Monero’s price remains above $140, but XMR could find it hard to maintain this position as the broader cryptocurrency continues to underperform. XMR, the native coin of the Monero ecosystem, is down by less than 1% over the last 24 hours and is currently trading at $140.66 per coin. The recent poor performance has erased the gains recorded earlier this week. XMR is down by… Source link

The Bitcoin price managed to close yesterday’s daily candle above critical support, giving bulls a fighting chance to prevent further downside. However, today’s trading session has favored the bears, with BTC moving below the $19,000 area.  At the time of writing, Bitcoin stands at $18,900, with a 1% loss in 24 hours and a 2.4% loss in one week. Other cryptocurrencies in the crypto top 10 by market cap follow a similar trend except for Cardano and Solana…. Source link

Bitcoin was once again trading under $19,000, as the U.S. dollar moved to a one-week higher versus several G7 currencies. Friday’s move saw the token fall to a key support point in the process. Ethereum was also in the red in today’s session, as prices fell for a fourth straight day. Bitcoin Bitcoin (BTC) was back in the red on Friday, as the U.S. dollar continued to strengthen versus several G7 currencies. Following a high of $19,315.20 during Thursday’s session, BTC/USD… Source link

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Investing in cryptocurrency might be profitable even though there are risks involved. Investing in stocks is still the safest and least volatile option for investors, but cryptocurrency is still the most profitable. Despite the dangers, using cryptocurrency has many benefits. Such as excellent security, simple transactions, and substantial rewards. Due to the distinct characteristics that each cryptocurrency has that might be advantageous for its users, having a wide… Source link

Ethereum has witnessed a substantial drop in its daily active address (DAA) count over the last four months, raising fears about more downside for Ether (ETH) price in the coming weeks. Stagnant Ethereum price spooks investors The number of Ether DAA dropped to 152,000 on Oct. 21, its lowest level since June, according to data provided by Santiment. In other words, the plunge showed fewer unique Ethereum addresses interacting with the network. Ethereum daily active address count on a daily… Source link

Ethereum has witnessed a substantial drop in its daily active address (DAA) count over the last four months, raising fears about more downside for ETH (ETH) price in the coming weeks. Stagnant Ethereum price spooks investors The number of Ether DAA dropped to 152,000 on Oct. 21, its lowest level since June, according to data provided by Santiment. In other words, the plunge showed fewer unique Ethereum addresses interacting with the network. Ethereum daily active address count on a daily… Source link

Whale interest in Litecoin (LTC) seems to have rejuvenated. According to analysis firm Santiment, LTC’s wallet activity and whale transactions have exploded this week. The firm took note that over $1 million worth of transactions took place on the network. Furthermore, the firm highlighted that the wallet activity and whale transaction spike took place when LTC began rising against Bitcoin (BTC). On the other hand, Litecoin’s volatility is the lowest it has been in two years, as per… Source link

LTCUSD is turning sharply down from the highs in the 4-hour chart after a complex W-X-Y corrective rally. It’s now alos breaking the channel support line which indicates for more weakness towards June lows while the price is below 67.57 invalidation level, just be aware of short-term pullbacks which is now underway. Nice resistance is near 55-58. Big picture The market is bearish for the last few months but approaching potential support with the price moving back to… Source link

Ethereum price seems to have held the selling pressure as it attempts to bounce off $1,280. If the ongoing bullish momentum holds, ETH might sweep the equal highs at $1,343 before retracing to the $1,270 level. A daily candlestick close below $1,220 will invalidate the bullish theiss for ETH. Ethereum price is bouncing off the immediate support level and shows signs of a quick rally. This outlook is a little risky for traders since a failure to maintain this Source link