Daily Altcoin Price Analysis: Breeze on the Cryptocurrency Market
Litecoin is still standing between two price levels of $3.50 and 3.80, somewhere near $3.60. It seems that situation would only change when the Bitcoin price moves away from $450. DASH bottomed out at a price of 0.056, having lost about 6% in a day. If the Bitcoin price moves up, DASH would probably move to another bottom, but Bitcoin price corrections will give DASH a chance to make a new start from this level. Dogecoin resists the inevitable, holding its price at the level of 30 Satoshi. Last night the price even fell down to 28 Satoshi, so it is not the best idea to place buy orders at....
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XRP and other market movers have continued to face the wrath of the bears. The altcoin has fallen considerably over the last 24 hours. It had secured gains over the past week but since the bulls are back, the coin lost what it had gained. Profit booking has taken over as the market movers witnessed a brief relief rally. Although price of the altcoin surged by 16% over a week, the daily losses have invalidated most of it. In the last 24 hours the coin fell by 3%, bringing its price down to $0.34. The bulls have tired out and surrendered to the bears. Selling pressure has increased as XRP....
Recent crypto market dynamics in the past four days have seen the return of bullish momentum into many cryptocurrencies, with the Bitcoin price leading the charge. Interestingly, this has led to the projection of looming gains in many altcoins, and technicals suggest an altcoin season might be rolling into place. Crypto analyst Kevin (@Kev_Capital_TA) recently drew attention to a significant development of a daily death cross in Bitcoin’s dominance. This rare occurrence could mark a shift in cryptocurrency investments in the coming months with implications for Bitcoin and the....
The bitcoin price crashed below $300 on October 5. Although it has since climbed back above the $300 mark, the bitcoin price has fallen 6% in the past 24 hours. Because altcoin prices are coupled to the bitcoin price, most altcoin market caps have fallen dramatically. Also Read: Analysis: Bitcoin Price Crash Below $300 - How Much Lower? Bitcoin Price Decline Makes Altcoin Market Caps Bleed. As the CoinMarketCap chart below demonstrates, altcoins have taken a huge hit over the past day. The bitcoin price decline caused nearly every altcoin market cap to fall by default. Additionally, many....
Sunday's bitcoin price panic caused altcoin market caps to evaporate and made most altcoin prices drop as well. The litecoin price bore the brunt of the market's wrath, falling 7% and dropping the Litecoin market cap by almost $8 million in a single day. However, the bitcoin price recovered, which in turn inflated many altcoin prices to previous levels. Nevertheless, although litecoin's market cap grew by 5%, its bitcoin trading pair price failed to recover. Also Read: Bitcoin Price Decline Makes Altcoin Market Caps Bleed. Litecoin Price Fails to Rebound from Bitcoin Price Panic. Monday's....
In this episode of NewsBTC’s daily technical analysis videos, we are examining Ethereum due to how boring Bitcoin price action is. Here is an update on the top ranked altcoin. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD): October 19, 2022 In addition to the video highlights listed below the video, we also analyze ETHUSD using the Ichimoku, Bollinger Bands, Moving Averages, and other technical tools. Related Reading: Bitcoin Price Action Falls Flat | BTCUSD Analysis October 18, 2022 Top Altcoin Tightens Up Ahead Of Huge Move If you thought the Bollinger....