The retreat in the cryptocurrency market has accelerated in the last two days, after the strong bullish momentum early last week, which pushed cryptos to some record highs. Certain cryptocurrencies have lost 20% of the value so far this week, while some remain stronger than others and are holding on better. Avalanche and Litecoin are among these cryptocurrencies, which look very tempting to buy since they declined less and are brushing off the losses pretty fast. Avalanche Daily Chart… Source link

Litecoin’s (CRYPTO: LTC) price has decreased 10.47% over the past 24 hours to $241.18, continuing its downward trend over the past week of -10.0%, moving from $262.85 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or… Source link

MittGroup CEO Grant Mitterlehner tells Neil Cavuto Bitcoin is ‘the new gold.’ Bitcoin is trading above the $60,000 per coin mark on Tuesday after briefly tumbling below that level earlier in the day.  The world’s largest cryptocurrency has dropped more than 5% in the past 24 hours as of the time of publication, but it’s year-to-date returns are still up approximately 110%, according to CoinDesk. Meanwhile, Ethereum has dropped more than 7% to around $4,300 per coin.  Although the… Source link

What happened Most major cryptocurrencies saw intense selling pressure Monday evening and into early Tuesday morning. Among the biggest losers over the past 24 hours were Algorand (CRYPTO:ALGO), Litecoin (CRYPTO:LTC) and Chainlink (CRYPTO:LINK). These tokens lost between 12% and 13% each, as of 9 a.m. EST Tuesday. Investors may want to note, this wasn’t any old token-specific decline. Algorand, Litecoin, and Chainlink were merely among today’s… Source link

Flying Crypto’s on Twitter NEW YORK (PRWEB) November 16, 2021 Market Analyist @FlyingCryptos on Twitter, in the video here which garnered over 25K views, explains his outlook on the LTC/BTC chart. Looking at the monthly timeframe, Litecoin has developed a multi-year falling wedge pattern since the end… Source link

PALM BEACH, Fla., Nov. 16, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary – As recently reported on Voi.id, observers from Finder.com predict the price of the number of cryptocurrencies will increase soon, including Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH). Reporting from Bitcoin.com News, observers say that the price of the cryptocurrency Dogecoin is predicted to break the US $1.21 (around IDR 17,448) in 2025. Meanwhile, Litecoin’s price is predicted to reach US

Crypto prices have been on a tear this year. Ozan Kose/AFP/Getty Images

There are a few good reasons why Bitcoin (CRYPTO:BTC) gets a lot of attention from crypto investors. For one thing, it was the first cryptocurrency. And second, its value has reached meteoric highs, with a gain of more than 300% over the past year.  Finding the next Bitcoin has become the primary focus for some crypto investors, and for them, I propose that they turn their attention to Ethereum (CRYPTO:ETH). There’s no guarantee that Ethereum will… Source link

Over the very long-term, no asset class has been more successful at making investors richer than the stock market. Although there have been instances where housing, bonds, oil, and other commodities have outperformed equities in the short-term, no other investment vehicles have produced a higher average annual return than stocks. Over the short-term, it’s a completely different story. Since the coronavirus pandemic trough for equities in March 2020,… Source link

Ethereum Ethereum fell by 1.33% on Monday. Following a 0.37% decline on Sunday, Ethereum ended the day at $4,565.06. A bullish start to the day saw Ethereum rise to an early afternoon intraday high $4,770.00 before hitting reverse. Ethereum broke through the first major resistance level at $4,709 before sliding to a late intraday low $4,541.00. Steering clear of the first major support level at $4,530, however, Ethereum ended the day at $4,560 levels. At the time of writing, Ethereum was down by… Source link