It is February 1 and bitcoin is up by a modest 0.52 percent.The benchmark cryptocurrency left an impressive month behind in January, returning 30.27 percent in profits against an otherwise gloomy global market outlook. The wild move upside marked bitcoin’s best January close in seven years, convincing traders that the gains could grow further heading…
Litecoin was trending higher on Saturday against an otherwise bearish intraday narrative in the overall cryptocurrency market.The seventh-largest crypto by market cap closed above its seven-week high to hit $72.72. The strong move upward brought Litecoin’s intraday rise to more than 6 percent. At the same time, its gains this week notched up to 36.25…
Litecoin has seen some incredibly bullish price action over the past week, with the cryptocurrency rallying from seven-day lows of $53 to highs of $70. Although LTC faced some resistance at this level, its market structure is clearly growing increasingly bullish.After setting these fresh 2020 highs of $70 yesterday, the cryptocurrency has only retraced slightly,…
Last year’s most successful investments in the crypto market are strangely lagging behind the year’s top-performing altcoins thus far.Is this a sign of things to come, or are oversold assets simply correcting more powerfully than assets that have had less overall drawdown?Bitcoin and Exchange Tokens Lag Behind Altcoins in 20202019 was the year of the…
Disbelief may be keeping crypto investors from realizing what’s going on right under their noses: Confirmation that a new bull market has begun. Here are a total of ten exceptionally bullish factors that indicate a new crypto bull run has begun.A New Crypto Bull Market Is Officially HereTwo full years of a bear market has…
Bitcoin’s firm 2020 uptrend has allowed major altcoins to incur some much-needed momentum, with many major cryptos currently pushing up against key multi-year resistance levels that have been suppressing their price action for years.This positive price action over the past month may be enough to break the firm bear market that altcoins have been caught…
While Litecoin started 2019 with a massive rally leading up to the asset’s hard-coded halving, the fifth-largest cryptocurrency by market cap later retraced almost the entire rally. It also led the way for a massive altcoin run, just before Bitcoin began to skyrocket and caused the alt market to correct.After a steady, prolonged decline, Litecoin…
The total crypto market cap is declining and it is below the $185.0B support.Bitcoin price is struggling to climb above $7,300 and it might decline below $7,000.BCH price is testing the $200 support and it could continue to slide.EOS price failed to stay above $2.600 and it is likely moving towards $2.500.Stellar (XLM) price is…
The total crypto market cap is holding an important support area near the $185.0B level.Bitcoin price is struggling to continue higher and trading close to the $7,200 support.EOS price is down 2% and it is now trading near the $2.600 support area.Binance Coin (BNB) is down 3% and it failed to stay above the key…
The total crypto market cap is holding the key $182.0B and $180.0B support levels.Bitcoin price is trading above the $7,200 support and it could start a fresh increase.Litecoin (LTC) price is slowly rising and it might test the $41.20 resistance.BCH price is up 4% and it is moving higher towards the $200 resistance area.EOS price…