Litecoin price is trading higher after it formed a support base near $40.0 against the US Dollar.LTC price is now facing a couple of key hurdles near the $42.50 and $42.60 levels.There is a key bearish trend line forming with resistance near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must surpass the $43.00 and $44.50 resistance levels to start a strong uptrend.Litecoin price is facing a couple of key hurdles against the US Dollar, similar to bitcoin....
Read More »Crypto Price Analysis April 22: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash 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 to correct without any significant fluctuations in either direction. A lot of assets are stuck inside their respective “Triangle” patterns,...
Read More »Bitcoin Travels North as Libra Gets Smaller
At the time of writing, several cryptocurrencies are showing new signs of life. Bitcoin, for example, is once again trading above $7,000 for the second time this month.Bitcoin Has Broken $7K AgainIn addition to BTC’s sudden burst, Ethereum is trading for $170, while other major coins – such as Ripple and Litecoin – have also shot up. For the most part, the cryptocurrency industry appears to be on a path of recovery along with stocks as the Dow Jones has shot up more than 400 points since...
Read More »Litecoin Price Analysis: LTC Shoots Above $40 As Bitcoin Price Takes A Leap Forward
Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD: Litecoin Bounces Back After Testing Support Key Resistance Levels: $43.7, $47 Key Support Levels: $37.9, 34.5, $32.4 LTC/USD. Source: TradingViewLitecoin...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Defend This Key Support?
Litecoin price is down more than 10% from the $45.00 resistance against the US Dollar.LTC price broke the key $40.00 support level to move into a bearish zone.There is a major bearish trend line forming with resistance near $41.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must stay above the $38.00 or $37.00 support to start a fresh upward move.Litecoin price is showing a few bearish signs below $42.00 against the US Dollar, similar to bitcoin. LTC price...
Read More »Crypto Price Analysis April 15: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash 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.The cryptocurrency market is correcting again. Assets are rebounding from their respective resistance levels while the potential for significant decline remains. On...
Read More »Bitfinex startet “Staking Reward Program” mit 4 Kryptowährungen
Bitfinex ist eine bekannte Bitcoin-Börse aus Hong Kong. Was erst wenige Leute wissen: Man kann auf Bitfinex auch seine Vermögenswerte verleihen. Und ganz neu bietet Bitfinex auch Staking an. Bitfinex gehört zu den ältesten und wichtigsten Kryptowährungsbörsen der Welt (*). Sie besteht bereits seit 2012 und schafft es durch ihre lange Erfahrung, ihre starke Marktposition...
Read More »Interesting Findings: Most Users Who Spent Their Cryptocurrencies Did it For Food And Clothing, Report Says
A new study compiled on cryptocurrency usage outlined that people are mainly using them for regular day-to-day purchases such as food and clothes. It also indicated that there’s a significant room for adoption, as only 16% answered that they had previously bought any digital asset.Bursting Myths: Cryptocurrency UsageCryptocurrency payment transfers are much more anonymous than bank transfers, for example. As such, they have received a reputation for usage primarily in criminal...
Read More »Litecoin (LTC) Price Analysis: Bulls Could Pump Price Above $50
Litecoin price is trading in a bullish zone above the $45.00 level against the US Dollar.LTC price is likely to accelerate further higher if it clears the $46.40 and $48.00 resistance levels.There is a short term bearish trend line forming with resistance near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could even surpass the $50.00 level as long as it is above the $44.00 support.Litecoin price is trading in a strong bullish trend against the US Dollar,...
Read More »Dutch-Based Brokerage Opens Cryptocurrency Trading Throughout Europe
Netherlands-based retail brokerage platform BUX has launched a cryptocurrency-oriented product to cope with the increasing demand across young investors in Europe. Dubbed BUX Crypto, it’s a commission-free digital currency trading platform.BUX Crypto For EU InvestorsBack in January this year, BUX acquired the cryptocurrency investment platform, Blockport. Upon completing the transaction, officials at the Dutch company said that they will rebrand Blockport to BUX Crypto and fully integrated it...
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