Ethereum Ethereum rallied by 3.82% on Wednesday. Following on from a 1.30% gain on Tuesday, Ethereum ended the day at $403.18. It was a bearish start to the day. Ethereum fell from an early morning high $388.69 to a late morning intraday low $376.64. Steering clear of the first major support level at $375.83, Ethereum rallied to a late afternoon intraday high $409.00. Ethereum broke through the first major resistance level at $395.58 and the second major resistance level at $402.84. Coming up… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 4th, 2020
Ethereum Ethereum rose by 1.30% on Tuesday. Partially reversing a 3.42% slide from Monday, Ethereum ended the day at $388.32. It was a mixed start to the day. Ethereum rose to an early morning high $385.68 before hitting reverse. Falling short of the first major resistance level at $399.15, Ethereum slid to an early morning intraday low $370.50. The sell-off saw Ethereum fall through the first major support level at $372.94. Finding support at $370, Ethereum rallied to a late intraday high… Source link
Read More »Litecoin, Cosmos, BAT Price Analysis: 03 November
Bitcoin Dominance was at 64.5, a rising trend in recent weeks. The altcoin markets continued to show weakness, as many crypto-assets showed bullish developments technically but the moves upward were short-term in nature and ultimately unable to shrug off bearish pressure. Litecoin was likely to trade at $50 in the coming days, while Cosmos showed a bullish divergence and could see a bounce of nearly 7%. Basic Attention Token could see a minor move upward in the coming hours before another… Source link
Read More »Litecoin (LTC) Closes Prior Hour Up 0.33%; Moves Down For the 2nd Day In A Row
The Hourly View for LTC Last Updated November 3, 2020, 01:036 GMT At the moment, LTC’s price is up $0.18 (0.33%) from the hour prior. The hourly chart shows that LTC has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 3rd, 2020
Ethereum Ethereum slid by 3.42% on Monday. Reversing a 2.63% gain from Sunday, Ethereum ended the day at $383.33. It was a mixed start to the day. Ethereum rose to an early morning intraday high $404.57 before hitting reverse. Ethereum broke through the first major resistance level at $401.34 before sliding to a mid-day intraday low $378.36. The sell-off saw Ethereum fall through the first major support level at $388.78 and the second major support level at $380.66. Steering well clear of… Source link
Read More »Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation hit Venezuela already use bitcoin as a store of value as well as for cross border payments. Plans of Adding Bitcoin-Petro Trading… Source link
Read More »Litecoin (LTC) Closes Last Hour Down $-0.25; Pin Bar Pattern Appearing on Chart, in an Uptrend Over Past 30 Days
The Hourly View for LTC Last Updated November 2, 2020, 01:036 GMT Currently, LTC’s price is down $-0.25 (-0.44%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 200 hour moving average has been crossed, so that price is now turning below it. The moving… Source link
Read More »Bitcoin, Ethereum, Litecoin, Ripple’s XRP, Chainlink – Daily Analysis – November 1st, 2020
The overall market conditions have finally been able to revive its positive momentum with Bitcoin and Ethereum both performing positive on Sunday’s market session The overall market capitalization stands at $400.28 Bitcoin with an increase of 1.00% over the day The overall volume traded of the market stands at $79.25 Bitcoin resulting in a decrease of -5.00% over the day The dominance of the crypto king has reached to 63.58% resulting in an increase of… Source link
Read More »Bitcoin, Ethereum, Ripple’s XRP, Chainlink, And Litecoin Have Suddenly Surged—Here’s Why
Bitcoin, set to close the month of October with gains of over 25%, has surged again—adding almost 5% in the last 24 hours and pushing it over the psychological $14,000 level for the first time since early 2018. Bitcoin’s latest rally has boosted the price of other major cryptocurrencies, including ethereum, Ripple’s XRP, chainlink, and litecoin, all up between 3% and 5%. The bitcoin price surge over $14,000 per bitcoin comes shortly after a number of huge bitcoin transactions—worth… Source link
Read More »Litecoin (LTC) Closes Prior Hour Up 0.02%; Moves Down For the 3rd Straight Day, in an Uptrend Over Past 30 Days
The Hourly View for LTC Last Updated October 31, 2020, 01:037 GMT Currently, LTC’s price is up $0.01 (0.02%) from the hour prior. LTC has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on LTC. Given that we see an uptrend on… Source link
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