Volatility on the cryptocurrency market remains rather low. One shouldn’t exclude a possibility of strong movements to break sideways channels in many assets.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.For Bitcoin, a very important target is at $10.565, a breakout of which may push the major digital currency towards $13.000 or even higher. However, if...
Read More »Simon Dedic Predicts Five Figure Price for BTC
BlockFyre founder Simon Dedic is predicting that the next bull rally will take the world’s number one digital currency by market cap – bitcoin – into the $150,000 range. He’s also predicting that many altcoins will hit it big as well, with assets like Ethereum striking the $9,000 mark.Dedic: Bitcoin Will Hit $150KIn a series of tweets, Dedic discussed the 2017 bull run that saw virtually every digital currency spiking to levels that virtually nobody could have predicted. At that time, bitcoin...
Read More »Litecoin (LTC) Price Analysis: Bulls Eyeing Upside Break Above $50
Litecoin price is holding the key support area near $45.50 against the US Dollar.LTC price is likely to continue higher above the $47.80 and $48.00 resistance levels.There are two key bullish trend lines forming with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains in a positive zone and it seems like the bulls are eyeing a clear break above $50.00.Litecoin price is gaining bullish momentum and trading above key supports against the US...
Read More »Crypto Price Analysis June 3: BTC, ETH, LTC, BCH, EOS
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Read More »Total Market Cap Breaks Critical Resistance Level: Altcoin Season 2020 Incoming?
Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight.Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern it did back in 2017, months before altcoins shot off through the roof.Altcoin Season 2020 Incoming?Bitcoin is up 6% in the past 24 hours as it trades at around $10,100...
Read More »Bulls Return With 5% Daily Gains For Litecoin, How High Can It Go? LTC Price Analysis
Litecoin is poised for more gains after moving out from a four-weeks downward range.A break above 0.0050 BTC level would signal strength.The price is currently looking bullish across trading pairs.LTC/USD: Litecoin Aiming To Jump Above $48Key Resistance Levels: $47.68, $50.7, $56Key Support Levels: $44, $42, $39LTC/USD. Source: TradingViewFor the past few days now, the crypto market is rising. The price of Litecoin has shot up 5% over the past hours after breaking out from a downward range –...
Read More »Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
Litecoin price found support near $41.50 and it is currently correcting higher against the US Dollar.LTC price is likely to face a lot of hurdles on the upside near $44.50 and $45.00.There is a major bearish trend line forming with resistance near $45.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $45.00 resistance, above which it might rally to $48.80.Litecoin price is showing signs of an upside correction against the US Dollar,...
Read More »Crypto Price Analysis May 27: BTC, ETH, LTC, BCH, TRX
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, Bitcoin Cash and TRON price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies continue correcting without making any significant movements. The major event for Bitcoin will be a breakout of $9,450, which may indicate further...
Read More »Robo Forex and Other Exchanges Look to Make Trading Easier
International financial broker Robo Forex has added more crypto trading pairs to its platform. In addition, the company has also worked to improve trading pairs for customers with higher-end accounts.Robo Forex: It’s Now Easier to TradeUp until the time of writing, customers of Robo Forex could only trade and sell digital currencies that were paired with fiat. Some of these pairs included BTC/USD, ETH/USD, and LTC/USD. However, those with pro-standard and ECN accounts will have the ability to...
Read More »Litecoin (LTC) Price Analysis: Signs of Fresh Decrease To $40
Litecoin price failed to clear the $47.50 level and declined recently against the US Dollar.LTC price is now trading below the $45.00 level, with a bearish angle.There is a key bearish trend line forming with resistance near $46.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it remains at a risk of more losses below $44.00 and $42.00.Litecoin price is showing signs of another bearish wave against the US Dollar and bitcoin. LTC price...
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