Monero (XMR) Consolidation May End Soon, Bullish Breakout Ahead Towards At $300 – XMR Price Prediction, – Exchange Rates UK

Exchange Rates UK TV – Monero daily Ichimoku analysis .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } [embedded content] If you can’t view the video, please watch on Youtube. Subscribe and watch forex and cryptocurrency technical analysis / forecast videos on our new channel: Exchange Rates UK… Source link

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Why Bitcoin Dropped 4.5% on Friday

What happened  The value of cryptocurrency giant Bitcoin (CRYPTO:BTC) has fallen as much as 4.5% in the last 24 hours and was down 1.3% as of 3:20 p.m. EST on Friday. The token is down about 7.2% since hitting an all-time high of $69,000 in trading on Wednesday.  So what The biggest news in the world of Bitcoin is that the City of Miami plans to hand out free Bitcoin to residents from the profit of its Miami Coin. The coin has generated $21 million… Source link

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Traders look to ‘buy the dip’ after spot ETF rejection sends Bitcoin price to $62K

Bears swooped in to seize the upper hand on Nov. 12 after news that the United States Securities and Exchange Commission (SEC) had rejected the VanEck spot Bitcoin (BTC) exchange-traded fund (ETF) application made ripples through the crypto sphere and deflated the bullish momentum that had been building throughout the week.  While many investors had high hopes that the passage of a spot BTC ETF would send the price of Bitcoin to the coveted $100,000 price level, its denial was expected by… Source link

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Why Ethereum, Bitcoin Cash, and Litecoin All Rocketed Higher This Week

What happened This week, Ethereum (CRYPTO:ETH), Bitcoin Cash (CRYPTO:BCH), and Litecoin (CRYPTO:LTC) each saw impressive gains. These tokens appreciated between 20% and 47% at their intraday weekly highs. Indeed, in the crypto world, such moves aren’t necessarily surprising. However, the common catalyst driving these three cryptocurrencies higher may be worth looking at. The catalyst in question happens to be a key announcement from AMC… Source link

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Are investors better off placing their bets on Litecoin, altcoins rather than Bitcoin

The share of Bitcoin’s market capitalization as a percentage of the overall crypto market cap fell sharply this year. The fall in Bitcoin’s is the result of investors opting for altcoins, which also offer decentralized apps, non-fungible tokens and other relatively recent innovations. Now, one of the altcoins has attracted bullish projections analysts. Many even expect it to outperform the leading crypto, Bitcoin soon. Over the past year or so, Litecoin has been gradually pushed out of… Source link

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Terra LUNA, Litecoin Price Forecast – Technicals Look Bullish for LUNA and LTC

Cryptocurrencies have turned bearish in the second half of this week after turning quite bullish in the first 2-3 days. The crypto market resumed the uptrend which started last month, after retracing lower or consolidating for two weeks, as traders did some profit-taking. Although after the considerable bullish momentum in the last few days, cryptocurrencies retreated down on Wednesday, after some profit-taking once again. But this has opened up some good buying opportunities, so let’s see… Source link

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Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel

Ethereum’s native token Ether (ETH) could see yet another strong rebound in the sessions ahead as its price falls into a trading zone with a recent history of attracting buyers. The rising trendline has been triggering ETH’s price rebounds since the beginning of October 2021 and comes as a part of a broader Ascending Channel range. ETH/USD four-hour price chart featuring the Ascending Channel setup. Source: TradingView As a result, Ether’s path of least resistance has been to the upside despite… Source link

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Bitcoin due to hit $90K ‘in coming weeks’ despite pullback — latest technical analysis

Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action. Update: High timeframes “remain bullish” Despite losing $4,000 in a single day on Nov. 10 and trending sideways since, Bitcoin is anything but bearish, many analysts argue. With short-term conditions punishing leveraged long traders but funding rates still high, however,… Source link

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Should You Be Buying Bitcoin Right Now?

It’s been a hot year for cryptocurrency, and Bitcoin (CRYPTO:BTC) is no exception. In recent weeks, the price of Bitcoin has soared, leaving many investors to wonder whether they should dive in. But is it the right time for you to be buying Bitcoin? Ask yourself these questions to find out. Image source: Getty Images. 1. What’s my risk tolerance? For some people, buying stocks is a scary idea, due to the risks involved. Bitcoin, however, can be an… Source link

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Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats

Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC: Consolidation becomes down move Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range. The pair had spent the previous day tracing sideways — behavior that was now showing signs of breaking down. For popular analysts, however, such BTC price… Source link

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