Ripple and Litecoin have been quite weak since early Spetember, when the second bearish phase started in the crypto market. Other major cryptocurrencies have turned quite bullish, with Bitcoin trading above $60,000 and Ethereum heading for all-time highs, while tyhese two cryptos ate not showing any bullish signs, although the situation might be changing slowly. Litecoin Daily Chart Analysis – Will the 200 SMA Go Soon? The price sticking to the 200 daily SMA too long Litecoin has been trying… Source link

Ethereum is currently retesting September’s daily highs with the momentum pointing towards a new ATH.  Fundstrat Global Advisors indicated that the second-largest digital asset by market capitalization, Ethereum, could soon set a new record of $4,900. According to the company’s technical analytics, the rising market share of Ethereum is a major factor in its future growth prospects. “Ethereum looks to be starting to gain on bitcoin after a near one-month period of underperformance… Source link

Bitcoin Bitcoin, BTC to USD, rose by 12.48% in the week ending 17th October. Following a 13.37% rally from the week prior, Bitcoin ended the week at $61,504.0. A mixed start to the week saw Bitcoin fall to a Tuesday intraweek low $53,837.5 before making a move. Steering well clear of the 23.6% FIB of $50,473 and the first major support level at $48,909, Bitcoin rallied to a Saturday intraweek high $62,900.0. Bitcoin broke through the first major resistance level at $58,462 and the second major… Source link

Ethereum Ethereum rose by 0.46% on Sunday. Partially reversing a 1.04% decline on Saturday, Ethereum ended the week up by 12.66% to $3,847.18. A bullish start to the day saw Ethereum rise to a mid-morning intraday high $3,919.00 before hitting reverse. Falling short of the first major resistance level at $3,931, Ethereum slid to a late intraday low $3,643.00. Ethereum fell through the first major support level at $3,765 and the second major support level at $3,700. Finding late support, however,… Source link

SOPA Images/Getty Bitcoin is at it once again. The original Source link

SOPA Images/Getty Bitcoin is at it once again. The original Source link

In this article BTC.CB= A bitcoin bull is on pullback watch. Hedge fund manager Mark Yusko believes investors will take profits due to the cryptocurrency’s sharp rally over the last few weeks. “There are a lot of people that think we could hit $100,000 by the end of the year. The stock to flow model says we should,” the Morgan Creek Capital Management CEO and CIO told CNBC’s “Trading Nation” on Friday. “I also wouldn’t be surprised of a little consolidation. Look, we’re up 40% this month which… Source link

Macro guru Raoul Pal says three price prediction charts for Bitcoin, Ethereum and Solana are working like “pure magic.” In a new Crypto Banter podcast, the co-founder and chief executive officer of Real Vision compares Bitcoin’s current market cycle to that of 2012-13, suggesting a price target of over $250,000 for the end of this bull run.   “I’ve been using this for over a year, and it’s been pure magic…It gives us a pretty clear target, and it’s been magic. It… Source link

Bitcoin (BTC) market’s tendency to crash by over 80% after logging strong bull runs might come to an end. That is according to a new report published by California-based hedge fund Pantera Capital. In detail, the report notes that the recent periods of BTC price drops have been less severe than in the past. For instance, in 2013-15 and 2017-18, Bitcoin crashed by as much as 83% after topping out near $1,111 and $20,089, respectively. Similarly, the cryptocurrency’s bull run in 2019-20 and… Source link

Key Support level: $3,600 Key Resistance level: $3,900 Over the weekend, the second-largest cryptocurrency has consolidated just under the current resistance range of $3,900. However, similarly to Bitcoin, before ETH attempts to break its current all-time high at $4,380, it could retest the key support level as shown in the following ETH/USD chart. In case of a retest to confirm the $3600 level as support, ETH’s price might surpass $4,000 before the end of the month…. Source link