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Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Bitcoin is attempting to reverse a drop that cut 20% off its value Litecoin trying to follow suit, key trendline maintains upside focus Ethereum pushes into record highs, but momentum appears fading Bitcoin Technical Outlook Bitcoin is attempting to recover the top that started in April which trimmed over 20% off its value. The dip followed bearish implications from a brewing Rising Wedge chart… Source link

TipRanks These 2 Penny Stocks Could Rally Over 100%, Says Oppenheimer Speaking of economic opportunity, and the general benefits of wide-ranging growth, President John Kennedy once said, “A rising tide lifts all boats.” As the COVID crisis fades, and economic activity starts returning to normal, we may be seeing just such a situation. The corporate earnings season, which is underway now, is clobbering expectations for the first quarter of 2021. We’ve seen reports from 121 S&P-listed… Source link

Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,… Source link

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Bitcoin has repeatedly broken fresh ground this year, doubling from its price of just under $30,000 per bitcoin at the start of 2021 to almost $65,000 earlier this month. The blistering 2021 bitcoin price rally has slowed since late February as bitcoin traders and investors try to call the top of the market. Now, an expert panel has predicted the bitcoin price will climb to just over $100,000 per bitcoin in 2021—with almost a third of the panelists surveyed forecasting bitcoin could… Source link

Litecoin price had a breakout from a descending wedge pattern on the 4-hour chart. The digital asset aims for a price target of $300 in the near term. The number of LTC whales has significantly decreased in the past week. Litecoin price has been trading sideways for the past 24 hours after a breakout from a key pattern formed on the 4-hour chart. However, the number of large holders of LTC has significantly decreased over the last week, indicating that whales are… Source link

The story of boring bitcoin and exciting ether continued in the cryptocurrency markets Wednesday. Bitcoin (BTC) trading around $54,925 as of 21:00 UTC (4 p.m. ET). Gaining 0.14% over the previous 24 hours. Bitcoin’s 24-hour range: $54,046-$55,710 (CoinDesk 20) BTC above the 10-hour and the 50-hour moving averages on the hourly chart, a bullish signal for market technicians. Bitcoin’s hourly price chart on Bitstamp since April 25.Source: TradingView Bitcoin’s price was holding steady on… Source link

Ethereum has been a tear recently, rising more than 63% over the last month. Technical analyst Julius De Kempenaer told us why he thinks it will surge to $3,000. He also broke down how he trades cryptocurrencies based on price momentum and relative strength. See more stories on Insider’s business page. The price action of bitcoin and… Source link

Bitcoin and gold are different sides of the same equation. There have been several instances in the past where financial studies have asserted how Bitcoin could potentially replace gold in the future. Surveys have also pointed out how Bitcoin stands a fair chance against gold. When it comes, to Bitcoin’s silver, the argument takes a different turn. Shedding light on the difference between LTC and BTC, Charlie Lee, founder of Litecoin, told that he viewed Bitcoin as “digital gold” and… Source link

Bitcoin is facing a make-or-break moment following a recent bout of selling, according to technical analysis. Though the cryptocurrency has rebounded above its average price over the past 100 days, it’s still trading below its 50-day moving average. Such a dynamic typically indicates an asset is nearing an inflection point. If Bitcoin can’t overtake its 50-day mean — which currently sits at about $57,000 — then it might be in for a period of volatility as the gap between the two trend… Source link