Ethereum Ethereum tumbled by 27.63% on Wednesday. Reversing a 2.82% gain from Tuesday, Ethereum ended the day at $2,443.91. A mixed start to the day saw Ethereum rise to an early morning intraday high $3,444.96 before hitting reverse. Falling short of the first major resistance level at $3,549, Ethereum tumbled to an early afternoon intraday low $1,900.00. Ethereum fell through the day’s major support levels. More significantly, Ethereum also fell through the 23.6% FIB of $3,369 and the 38.2%… Source link
Read More »Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Analysis: Panic Selling Hits Cryptos
Bitcoin (BTC/USD), Ethereum (ETH/USD),Litecoin (LTC/USD), Technical Analysis – Talking Points Marketwide volatility hit cryptocurrencies on worst day since early 2020 Bitcoin could be vulnerable after prices took out the key 200-day SMA Ethereum eyeing 100-day SMA, Litecoin took out medium-term trendline Bitcoin Technical Outlook Bitcoin suffered its worst daily drop in over 14 months on Wednesday. Weakness wasn’t just isolated to BTC, but felt throughout digital currencies in one amplified… Source link
Read More »Litecoin Price Crash. Will it Recover From The Bloodbath
After losing 69% in 10 days, in what can only be described as a bloodbath, many will be wondering if the litecoin price can ever recover. After the sell-off earlier in the week, there seemed to be some signs of stability returning to the cryptocurrency market. Bitcoin had held around $48,000, Ethereum seemed to be finding some buying in the $36,00 to $38,00 range. When trading started yesterday, the Litecoin price was already down 30% from its 10th of May high of… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 19th, 2021
Ethereum Ethereum rose by 2.82% on Tuesday. Partially reversing an 8.41% slide from Monday, Ethereum ended the day at $3,375.96. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,241.06 before making a move. Steering clear of the first major support level at $3,064, Ethereum rallied to a late morning intraday high $3,567.40. Ethereum broke through the 23.6% FIB of $3,369 and the first major resistance level at $3,546 before hitting reverse. The reversal saw Ethereum… Source link
Read More »Litecoin Continues To Trend Lower
Over the past two weeks, Litecoin (CRYPTO:LTC) has been in a steep downtrend. It has dropped by more than 25%. If the downtrend continues, it may end around the $225 level. This is where it found support in April and a large rally followed. Of course, there’s no guarantee it happens again… but there’s a chance it does. See Also: How To Buy Litecoin Watch “Moon or Bust” Live at… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 18th, 2021
Ethereum Ethereum slid by 8.41% on Monday. Following a 1.71% decline on Sunday, Ethereum ended the day at $3,283.32. A mixed start to the day saw Ethereum rise to an early morning intraday high $3,590.00 before hitting reverse. Falling short of the first major resistance level at $3,861, Ethereum slid to a late afternoon intraday low $3,108.00. The sell-off saw Ethereum fall through the 23.6% FIB of $3,369 and the first major support level at $3,327. Finding late morning support, Ethereum briefly… Source link
Read More »Bitcoin, Litecoin Aim Higher After Cryptos Get Musked Over Weekend
Bitcoin, Litecoin, Elon Musk, Cryptocurrency– Talking Points Crypto market recovering after Elon Musk tweets inject volatility over weekend Bitcoin may turn higher after bouncing from prior support turned resistance Litecoin maintains broader trend higher, bouncing from its 50-day SMA Bitcoin is up against the ropes, now down more than 30% from its all-time high back in April when the cryptocurrency hit 64,895.22 before breaking below a key trendline. The asset has been no stranger to… Source link
Read More »Litecoin Is a Viable Altcoin That Has a Good Upside Opportunity
Litecoin (CCC:LTC-USD) is one of the oldest cryptocurrencies, launched in 2011, with a focus on peer-to-peer transactions, by computer scientist Charlie Lee. Two years later he went to work at Coinbase (NYSE:COIN) and in late 2017 he sold all his Litecoin. Source: Wit Olszewski / Shutterstock.com This was very controversial at the time, and it cast a pall on the cryptocurrency. But then he left Coinbase and came back to head to Litecoin Foundation. Since then Litecoin has… Source link
Read More »Live Bitcoin, Dogecoin, Ethereum, Litecoin price and news: Elon Musk 'working with Dogecoin' – Birmingham Live
Dogecoin support coming to Coinbase in ‘weeks’ Major cryptocurrency trading platform Coinbase said that it will be adding support for dogecoin in the coming weeks. The announcement came in response to the first question asked during the investor call that followed its debut results after it listed on the stock market earlier this year. Chief executive Brian Armstrong said the company is keen on adding more assets, and that dogecoin would be one of those in the next “six to eight… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 17th, 2021
Ethereum Ethereum fell by 1.71% on Sunday. Following a 10.56% slide from Saturday, Ethereum ended the week down by 8.73% to $3,585.62. A mixed start to the day saw Ethereum rise to a late morning intraday high $3,878.23. Falling short of the first major resistance level at $3,981, Ethereum slid to a late intraday low $3,343.57. The sell-off saw Ethereum fall through the first major support level at $3,475 before a partial recovery to $3,580 levels. At the time of writing, Ethereum was down by… Source link
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