Litecoin

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 28th, 2020

Ethereum Ethereum rose by 3.22% on Tuesday. Reversing a 3.25% slide from Monday, Ethereum ended the day at $405.74. It was a relatively range-bound start to the day. Ethereum fell to a late morning intraday low $390.35 before making a move. Steering clear of the first major support level at $379.73, Ethereum rallied to a late intraday high $411.77. Ethereum broke through the first major resistance level at $408.99, before easing back to $405 levels. At the time of writing, Ethereum was down by… Source link

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Litecoin long-term Price Analysis: 27 October

Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Litecoi long-term market and its impact on the price. The ball has been set in motion for an altcoin rally as Bitcoin sees a renewed interest in the market. Although many altcoins were devoid of much volatility in the past, this rally has provided a chance to break out of the consolidation and move higher. Litecoin [LTC] has been reaping benefits of this Bitcoin-driven growth and has been trading… Source link

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Bitcoin price will triple by following current trend

Source:https://cdn.pixabay.com/photo/2017/12/17/14/12/bitcoin-3024279__340.jpg Banking giant JPMorgan states in a new analysis that the Bitcoin price may double or triple if the current trend continues. According to the analysts, Bitcoin can take decisive market shares from gold and serve as a future store of value. The Bitcoin price bounced back again yesterday at the $13,240 mark and fell to $12,765. After a short time, new buyers entered the market and Bitcoin was able to recover at the… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 27th, 2020

Ethereum Ethereum slid by 3.25% on Monday. Following on from a 1.48% fall on Sunday, Ethereum ended the day at $393.12. A bullish start to the day saw Ethereum rise to an early morning intraday high $411.7 before hitting reverse. Falling short of the first major resistance level at $415.24, Ethereum slid to a late afternoon intraday low $382.21. Ethereum fell through the first major support level at $400.30 and the second major support level at $394.14. Steering clear of sub-$380 levels, Ethereum… Source link

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He earned the most among the top 65 cryptocurrencies

Silhouette man holding up a gold trophy cup as a winner in a competition Litecoin (LTC) became the top earner of the top 65 cryptocurrencies last week, after growing by over 21.50%, according to CoinMarketCap. Thanks to this, the crypto currency rose to 8th place in the market and managed to surpass Polkadot (DOT). This was a move that came after a very positive week on behalf of cryptocurrencies, including PayPal’s announcement to support cryptocurrencies. Litecoin Becomes Market… Source link

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Bitcoin and Litecoin – Weekly Technical Analysis – October 26th, 2020

Bitcoin Bitcoin rallied by 13.20% in the week ending 25th October. Following on from a 1.18% gain from the week prior, Bitcoin ended the week at $13,037.0. It was a mixed start to the week. Bitcoin fell to a Monday intraweek low $11,417.0 before making a move. Steering clear of the first major support level at $11,173, Bitcoin rallied to a Sunday intraweek high $13,358.0. Bitcoin broke through the week’s major resistance levels to visit $13,000 levels for the first time since July 2019. A… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 26th, 2020

Ethereum Ethereum fell by 1.48% on Sunday. Reversing a 0.74% gain from Saturday, Ethereum ended the week up by 7.37% to $406.46. A bullish start to the day saw Ethereum rise to an early morning intraday high $417.86 before hitting reverse. Ethereum broke through the first major resistance level at $417.25 before sliding to a late afternoon intraday low $402.92. Falling through the first major support level at $407.65, Ethereum found support to wrap up the day at $406 levels. The second major… Source link

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LTC ready to shoot above $60 as network usage skyrocketing

LTC/USD has settled above a significant technical barrier. On-chain metrics imply that the price is positioned for further growth. Litecoin (LTC) is the 8th largest digital asset with a current market capitalization of $3.8 billion and an average daily trading volume of $3.7 billion. The coin has gained over 23% in the last seven days, becoming the best-performing cryptocurrency out of top-10 on a week-on-week basis, The coin topped at $59.9 on October 25 before… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020

Ethereum Ethereum fell by 1.23% on Friday. Partially reversing a 5.96% rally from Thursday, Ethereum ended the day at $409.52. It was a mixed start to the day. Ethereum rose to a late morning intraday high $419.48 before hitting reverse. Falling short of the first major resistance level at $427.00, Ethereum slid to a late afternoon intraday low $401.51. Steering clear of the first major support level at $396.86, Ethereum recovered to $410 levels before easing back. At the time of writing,… Source link

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LTC pullback to $50 seems imminent before breaking out

PayPal’s support for Litecoin triggered the recent upward price action. LTC/USD loses steam towards $60 as investors sell the news; correction to $50 is likely. Litecoin traded within a whisker of $70 in August following a remarkable recovery from March’s crash. However, the cryptoasset resumed the downtrend within a descending parallel channel. For more than two months, LTC/USD sustained nursed wounds but was treated to occasional pull-ups. September’s support,… Source link

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