Bitcoin Must Hold This Level Or Risk Falling To $10,000
Bitcoin has seen a remarkable recovery trend that has caused its price to surge past $22,000 once more. This is a welcome development for the digital asset, which has been suffering from many dips, but it is not all rosy for the cryptocurrency. Since the market continues to remain in a bearish trend, there are levels that bitcoin must maintain above to keep such high prices. Otherwise, it risks falling more than 85% from its all-time high. Bitcoin Must Hold Above $17,000 Many prominent figures in the finance industry have shared their thoughts about where they see the price of bitcoin....
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XRP has had an extremely difficult run since 2017 and things have only turned worse. But somehow despite the poor performance compared to its peers, it has managed to hold onto a top five rank by market cap dating back as far as 2013. However, the legal blow dealt by the United States Securities and […]
Bitcoin has come out of the weekend with less than favorable performance but it has not been all bad for the digital asset either. After falling below $20,000, it trended low towards the end of last week. However, the cryptocurrency has been able to hold the $19,000 level despite efforts from the bears to pull it down. This has been due to a number of factors but most importantly is the support that has been forming at this level. Support At $19,000 After struggling to hold above $19,000 for most of last week, the digital asset had subsequently found its footing above $19,000. This price....
Litecoin once again jumped over the barrier of $3.20 and then again moves down to the level of $3.00. As Bitcoin price movement has stopped, the falling of Litecoin to the level of $3.00 promises to be painfully slow, and to take some days. Only new growth of Bitcoin will be able to develop an uptrend of Litecoin and to send it to the tops of $3.50 and $3.80. DASH keeps second place on trade volumes at the Poloniex exchange. The price of this cryptocurrency moves in a corridor between 0.01 and 0.011. But it is still in a falling trend, the top of it is still the level of 0.017. But it....
Litecoin price remains at the level of $3.5, and the following impulse for the movement is going to the level of $3.2 again. However, considering the continuous growth of Bitcoin we can’t be sure of it completely. But while Bitcoin is in the stage of correction, Litecoin usually moves down. Thus, the LTC/BTC pair exchange rate doesn't add much optimism for buyers. Litecoin will grow only if it breaks through the line of 0.09 or higher and then return to 0.01. Meanwhile while Bitcoin price grows – the LTC/BTC pair is falling, and when Bitcoin is falling – LTC/BTC remains on the reached....