The Monero price is attempting to rebound after falling sharply in September. The XMR token crashed by more than 34% from its highest level in September to a low of $212. It is currently trading at $246, which is about 15% above the lowest level in September. Its market capitalization is at $4.4 billion, making it the 35th biggest cryptocurrency in the world. What is Monero? Monero is one of the biggest cryptocurrencies in the world. The currency was created… Source link

An on-chain study released by Kraken Intelligence highlights strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5. Ethereum miners accumulated an additional 2 million Ether (ETH), worth $6.1 billion, after the so-called London hard fork’s activation. The latest bout of accumulation caused miners’ net Ether holdings to hit an all-time high of 22.3 million ETH (worth nearly $70 billion),… Source link

LTC coin price is currently seeing a correction from the downtrend and can soon reach the new high. It has seen a gain of more than 3% in the intraday session. Technical indicators of Litecoin suggests a strong downside momentum in price for the future. In contrast, LTC/BTC pair has seen a loss of more than 0.85% in the past 24 hours. LTC coin price is currently seeing a weak correction on the daily chart and can soon hit a new low in the future. Litecoin price is currently trading near… Source link

The XMR coin price is positive, around 2.2%, during the intraday trading session. The 24-hour trading volume is at $197 million. XMR/BTC pair is trading negative by -1.0% at 0.00558053 BTC. Daily technical chart and price trend of XMR coin show a bearish trend. Based on the pivot level, the first support zone is 225 USDT. From another perspective, if it rushes, the resistance level to watch is 285 USDT. Thus, the graph made a bullish engulfing candle pattern during the day, and the cost… Source link

Image Source: https://www.pexels.com/photo/money-finance-currency-coin-1036632/ Monero. The name rolls off the tongue like a romantic name. “Oh Monero,” you whisper in your sleep. But Monero isn’t just the name of your fantasy Italian boyfriend. It’s actually the Esperanto word for “coin”. And it’s what we call one of the earliest privacy coins. What makes it so private? Well, zero-knowledge proofs, for one. Without getting too technical, Monero lets you claim you’re so and so, without… Source link

Ethereum Ethereum rose by 1.59% on Wednesday. Partially reversing a 4.12% loss from Tuesday, Ethereum ended the day at $2,850.14. After a mixed start to the day, Ethereum rallied to a mid-day intraday high $2,950.60 before hitting reverse. Ethereum broke through the first major resistance level at $2,924 before falling to a late intraday low $2,781.99. Steering clear of the 38.2% FIB of $2,740 and the first major support level at $2,735, Ethereum bounced back to end the day $2,850 levels. At the… Source link

During the last 24 hours, the token was trading at $144.40 until it sharply fell to $140.23. After, it started to surge with the small volatility and reached $149.69 for now. The market capitalization is close to $9,978,941,565 which enables it to be in 16th place in the whole market. It was jumping by 3.2% during the last day with a trading volume of more than $2,676,033,219. Currently, there are 67 million tokens with a total supply of $84 million.Litecoin is considered a cryptocurrency… Source link

Following a huge surge in cryptocurrency prices this year, crypto is going through a consolidation period, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC’s “Squawk Box.” Levels To Watch: $40,000 is an important level for Bitcoin (CRYPTO: BTC) to hold, Novogratz said, adding that if it falls below $40,000, $38,000 will be the next level to watch. For Ethereum (CRYPTO: ETH), the $2,800 level “seems to be an important level to hold.” Novogratz noted the two… Source link

Crypto market analyst Justin Bennett is giving an update on his outlook for Cardano (ADA), Litecoin (LTC), and Polkadot (DOT). Bitcoin has been selling off gradually since topping out just under $53,000 in early September. Bennett expects lower altcoin prices in the short term as BTC looks for stability.   Starting with Cardano, the strategist tells his 70,800 Twitter followers that ADA is facing resistance at $2.30 after failing to reclaim that level last week. “Remember how… Source link

Litecoin token over the monthly chart is projecting a bearish rally since the past few trading sessions, with no sign of solid reversal.  Currently, the crypto asset is trading below its all vital moving averages of 20, 50, 100, and 200-day lines, with below-average volume activity. The pair of LTC/BTC is trading positively at 0.003518 BTC with a minor 24-hour gain of +0.75%, and the ratio of LTC/ETH is CMP at 0.05091 ETH with an intraday gain of +1.24%.   tradingview Litecoin token at… Source link