Outlook

Litecoin: Is it time for the market’s buyers to take a breather yet

Source Node: https://ambcrypto.com/litecoin-is-it-time-for-the-markets-buyers-to-take-a-breather-yet/
Time Stamp: September 2, 2021 9:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Tezos, Binance Coin, Cosmos Price Analysis: 02 September

Source Node: https://ambcrypto.com/tezos-binance-coin-cosmos-price-analysis-02-september/
Time Stamp: September 2, 2021 9:00 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

As Bitcoin and Ethereum secured fresh gains, the altcoin industry mimicked their price actions. Tezos, in the midst of developmental news about Golden Goals introducing NFTs on the altcoin, pictured gains while eyeing its immediate resistance level of $6.05. Binance Coin surged by 5.2% as it steered clear of the crucial support level of $460.42. Finally, Cosmos rallied by 7.3% as it prepared to retest its all-time high.  Tezos [XTZ] XTZ/USD, TradingView XTZ rose up on its charts after Bitcoin pushed against $50k. Over the last 24 hours, XTZ registered

XRP Searches for Support After Rejection from Resistance

Source Node: https://beincrypto.com/xrp-find-support-after-rejection/
Time Stamp: August 30, 2021 6:56 AM - Modified On: August 30, 2021 - Published By:
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Republished By Plato

XRP (XRP) has been increasing since bouncing at the $0.62 long-term horizontal support area at the end of July.Sponsored Sponsored It was rejected by a descending resistance line on Aug 29 and is now attempting to find short-term support. XRP bounces at long-term support XRP has been moving upwards since bouncing at the $0.62 horizontal support area at the end of July. So far, it has managed to reach a high of $1.35 on Aug 15. The token has been moving downward since. Sponsored Sponsored Technical indicators are providing a mostly

NetDocuments Delivers New Productivity, Mobility and Workflow Solutions at ILTACON 2021

Source Node: https://www.prweb.com/releases/netdocuments_delivers_new_productivity_mobility_and_workflow_solutions_at_iltacon_2021/prweb18146486.htm
Time Stamp: August 22, 2021 9:00 AM - Modified On: August 22, 2021 - Published By:
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Republished By Plato

NetDocuments We have always equipped our customers with the cloud technology and tools they need to be more productive and continually push innovation. Legal professionals are now putting NetDocuments solutions to use in mobile/remote and hybrid environments. Josh Baxter, CEO, NetDocuments SALT LAKE CITY (PRWEB) August 22, 2021 NetDocuments, the leading cloud content management platform for legal professionals, today introduced several new technologies aimed at enriching the experiences of legal professionals. ILTACON 2021 provides the ideal setting for NetDocuments to showcase its philosophy of “Attorney-Inspired Innovation.” Among the new capabilities

Bitcoin (BTC) Rebounds, Aims to Reclaim $51,000

Source Node: https://beincrypto.com/bitcoin-btc-rebounds-aims-to-reclaim-51000/
Time Stamp: August 20, 2021 7:56 AM - Modified On: August 20, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) continues its uptrend and reclaimed its 200-day moving average (MA) yesterday. If the trend continues, it could lead to the long-term resistance area at $51,000.Sponsored Sponsored Looking further out, a Wyckoff distribution pattern is possible, which would take BTC to the support area at $37,300. Bitcoin rebounds After printing a gravestone doji candlestick on Aug 18, BTC rose almost 5% to close at $46,765. On Aug 20, BTC continued on its upward trajectory and is attempting to break through the previous peak at $48,150 from Aug 14. Yesterday’s

Chainlink (LINK) Continues Rally After Reclaiming Long-Term Support

Source Node: https://beincrypto.com/chainlink-link-continues-rally-after-reclaiming-long-term-support/
Time Stamp: August 16, 2021 1:35 PM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

In the previous weeks, Chainlink (LINK) reversed its downtrend and reclaimed the long-term support area near $24.10. If the altcoin maintains its strong momentum, it could see a strong upward move in the second half of August.Sponsored Sponsored LINK long-term movement Chainlink recorded the all-time high at $53 on May 10, 2021. Almost on the same day, a deeper correction in the crypto market began. LINK in a two-week period lost 72% of its value, measured to a low of $15 on May 23. It later tested this support area

The Effect of Coronavirus on the Cryptocurrency Market

Source Node: https://coinrabbit.io/blog/the-effect-of-coronavirus-on-the-cryptocurrency-market/
Time Stamp: December 30, 2020 5:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

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Time Stamp: December 14, 2020 4:04 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Cardano (ADA) price has been rejected by a long-term resistance level at $0.17. It has not reached a long-term close above this resistance since June 2018. As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March. It moved above the $0.095 resistance area in June, reaching a high of $0.171 before dropping in order to validate the $0.095 area as

Litecoin is Flashing a Bearish Breakdown Pattern as Analysts Eye Downside

Source Node: https://bitcoinist.com/litecoin-is-flashing-a-bearish-breakdown-pattern-as-analysts-eye-downside/?utm_source=rss&utm_medium=rss&utm_campaign=litecoin-is-flashing-a-bearish-breakdown-pattern-as-analysts-eye-downside
Time Stamp: August 18, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Litecoin has been flashing mixed price action in recent weeks, with its slow uptrend showing some signs of faltering Its momentum began stalling yesterday when it reached for highs of nearly $70 This seems to shine a light on some underlying weakness, potentially also signaling that further downside is imminent Analysts are noting that this weakness may lead it significantly lower in the near-term One trader is pointing to a breakdown pattern that LTC has formed against its BTC trading pair as another reason why downside is imminent Despite climbing

Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving

Source Node: https://cointelegraph.com/news/bitcoin-bull-market-confirmed-says-planb-as-rsi-repeats-2016-halving
Time Stamp: August 18, 2020 10:24 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The creator of arguably the most famous Bitcoin (BTC) price forecasting tool has declared that the largest cryptocurrency is in a bull market.In a tweet on Aug. 18, quant analyst PlanB, creator of the Stock-to-Flow series of Bitcoin price models, said that with a relative strength index (RSI) of 64, the bull market was “confirmed.”PlanB: BTC “looking strong”RSI is used to determine whether Bitcoin is overbought — or oversold — at a specific price point.Current behavior mimics that of previous halving cycles, with 2012 and 2016 both seeing solid RSI

Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Source Node: https://bitcoinist.com/here-are-the-levels-analysts-are-watching-that-will-determine-bitcoins-future/?utm_source=rss&utm_medium=rss&utm_campaign=here-are-the-levels-analysts-are-watching-that-will-determine-bitcoins-future
Time Stamp: August 17, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that a failure for BTC to post a new high above $12,000 would be a grim

Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?

Source Node: https://bitcoinist.com/will-ethereums-strong-weekly-close-be-enough-to-propel-it-higher/?utm_source=rss&utm_medium=rss&utm_campaign=will-ethereums-strong-weekly-close-be-enough-to-propel-it-higher
Time Stamp: August 17, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees a low-time-frame dip This potential strength comes after it closed its daily and weekly candle