Altcoins

US dollar downturn aids Bitcoin bulls before $50K BTC price showdown

Source Node: https://cointelegraph.com/news/us-dollar-downturn-aids-bitcoin-bulls-before-50k-btc-price-showdown
Time Stamp: August 11, 2021 12:00 PM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Aiming for $50,000"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $46,787 on Bitstamp Wednesday, a hair short of the previous day's peak.Fresh from voting day on the U.S. infrastructure bill, something which ultimately failed to move the market, Bitcoin showed no signs of bearishness as it returned to the door of major resistance beginning at $47,000.USD performance post bill on the day provided another potential catalyst

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs

Source Node: https://cointelegraph.com/news/bitcoin-technicals-why-btc-price-breaking-48k-resistance-is-the-key-to-new-all-time-highs
Time Stamp: August 11, 2021 10:36 AM - Modified On: August 11, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority of the people were discussing a potential breakdown to $20,000, including the effects of a death cross. But now, a golden cross could happen on Bitcoin with a potential breakout above $48K certainly on the

Polkadot, WAVES, VeChain Price Analysis: 05 August

Source Node: https://ambcrypto.com/polkadot-waves-vechain-price-analysis-05-august/
Time Stamp: August 5, 2021 8:30 AM - Modified On: August 5, 2021 - Published By:
Source Cluster:
Republished By Plato

As bigger cryptocurrencies like Bitcoin and Ethereum recovered, altcoins mimicked the same movements. DOT was on its way to test its immediate resistance level. WAVES, however, still flashed signs of sideways price movement. Finally, VeChain gained by 4% overnight.  Polkadot [DOT] DOT/USD, TradingView DOT was trading around $18.74 at press time after it registered a 9.4% hike overnight. The altcoin, in case of a further upward push, will push beyond the $18.75-level and a dip could cause it to fall at $18 and then subsequently to $16.77.  Even on a

Here’s the caveat to Bitcoin Cash, Ethereum Classic’s price actions

Source Node: https://ambcrypto.com/heres-the-caveat-to-bitcoin-cash-ethereum-classics-price-actions/
Time Stamp: August 3, 2021 8:30 AM - Modified On: August 3, 2021 - Published By:
Source Cluster:
Republished By Plato

On the back of recent gains, most altcoins started moving north too. In fact, before minor corrections set in, these alts saw pretty decent rallies, with Bitcoin Cash and Ethereum Classic among them. However, what really matters is whether they can sustain these rallies or not. For the likes of BCH and ETC, this is a very critical question.  What does the price say? Both Bitcoin Cash and Ethereum Classic were up more than 40% since 20 July, at the time of writing. While both altcoins followed Bitcoin’s footsteps, their

Tezos, NEM, IOTA Price Analysis: 03 August

Source Node: https://ambcrypto.com/tezos-nem-iota-price-analysis-03-august/
Time Stamp: August 3, 2021 7:30 AM - Modified On: August 3, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin tanked once more, falling to $38,692 as it experienced resistance at $42,000. Altcoins walked the same path and failed to hold prices beyond their resistance levels. Tezos had made minor gains but the bears took over at the time of writing. XEM’s attempt to test its immediate resistance was halted as the it fell by 4.6%. MIOTA was likely to fall below its current support level.   Tezos (XTZ) XTZ/USD, TradingView The price of XTZ was $3.07 at press time. It noted a minor gain over the last 24 hours

Bitcoin & Ethereum: which asset will cross this benchmark first in the next 2 weeks

Source Node: https://ambcrypto.com/bitcoin-ethereum-which-asset-will-cross-this-benchmark-first-in-the-next-2-weeks/
Time Stamp: July 28, 2021 10:00 AM - Modified On: July 28, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin and Ethereum both tested their initial targets of $40,000 and $2400 over the past day, after consistently rallying over the last week. The market sentiment is currently improving for both assets. While Bitcoin has been the driving force for the majority of the bull markets, smaller altcoins have rallied behind Ether’s bullish period as well. In 2021 itself, Bitcoin reached its all-time high during April 15th-20th, reaching a valuation of $64,000. Other assets followed suit, but when Ethereum touched its ATH of $4375 during the 1st of May, assets

Litecoin Price Analysis: LTC retests descending resistance trendline, reversal back below $125 today?

Source Node: https://www.cryptopolitan.com/litecoin-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 7:14 AM - Modified On: July 25, 2021 - Published By:
Source Cluster:
Republished By Plato

TL;DR Breakdown LTC moved higher yesterday.Descending resistance trendline retested overnight.Market likely to reject further upside. Litecoin price analysis indicates bearish momentum to follow later today as a new lower high was established around $125-$128 price area, and further upside gets rejected as of now. Therefore, we expect LTC/USD to reverse later today and start heading towards the $105 major support next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with a slight bullish momentum over the last 24 hours. Bitcoin is up by 1.27 percent, while Ethereum is

EOS Price Prediction 2021, 2025, 2030

Source Node: https://www.cryptopolitan.com/eos-price-prediction/
Time Stamp: July 25, 2021 3:00 AM - Modified On: July 25, 2021 - Published By:
Source Cluster:
Republished By Plato

What is EOS? EOS is one of the best-known cryptocurrencies today that allows building decentralized apps (DApps) in a simple and scalable way. EOS cryptocurrency was developed by a company called Block.one. Founded by software programmer Daniel Larimer and entrepreneur Brendan Blumer, who still hold the roles of CTO and CEO, the company began to work on the project in 2017. In June of 2018, the EOS officially went live after a year-long Initial Coin Offering (ICO). The ICO raised more than $4 billion, despite the prohibition to participate from

November 2020: A Month of All Time Highs

Source Node: https://beincrypto.com/november-2020-a-month-of-all-time-highs/
Time Stamp: December 13, 2020 1:59 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

November 2020 has been a record-smashing month for crypto. From coin derivatives, to flat-out Bitcoin (BTC) price, the roller coaster keeps climbing up. With power behind Bitcoin like never before, the next few months look exciting. All-Time Higher and higher So the golden price of $20,000 for 1 BTC never happened, but $19,725 was not half bad. Cryptocurrencies are having another year to remember, and November was perhaps that most exciting month yet. According to Coingecko’s monthly report, November saw plenty of highs. The crypto market cap reached $554 billion.