Litecoin (LTC) Receives a Neutral Rating Saturday: Is it Time to Jump Ship? – InvestorsObserver

Litecoin (LTC) Receives a Neutral Rating Saturday: Is it Time to Jump Ship? – InvestorsObserver

Litecoin (LTC) gets a neutral rating from InvestorsObserver Saturday. The crypto is down 5.42% to $55.51 while the broader crypto market is down 4.33%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

Read More »

BTC Moves Towards $22,000 to Start the Weekend – Market Updates Bitcoin News

BTC Moves Towards $22,000 to Start the Weekend – Market Updates Bitcoin News

Bitcoin moved towards $22,000 to start the weekend, as prices consolidated following Friday’s gains. Price uncertainty has heightened in crypto in the aftermath of recent rallies, which has pushed several tokens towards overbought territory. Ethereum also slipped on Saturday. Bitcoin Bitcoin (BTC) prices fell on Saturday, as price uncertainty in crypto markets continued to heighten following recent gains. The world’s largest cryptocurrency fell by over $1,000 in the past 24 hours,… Source link

Read More »

Analysts Predict Litecoin (LTC) and Tron (TRX) Will Be Outperformed By Degrain (DGRN) – CryptoMode

Analysts Predict Litecoin (LTC) and Tron (TRX) Will Be Outperformed By Degrain (DGRN) – CryptoMode

Litecoin and Tron have paid their dues in the crypto world since they came on the scene. LiteCoin (LTC) emerged just in time for Bitcoin investors in dire need of lower transaction fees and more accessibility. Tron (TRX) aimed to provide more independence and power to its investors and content creators. After their launch, both found success and delivered massive profits to their customers and users.  However, the bearish market run of the first half of 2022 didn’t spare both coins. LTC… Source link

Read More »

Litecoin price analysis: LTC faces trouble at $56.9 as bearish pressure builds

The Litecoin price analysis reveals a bullish trend today as it indicates a slight rise in the price levels. The coin showed good bullish price action during the past week as the price was recovering at a steady pace. But now, the trend line is slowly turning downwards as bears are showing strength. Nevertheless, bulls have taken the lead back today, and the price has slightly increased. However, the bearish pressure still weighs on the price function, and the trend can undergo a change at… Source link

Read More »

Bitcoin Traders in Argentina Restricted From Buying Dollars

Argentina, a country battered by sky-high inflation, is restricting Bitcoin traders from buying U.S. dollars at the official exchange rate in a bid to tame capital flight.  In a Thursday announcement, the country’s central bank said that those who have bought Bitcoin or any other digital asset in the past 90 days with pesos will not be able to access the single free exchange market (Mercado Único y Libre de Cambio—MULC) and buy dollars at the official rate.  The idea is to stop money… Source link

Read More »

Should You Sell Monero Classic (XMC) Friday?

Monero Classic receives a strong long-term technical score of 99 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, XMC holds a superior long-term technical analysis score than 99%… Source link

Read More »

Crypto market cap climbs 15% in a week following Ethereum Merge date revelation

Crypto market cap climbs 15% in a week following Ethereum Merge date revelation

It has been a volatile yet positive week for cryptocurrencies, as traders ignored the warnings from crypto winter veterans that there was more downside in store and jumped back into the market at the first sign of rising prices.  Evidence for the reversal in sentiment can be found in the Crypto Fear & Greed Index, which has climbed into the fear zone after spending a record time in the extreme fear territory due to collapsing prices in May and June. Crypto Fear & Greed Index. Source:… Source link

Read More »

Ethereum Shows Signs Of Exhaustion, But Could It Still Touch $1,700?

The crypto market has extended its bullish momentum despite recent tailwinds, Ethereum continues to lead in this recovery. The second crypto by market cap trades at $1,600 with a 35% profit in the past week. Related Reading | Crypto Market On The Mend: ApeCoin And Curve DAO Show Gains Trading firm QCP Capital shared a market update claiming the current bullish price action has been a “pleasant surprise for all”. This price action started on the back of the latest U.S. Consumer Price… Source link

Read More »

Is Monero (XMR) Trending Lower or Higher Friday?

Monero receives a strong long-term technical score of 74 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMR currently holds a superior long-term technical analysis… Source link

Read More »

Pro Bitcoin traders are uncomfortable with bullish positions

Pro Bitcoin traders are uncomfortable with bullish positions

The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC), Voyager, Babel Finance and Celsius crises remain uncertain. Moreover, the contagion has claimed yet another victim after Thai crypto exchange Zipmex halted withdrawals on July 20. Bitcoin/USD 1-day price. Source: TradingView Bulls’ hopes depend on the $23,000 support strengthening as time goes by,… Source link

Read More »