LTC Price Jumps: $2.0 Imminent
The LTC price experienced gains greater than 6.5% today. The price climbed from the low of $1.65 to reach above $1.75 as the 24hr chart reveals. Higher levels are to be reached if the bullish outbreak continues. As usual, the patterns noticeable in the LTC price charts are similar to the ones we see in the BTC/USD ones. As the BTC market 'welcomed the bulls' yesterday, LTC/USD jumped on the upward wagon as well. Buying pressure finally seems to be overwhelming the previous bearish mood of the market. Bullish overturn in LTC Price. As the latest movements indicate, the LTC price is....
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Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion today. A touch after 1 a.m. (Eastern Standard) on Saturday, the market valuation of the entire crypto-economy jumped 3% higher. Bitcoin (BTC) touched a high of $61,222 per unit coming awfully close to the all-time high (ATH) the....
Even as the bitcoin price jumps against favorable macro fundamentals, a chartist sees the cryptocurrency moving downwards in the coming sessions. The pseudonymous analyst pitched a highly bearish scenario for BTC/USD on Monday. He envisioned that the pair’s 50-day moving average would close below its 100-day moving average, leading to the formation of a so-called “Bear Cross” – also known as ‘Death Cross’ among financial pundits. Traders typically perceive Death Crosses as a sign of […]
Welcome back to another Bitcoin News in Review, where we feature some of the top stories of the week here on CryptoCoins News. This week (23 November to 30 November) was all about Bitcoin Black Friday. However, we also saw a rise in the price of bitcoin and several altcoins, saw Coinapult unveil an SMS bitcoin wallet, and more. Keep scrolling for this week's biggest stories. Price Jumps (and Drops). The bitcoin price rose to ~$381 on Bitcoin Black Friday, and is currently at $380. The price was in the high $350's earlier in the week, and was on a steady downwards trend until just recently.....
With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders.
7-Day NFT Sales Volume Jumps 74% to $1.71 Billion, Otherdeed NFT Collection Captures $787 Million in Global Sales
NFTs have done well this week as far as sales are concerned, and across 1,075,588 transactions during the last seven days, $1.71 billion in sales volume has been recorded. The sales volume is 74.77% higher than....
Bitcoin price slammed down to support early today before embarking on a persistent rise that is now correcting. A directional move is imminent and today’s Fed rates announcement may be the watershed. Finally, we’re seeing compression in both the 15min and 1hr charts. The 1-day chart (not shown) is currently trading below its 20MA, but remains high above the critical 200MA. The combination of bearish bias in the 4hr and 1day charts, and the compression seen in the 1hr and 15min charts implies a move is imminent. One concern is that the structure of the past week’s price pattern is unusual.....