Litecoin receives an average long-term technical score of 41 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView $32,000, $35,000 flagged as lines in the sand Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency consolidating near $30,600 at the time of writing after hitting highs of $30,900 on Bistamp. Its best performance since May 16, the return to relative strength was welcomed by analysts, some of whom began to discuss the… Source link

Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally surged, with prices climbing to their highest point in over two weeks. So far today, we have seen BTC/USD hit a high of $30,806.86, which is its highest level since May 16. Today’s peak comes… Source link

Monero XMR/USD, Secret SCRT/USD, and Horizen ZEN/USD are all privacy-based cryptocurrencies that aim to provide users with a high level of anonymity and security. On May 19, 2022, Horizen announced that the TokenMint token generator alpha went live on the testnet, which means that users could create tokens within the span of minutes. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. On May 25, 2022, Source link

After a tumultuous month for the crypto markets, Bitcoin (BTC) was poised to extend its losing streak to a record nine weeks. However, that scenario has been narrowly avoided after the leading cryptocurrency jumped in the late hours on Sunday to hit a seven-day high of $30,723. Though a modest correction brought Bitcoin down to $30,594 by press time, it is still up 5.5% on the last day, according to CoinMarketCap. Despite the latest positive sentiment, data from Coinglass shows that Bitcoin… Source link

A widely-followed crypto analyst says one decentralized autonomous organization (DAO) may amass a monumental influence over leading smart contract platform Ethereum (ETH). In a new video update, the pseudonymous host of Coin Bureau known as Guy tells his two million YouTube subscribers that liquid staking protocol Lido Finance could eventually become the de facto governance protocol for Ethereum. “In plain English, [Lido Finance] lets you stake proof-of-stake cryptocurrencies… Source link

Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs. In what should provide some desperately needed confidence to bulls, BTC/USD is back at weekly highs on May 30, gaining several percent overnight. In contrast to recent weekly closes, the May 29 candle managed to limit the downside and reverse course immediately as the new week began. Nonetheless, Bitcoin has now sealed nine red weekly candles in a row, something never seen before in its history. Just how bearish… Source link

Cryptocurrencies are a rage these days. Tech-savvy investors are increasingly adopting these new-age digital currencies as an alternative investment option. Even Kiwi investors are charmed by these cryptos and are foraying into the crypto world. As per reports, 64% of the Kiwi adults know what cryptocurrency is, which is much ahead of countries like the US and Russia, wherein only 59% and 60% of adults are aware of the nuances of cryptos. A lot of crypto exchanges are there in New Zealand… Source link

Ethereum formed a base near $1,740 and started a recovery wave against the US Dollar. ETH is now facing a major resistance near the $1,900 zone. Ethereum started a recovery wave above the $1,800 and $1,820 levels. The price is now trading above $1,820 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,900 and $1,920 resistance levels to… Source link

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the median-sized ethereum transaction fee on May 29 is around 0.00086 ether or $1.56 per transfer. Ethereum Gas Costs Sink to Lowest Levels Since July 2021 Ethereum network fees are the… Source link