Going long on Litecoin might be a good idea if it touches these lows

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Candlewicks on daily charts into an area of former supply, currently demand zone can see a bullish impulse move away from the liquidity pocket. Such a scenario could be brewing for Litecoin on the daily charts. Despite the fear in the crypto markets in recent weeks, and although the overall trend for the coin was bearish since November, a region on the… Source link

Read More »

5 Reasons Why Ethereum Is The Next Big Thing

5 Reasons Why Ethereum Is The Next Big Thing

  Bitcoin, which has been on the market capitalization charts from the beginning of the crypto revolution, has so far been the clear consensus pick. Although in recent times, the Bitcoin blockchain has begun to show its obsolescence. It has a lot of real-world problems, one of the major issues being its inability to scale. A variety of competing blockchain implementations have cropped up to ease some of the underlying faults related with Bitcoin’s blockchain in the war for… Source link

Read More »

Bitcoin, Ethereum, Crypto News and Price Data – CoinDesk

Bitcoin, Ethereum, Crypto News and Price Data – CoinDesk

You can think what you want about the correlation between bitcoin and inflation. In the end, bitcoin is a lot of things to a lot of people, and that’s what makes it exciting to watch. Some people think of it as a technology. To others, it’s a form of payment or simply a store of value, whether inflation is high or low. Source link

Read More »

Ethereum 2.0 Coming in Q2, ‘Will Lay to Rest’ Energy Concerns: Joe Lubin

ConsenSys CEO and Ethereum co-founder Joe Lubin is still confident that the next era of Ethereum will arrive within the next few months.  In an interview with Decrypt last December in Miami, Lubin predicted Ethereum 2.0 would come “by Q2 or possibly slipping into Q3” of this year. Last week, during a fireside chat at the Camp Ethereal crypto event in Wyoming, Lubin stuck with that predicted timing.  “The merge is happening, surprisingly, on that same timeframe,” said Lubin. “So my… Source link

Read More »

ETH derivatives show pro traders are worried about Ethereum’s $2.5K support

ETH derivatives show pro traders are worried about Ethereum’s .5K support

Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, signaling a solid support level. Ether/USD price at FTX. Source: TradingView On March 15, Ethereum developer Tim Beiko announced that the Kiln testnet — formerly Ethereum 2.0 — successfully passed the Ethereum “Merge.” The process involves taking Ethereum’s Execution Layer… Source link

Read More »

How to sell Litecoins in Nigeria 2022 — Breet App

If you have always wanted to know how to sell Litecoins in Nigeria, then follow these simple steps to find out how:   Topics:   – How to trade Litecoin in Nigeria – Choosing Exchange Platform – How to withdraw – Important factors – Alternatives   How to trade Litecoin in Nigeria If you are in Nigeria, one of the easiest ways to trade your Litecoins is through a cryptocurrency exchange. If you already have your savings there, skip to step 4. And if not, crypto… Source link

Read More »

Bitcoin faces new ‘milestone’ in 2022 as new forecast predicts BTC price ‘in the millions’

Bitcoin “may be primed” for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed. In a tweet on March 17, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, released a fresh bullish take on Bitcoin’s (BTC) future under the current macro conditions. Gold beating Bitcoin is “unlikely” this year Well known for his belief in Bitcoin coming from the latest global financial turmoil out on top, McGlone argued that inflation would… Source link

Read More »

HOW TO SELL LITECOINS IN NIGERIA 2022 – BREET APP

Learn how to sell Litecoins(LTC) in Nigeria easily by following the step-by-step guide, with relevant crypto trading apps you should use. Get started: Article Highlights: How to sell Litecoin in Nigeria Withdrawal methods Factors to consider when selling Litecoin in Nigeria Alternative ways to sell Litecoin in Nigeria How to sell Litecoins in Nigeria The most effective way to sell Litecoin in Nigeria is through a cryptocurrency exchange. If the assets are… Source link

Read More »

LTC Crypto Is Still Dropping, Not Likely to Recover Until Bitcoin Rebounds

LTC Crypto Is Still Dropping, Not Likely to Recover Until Bitcoin Rebounds

Source: Wit Olszewski / Shutterstock.com Litecoin (LTC-USD) is struggling. LTC crypto has fallen drastically from $278 in mid-N0v. to $110 on March 17. Litecoin has a high correlation with Bitcoin (BTC-USD), so its turnaround will wait on a rebound in BTC crypto. Investors should use this period to average down into LTC crypto, especially since it’s much cheaper than Bitcoin. Litecoin is the 21st largest cryptocurrency as… Source link

Read More »

Bitcoin, Ethereum Outlook Remains Bullish

Welcome to Newsweek‘s cryptocurrency news: in this daily update we will be looking at the movement and outlook for major cryptocurrencies, including Bitcoin, with a technical analysis. Meanwhile, the Newsweek Cryptocurrency Index has data on 11 currencies, with individual strength comparisons. Bitcoin (BTC/USD) Analysis Key Highlights BTC has gained more than $1,000 after the Fed’s Monetary Policy decision. The central bank hiked rates by 25 basis points, as expected. The hopes of a Russia and… Source link

Read More »