Litecoin sees strong selling pressure but defends $50, what next for LTC

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The higher timeframe structure remains bearish for Litecoin Reaction at the $52 zone could reveal the path forward Litecoin [LTC] has faced resistance at the $55 mark since mid-September when the price crashed from $58 to $50. In October, LTC faced rejection at this resistance yet again. The downtrend of the past two weeks was pronounced on… Source link

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Ethereum (ETH) Price Up, But Why Bulls Still Can’t Rejoice

Ethereum (ETH) price is noting a minor uptick on the daily chart, but technical data paints a shaky picture of the coin’s short-term trajectory.  Ethereum price, much like the larger cryptocurrency market, was stuck in a rut, apart from the occasional gains from some altcoins. Bitcoin and Ethereum, the top two coins, have more or less maintained a range-bound momentum failing to cross over their immediate resistance marks.   Despite the larger market’s sluggish momentum, Ethereum saw… Source link

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Ethereum Looks for a Bottom at the $1,300 Level, ENS, HT, APE, Oct. 17

Ethereum Looks for a Bottom at the $1,300 Level, ENS, HT, APE, Oct. 17

ETH makes a Monday move with stocks. ENS rises 10% for the week. Huobi Token tops the market after sale. APE risks SEC scrutiny. ETH The Ethereum price was higher by 0.25% over the last week after a rally on Monday. Stock markets are showing signs of life at the start of the week and that will support cryptocurrencies. ETH Price Index Last week saw inflation dip on the month but it was still at decades highs…. Source link

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Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks

Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks

Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks climb as U.S. dollar heads lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $19,672 on Bitstamp, up 3.5% versus the weekend’s lows. The pair rose in line with stocks, with the S&P 500 and Nasdaq Composite Index gaining 2.7% and 3.2%, respectively within thirty minutes’ trading. The action… Source link

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BTC Back Above $19,000 to Start the Week – Market Updates Bitcoin News

BTC Back Above $19,000 to Start the Week – Market Updates Bitcoin News

Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following recent sell-offs. Following a low of $19,118.19 on Sunday, BTC/USD raced to an intraday high of $19,491.33… Source link

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Ethereum In Tight Range – Will Pressure Push ETH Below $1,250?

Ethereum, the undisputed ruler of the altcoin market, is now stuck in a bear market as the token struggles to break the $1,300 resistance level. However, the current market price is $1,302.87, only 0.22 percent more than the key psychological buy point. Despite how good this sounds, the way the market is moving right now, the bear market is likely to continue this month, which is not good news for ETH. The possibilities of a bear market recovery for ETH are slim… Source link

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Will ADA overtake Ethereum? Cardano is on the rise to replace ETH in the long-run

Will ADA overtake Ethereum? Cardano is on the rise to replace ETH in the long-run

Famous crypto YouTuber claims that Cardano will surpass Ethereum in market cap and users in the next ten years. Cardano is among the top blockchains whose development activities have been rising recently. Founder of BitBoy crypto and controversial crypto YouTuber, Ben Armstrong, has made a sensational claim. Armstrong said he believes that Cardano will eventually surpass Ethereum (the second-largest… Source link

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Litecoin’s celebrations may cut short thanks to this event gate-crasher – AMBCrypto News

Litecoin [LTC] had some good news to share with the crypto community as it mentioned that LTC had zero downtime in over 11 years of its existence. This represented the reliability of the blockchain. Moreover, Litecoin also marked its 11th birthday, which in itself was a commendable achievement.  #Litecoin has zero downtime in over 11 years of existence. The longest uninterrupted uptime in #crypto. pic.twitter.com/mLXLpMhk1p — Litecoin (@litecoin) October 15, 2022 However, these positive… Source link

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Ethereum Rival Could Generate 900% Growth for Long-Term Bulls as One Altcoin Gears Up for Fresh Rally: Analyst

A crypto strategist who continues to build a following with timely altcoin calls says one Ethereum (ETH) challenger could generate massive growth for long-term holders. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that he believes smart contract platform Solana (SOL) looks primed for a fresh leg down. However, the popular crypto analyst also says that the potential move down could present a prime opportunity for SOL bulls. “I think range lows are… Source link

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The next big meme coin that might outcast Litecoin and Decentraland

ANI | Updated: Oct 17, 2022 13:29 IST New Delhi [India], October 17 (ANI/ATK): Cryptocurrencies have taken the world by storm. The rise and emergence of digital coins have revolutionised several industries; even the economy and society at large. Investors are making millions as coins bridge the gap between traditional financing and new-age blockchain technology. This is because… Source link

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