bitcoin

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 18th, 2021

Ethereum Ethereum slid by 4.73% on Friday. Following a 1.30% loss on Thursday, Ethereum ended the day at $3,400.00. A mixed start to the day saw Ethereum rise to an early morning intraday high $3,595.00 before hitting reverse. Falling short of the first major resistance level at $3,669, Ethereum slid to a late intraday low $3,350.06. Ethereum fell through the first major support level at $3,476 and the second major support level at $3,383. The extended sell-off also saw Ethereum fall through the… Source link

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Litecoin bulls must hold $180 or bears will push LTC price to $140

Litecoin price rejected from moving above $200. Head-and-shoulders pattern warns of strong moves lower, surpassing August lows. Oscillator values void any near-term support holding. Litecoin price has not done very well since the false report on Walmart accepting Litecoin news came out on Monday. Despite the fake news, many bulls and bears thought there might have been some strong follow-through higher, but the past two trading sessions have resulted in lower… Source link

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Bitcoin, Ethereum, Crypto News and Price Data – Coindesk

“Cards 17, 18 and 19 were all initially misprinted, but there was a mistake that made 18 and 19 unsellable,” explained Uhrig. “Back in 2017, nobody cared that you had test code on Ethereum. We just re-deployed all three after fixing [the error]. People eventually found [card #17b] because it lives on the blockchain. The market has definitely spoken, people think of it as an essential in a full set.” Source link

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Bitcoin, Ethereum, Crypto News and Price Data – Coindesk

“The combination of fundamental metrics presented on-chain, bullish technical indicators and soft macro picture allows us to confirm our view of a bullish run through the remainder of the year,” FundStrat, a global advisory firm, wrote in a Wednesday report. “We are buyers of BTC and ETH into any near-term selling.” Source link

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Bitcoin is ‘playing mind games’ as its price coils into a tighter range

The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation for a move one way or another.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has oscillated between $47,150 and $48,150 in trading on Friday as the lack of any major developments or headline-grabbing stories has led to a… Source link

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Monero, Ethereum Classic, Dogecoin Price Analysis: 17 September

Monero lost 2% of its valuation over the last 24 hours and could attempt to revisit its month-long low of $233.25. Ethereum Classic depreciated by 1.7% while Dogecoin rose by 3.9%. However, key parameters for the coin still indicated bearishness.  Monero [XMR] XMR/USD, TradingView Monero declined by 2% over the last 24 hours and was trading at $260.30. The nearest support zone for the altcoin was around $252.32. On the four-hour chart, the altcoin’s price was well below the 20-SMA line… Source link

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Litecoin Scammers Fail to Derail Markets from Marching Upwards – Weekly Roundup

Incremental steps towards broader adoption occurred this week, highlighted by Cuba and its release of new regulations surrounding digital assets.  On the technical side of things, a ‘golden cross’ has traders excited, despite scammers toying with markets earlier in the week. Cuba Regulates El Salvador has made BTC legal tender, Ukraine has formally recognized digital assets, and now Cuba has officially recognized and released regulations for digital assets and service providers.  This is… Source link

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Ether should be 55% lower and is facing tough competition from solana and other blockchains, JPMorgan strategist says | Currency News | Financial and Business News

The cryptocurrency ether runs on the ethereum network. Dado Ruvic/Reuters Ether’s fair value is around $1,500 based on measures of network activity, a JPMorgan strategist has said. That’s roughly 55% lower than Friday’s price of around $3,470 for ethereum’s token. Nikolaos Panigirtzoglou said ethereum is facing growing smart-contract competition from other blockchains. See more stories on Insider’s business page. Ether’s fair value is around $1,500 based on measures of… Source link

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Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action

Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on Friday, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast. Next stop $85,000 for BTC/USD Despite BTC/USD being kept below $50,000 this week, on-chain metrics have led analysts to stay firmly bullish on Bitcoin price action. Decentrader analyst Filbfilb is no exception, forecasting not only a rematch… Source link

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$250 Remains a Steady Support Zone

Monero price is on range-bound trading after dropping from the week’s upper resistance level a few sessions ago. According to CoinMarketCap, the altcoin has had its trading volume drop by 19.74% over the past 24 hours. Besides, its market cap is now at $4.68 billion, down by 3.24. At the same time, the global crypto market cap has declined by 2.60% from the previous session. In the short term, $250 will likely remain a steady support zone for the… Source link

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