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Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much

Bitcoin Price Prediction: BTC/USD Struggles to Hold Above $7,000 Resistance Level

Bitcoin (BTC) Price Prediction – April 4The Bitcoin (BTC) is currently consolidating and seems to be preparing for the next move either above $7,000 or towards $6,500.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,700, $7,900, $8,100Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartYesterday, we saw a sharp decline in Bitcoin price below the $7,036 support against the US Dollar. The BTC/USD pair also settled below the $6,800 support level and above the 9-day and 21-day moving averages. Today, the price is consolidating losses above the $6,750 level and currently

Bitcoin Price Prediction: BTC/USD Rebounds but Unable to Sustain Above $7,000 Overhead Resistance

Bitcoin (BTC) Price Prediction – April 04The price tussles between the bulls and bears have continued as BTC/USD pair rebounded from its low at $6,180 on April 1. There was a price spike as BTC reached the high of $7,283.50 but was immediately repelled.Key Levels:Resistance Levels: $10,000, $11, 000, $12,000Support Levels: $7,000, $6,000, $5,000BTC/USD – Daily ChartBitcoin continued its upward move after the rebound to the high of $7,049.10. The upward move was resisted as the bulls cannot sustain price above $7,000 overhead resistance. The price fell to a low

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to

Ripple Price Prediction: XRP/USD Prints a Bearish Pattern despite Touching $0.18 Level

XRP Price Prediction – April 3Ripple price technical picture is healthy but a rising wedge pattern could force a free-fall to $0.16.XRP/USD MarketKey Levels:Resistance levels: $0.21, $0.22, $0.23Support levels: $0.15, $0.14, $0.13XRPUSD – Daily ChartToday, XRP/USD impressively cleared the resistance at $0.18. The surge followed stability and brief consolidation above $0.17 level. However, XRP/USD is trading at $0.177 at the time of writing as the coin is losing 0.84% on the day. Meanwhile, the surge above $0.18 hit a wall at $0.183, giving way to selling pressure which forced the

Crypto Traders Allegedly Involved in a $35m Ponzi Scheme

Three alleged cryptocurrency traders ran a Ponzi scheme which scammed more than 100 investors for over $35 million, according to a lawsuit filed by an entity formed by the victims in a federal court of Florida, United States.According to an announcement published on April 2, Q3 Investment Recovery Vehicle, who represents defrauded investors, accused the trio of alleged crypto traders of cheating victims by promising them a winning trading formula. Former NYSE and Wells Fargo workers among the accused The federal securities fraud case names three individuals as the primary perpetrators of

Bitcoin Price Prediction: BTC/USD Came Close to $7,000 but the Bulls May Have to Wait a Bit

Bitcoin (BTC) Price Prediction – April 3The Bitcoin (BTC) has recovered from the recent low on approach to $6,700 but the Bulls may have trouble taking the price above $7,000.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily chartBTC/USD resumed the upside trend after a short-lived retreat to $6,736 during early Asian hours. At the time of writing, BTC is changing hands at $6,828 and the upside momentum is gaining traction. A sustainable move above $7,000 will bring $7,300 back into focus

Ethereum Price Prediction: ETH/USD Finally Breaks Above the Channel; Aims At $150

ETH Price Prediction – April 2ETH/USD started today on a negative note but a sustainable move above $150 will improve the technical picture.ETH/USD MarketKey Levels:Resistance levels: $170, $180, $190Support levels: $110, $100, $90ETHUSD – Daily ChartETH/USD has tested $135 during early Asian hours as the price went down and touched the $133.56 level but later managed to recover above $150 to touch $151.74. The price of Ethereum (ETH) with the current market value of $141 has stayed unchanged on a day-to-day basis and gained nearly 3.84% since the coin rebounded

Bitcoin Price Prediction: BTC/USD Bears Run out as Bulls Set Target at $7,200

Bitcoin (BTC) Price Prediction – April 2The Bitcoin bulls keep on pushing towards the north as the coin has not lost sight of $7,500 despite the rejection of $7,258.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $8,000, $8,200, $8,400Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartOver the past hour, BTC/USD has continued to rip higher, adding to the 6.76% in gains registered today. The coin is successfully trading above the 9-day and 21-day moving averages. As of the time of writing this article, the cryptocurrency trades for $7,116, the highest

Litecoin Price Prediction: LTC/USD Will Only Move Higher If $40 Is Broken

LTC Price Prediction – April 2The Litecoin (LTC) price records gain of almost 1.5%, as the coin is seen approaching the $40 level.LTC/USD MarketKey Levels:Resistance levels: $48, $50, $52Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD is trading in the green in today’s session, trading above the 9-day and 21-day moving averages with a gain of 1.45%. The Litecoin bulls broke out from a narrow range-block formation as the price action is capped to the upside at $39 and supported the downside at $36, within tight conditions.However, a few days

Confirmed! Brandon Chez Steps Down as Binance Completes Acquisition of CoinMarketCap

It all started out as a rumor and many thought it was just another April Fool’s prank, but it is now official. Binance has acquired the largest cryptocurrency data tracking site, CoinMarketCap (CMC), the exchange announced today. The coming together of the largest crypto companies is considered an industry milestone, as it could eventually result in significant opportunities, especially in the area of cryptocurrency data tracking, which will contribute to the growth of the industry. While commenting on the development, the CEO of Binance, Changpeng Zhao (CZ), said that the