0.71%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

Upside Ethereum targets. Source: Trading View ETH, the cryptocurrency that powers the Ethereum blockchain, was last changing hands around $1,275, up around 6.5% in the last seven days according to CoinMarketCap. The cryptocurrency gained 6.5% alone on Wednesday as traditional risk assets like US equities rallied in wake of a more dovish-than-expected message from the chairman of the US Federal Reserve Jerome Powell on the prospect… Source link

Ethereum Price Today: ETH to USD Live Price Chart – CoinJournal … Source link

Polygon (MATIC) And Litecoin (LTC) Suffer After FTX Collapse, While The Hideaways Surges by IndustryTrends December 1, 2022 With the recent FTX collapse, which caused a domino effect that affected BlockFi’s bankruptcy, more and more coins are seeing downturns. Polygon (MATIC) and Litecoin (LTC) are one of them. While these coins appear to stagnate, a new currency has emerged, and all eyes are on it. That coin is The Hideaways, unique project experts predict will be the best investment… Source link

In the wake of the meltdown of crypto exchange FTX, Litecoin (LTC -1.46%) is one of the only top cryptos that is moving higher right now. While Litecoin is up more than 40% during the past 30 days, traditional market stalwarts like Bitcoin and Ethereum are both down about 25% over that same time period. Litecoin is currently trading at about $78, and given its recent trajectory, some traders are already suggesting that Litecoin could hit $100 within a few months. This would imply another… Source link

Heiken Ashi and traditional candlesticks are constructed using an asset’s open, high, low and close prices for a specific period. Heiken Ashi, however, is an averaged version of traditional candlesticks. Therefore, it helps cut through the noise and facilitates better gauging of trend reversals than traditional candles. Source link

“As we have seen three attempts this year that eventually failed, we need to wait for bitcoin prices to trade above their 21-week moving average ($20,851) in order to call for a sustainable rally and a cyclical low,” Markus Thielen, head of research and strategy at crypto-services provider Matrixport, said. Source link