Why The Bitcoin Price Could Be Building An Uptrend
The Bitcoin price is steadily trading above critical support levels and might extend its bullish trend in the coming days. The cryptocurrency positively reacted to the current macroeconomic conditions despite the U.S. Federal Reserve (Fed) promising to keep hiking interest rates. Related Reading: Holding FTT And BNB? It Might Be Time For You To Get Out At the time of writing, the Bitcoin price trades at $20,700 with a 3% loss over today’s trading session and sideways movement over the previous week. This period has been profitable for digital assets against traditional assets, such....
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Key Highlights. Litecoin price after trading close to $9.00 found sellers that ignited a downside movement. The price managed to clear a major resistance area, which is likely to push the price higher. Litecoin price looks like completed a short-term correction, which could ignite an uptrend one more time. Litecoin price failed horribly around $9, which caused a heavy downside reaction. The price trimmed more than 40% gains to trade as low as $3.24. Buyers somehow managed to hold the downside around the stated area. Break higher? There is a bearish trend line formed on the 4-hours chart,....
Litecoin Price Key Highlights. Litecoin price has been gradually trending higher against the U. S. dollar, mostly due to the latter's selloff in recent trading sessions. Price is currently testing the bottom of the ascending channel visible on its short-term time frame and might be due for a bounce. Litecoin price is on a steady uptrend these days and could be in for a much stronger bounce, as it is testing the rising channel support. Bullish divergence forming. Litecoin price has been forming higher lows while technical indicators drew lower lows, creating bullish divergence for both RSI....
An altcoin called Filecoin has just escalated its ranks after logging a gravity-defying price rally that beats even its top rival Bitcoin's uptrend.
Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before meeting some resistance, but it does appear to be poised for further gains This recent uptrend has come about in […]
The Litecoin price continued to tail Bitcoin in its time of uptrend, and retested new higher highs - near 1.98 - during the 3/3 trading session. In later hours, the price went through a routine correction, and got dumped to as low as 1.92. This was the same time Bitcoin attempted a readjustment and fell to 276 from the intraday high 294. And now as the locomotive attempts yet another bounce back, its bogie Litecoin is doing something similar in the USD markets. As you can see the technical indicators in the 4H OKCOIN chart above, the Litecoin price is comfortably trending in a bullish....