LTC/USD moved lower yesterday, after it hit resistance near 182.10. However, the crypto triggered some buy orders at around 172.80 and rebounded to trade temporarily above the 182.10 mark. Now, it is back below it though. Overall, the cryptocurrency continues to print higher highs and higher lows above the upside support line taken from the low of September 29th and thus, we will consider the short-term outlook to be positive. Another attempt above 182.10 could… Source link
Read More »Litecoin (LTC) Pleases Its Investors With New Achievement – Own Snap
Today, Litecoin rose by 11.42% and was trading at $185,330. It was the biggest one-day percentage gain since September 3. This movement contributed to the growth of Litecoin’s market capitalization to $12.732 billion, or 0.55% of the total market capitalization of cryptocurrencies. At the highest level, Litecoin’s market capitalization was $25.609 billion. Litecoin (LTC) is a cryptocurrency that was developed to provide fast, secure, and inexpensive payments through the use of the unique… Source link
Read More »Analyst expects Ethereum price to explode to $30,000 amid network adoption
The vulnerability identified in the ETH2 staking pool has been patched safely. Ethereum’s user adoption has exploded with a spike in daily active addresses and unique addresses interacting with the network. WAX blockchain announces two Ethereum compatibility approaches, plans to bring low-cost transactions to smart contracts on Ethereum. Analysts expect Ethereum to explode with the rise in on-chain activity and increasing network adoption. Ethereum is heading… Source link
Read More »Ethereum: Looking for $7500.
Over the past many weeks, see my last article here; I anticipated using the Elliott Wave Principle (EWP) that Ethereum, aka Ether, (ETH) would pull back, rally again, experience a more significant pullback, and then get ready for the rally to $9000. As stated in my September 23rd update, “Albeit the cryptocurrency did not adhere to the ideal/textbook path, the overall pattern forecasted over a month ago, and in fact, already drafted early August (see here), came to fruition.” In addition,… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 7th, 2021
Ethereum Ethereum rose by 1.64% on Wednesday. Following a 3.79% gain on Tuesday, Ethereum ended the day at $3,574.86. A mixed start to the day saw Ethereum slide to a late morning intraday low $3,342.16 before making a move. Ethereum fell through the first major support level at $3,405 and the 23.6% FIB of $3,369. Finding late morning support, however, Ethereum rallied to a mid-afternoon intraday high $3,632.44. Ethereum broke through the first major resistance level at $3,587 ending the day at… Source link
Read More »Here Is What You Should Know About It – Own Snap
Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, showed a 20% spike in price after the launch of the Atomic Swap program last week. On Friday, the Monero project officially announced the implementation of the Atomic Swap implementation, developed by the COMIT Network cross-blockchain protocol, in order to simplify trading between XMR and VTS. After the launch of Monero Atomic Swaps, XMR saw a noticeable spike, its price rose from about $265 on the day of… Source link
Read More »Ethereum price to set new all-time high at $4,500 as ETH bulls take over
Bullish structural breakout of the Cloud in the Ichimoku Kinko Hyo system. Fibonacci expansions project a new critical zone for the all-time high near $4,500 Few roadblocks ahead if Ethereum maintains momentum. Ethereum price has finally caught up with Bitcoin’s price action by displaying a bullish condition within the Ichimoku Kinko Hyo system. There were some concerns about whether Ethereum was positioning for a bull trap, but those fears were mainly laid to… Source link
Read More »Monero Price Analysis: XMR Token Price Soon To Rise Above $300 Mark – Cryptocurrency News – The Market Periodical
XMR Token price action indicates a bullish run in the daily chart that will soon hit the $300 mark. The 24-hour trading volume of the coin is $269,421,015 (+40%). The pair XMR/ETH is trading at 0.08021 ETH with an intraday gain of +2.87%. XMR Token price action creates a bullish-engulfing candlestick on the daily Technical Chart. This indicates that bullish sentiments have been rising, and the breakout has occurred above the resistance zone of $270. Intraday volume growth… Source link
Read More »Bitcoin soars past $55,000 on George Soros fund endorsement
The price of the world’s most valuable cryptocurrency spiked nearly 10% Wednesday morning to around $55,000, following news that the investment firm founded by billionaire George Soros owns bitcoin. Soros, who is famous for making big money on traditional currency investments, is rumored to have been trading in bitcoin for the past few months. And the head of Soros Fund Management argues bitcoin has even more long-term potential: “I’m not sure bitcoin is viewed only as an inflation hedge… Source link
Read More »Litecoin Rises More Than 6% In 24 hours
Litecoin’s (CRYPTO: LTC) price has increased 6.67% over the past 24 hours to $180.42. Over the past week, LTC has experienced an uptick of over 22.0%, moving from $147.22 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both… Source link
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