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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

MATIC, Solana, BAT Price Analysis: 02 September

Source Node: https://ambcrypto.com/matic-solana-bat-price-analysis-02-september/
Time Stamp: September 2, 2021 6:00 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Bitcoin’s foray above $50k impacted the altcoin industry positively. Altcoins such as MATIC and Solana kicked off recent rallies. Amidst MATIC’s scalability news, institutional investments hiked pushing the coin up by 8.8%. Solana eyed revisiting its all-time high of $125.95 with a 7% appreciation over the last 24 hours. Finally, BAT retested its one-week high in 8 days after hiking by 4.6%.  MATIC MATIC/USD, TradingView MATIC surged by 8.8% over the last 24 hours and was trading at $1.51. The crypto touched this price level for the second time in

Why this billionaire investor’s crypto-investment advice has no basis

Source Node: https://ambcrypto.com/why-this-billionaire-investors-crypto-investment-advice-has-no-basis/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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Republished By Plato

The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on

Ethereum Issuance Drops Below Bitcoin’s For the First Time, Why This May Lead to a New Rally

Source Node: https://www.newsbtc.com/news/ethereum/ethereum-issue-drops-below-bitcoin/
Time Stamp: August 28, 2021 2:00 PM - Modified On: August 28, 2021 - Published By:
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Republished By Plato

Ethereum has been on a rally for the past week, moving from a two-month low at $1,700 to its current level at $3,223. Several factors have pushed the crypto market into a new rally, but most seem to gravitate around ETH and its ecosystem. ETH moves sideways into the weekend on the 24-hour chart. Source: ETHUSD Tradingview After the implementation of EIP-1559, Ethereum’s native token became a deflationary asset due to the change in its fee mechanism. To validate transactions on the network a portion of ETH is “burn”, meaning

Why XRP’s recovery and rally would depend on bridging the fair value gap

Source Node: https://ambcrypto.com/why-xrps-recovery-and-rally-would-depend-on-bridging-the-fair-value-gap/
Time Stamp: August 27, 2021 6:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

XRP’s price action has kept investors and traders on the edge of their seats over the last month. The altcoin’s move from $1.9 to under $0.5 and then up to $1.35 has been a remarkable journey, to say the least. However, at the time of writing, XRP was down by 2.5% in 24 hours and 13% in one week. Is the time to shine over for XRP after more than 100% gains over the last month? Or will the altcoin reclaim its ATH levels?  High social anticipation  The social anticipation

Mapping out how Cardano’s next attempt to breach $3 might go

Source Node: https://ambcrypto.com/mapping-out-how-cardanos-next-attempt-to-breach-3-might-go/
Time Stamp: August 27, 2021 4:30 PM - Modified On: August 27, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has seen a healthy correction after a near 200% surge from its July lows. On the dip, ADA’s May ATH of $2.64 marked an ideal entry point for bullish traders and the charts recorded northbound momentum once again. On the downside, it was doubtful whether ADA would be able to sustain another bull run without a stronger correction. The RSI was close to the overbought zone and the

Litecoin, IOTA, Dogecoin Price Analysis: 27 August

Source Node: https://ambcrypto.com/litecoin-iota-dogecoin-price-analysis-27-august/
Time Stamp: August 27, 2021 2:00 PM - Modified On: August 27, 2021 - Published By:
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It has been a mixed trading day for the altcoin market despite Bitcoin breaking above $47k. Litecoin lost 2% of its value and was trading close to the $163.24 support line while IOTA declined by 5% and moved closer to the $0.795 price floor. Finally, Dogecoin flashed signs of consolidation with chances of a price reversal according to its technicals.  Litecoin [LTC] LTC/USD, TradingView Litecoin was trading at $169.49 after it lost 2% over the last 24 hours. The coin was trading close to the immediate support level of $163.24.

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Source Node: https://decrypt.co/79093/ethereum-competitor-solana-hits-all-time-high-as-market-continues-to-rise
Time Stamp: August 21, 2021 7:11 AM - Modified On: August 21, 2021 - Published By:
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Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by

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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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

Bitcoin: Why this might not be the ‘dip to buy’

Source Node: https://ambcrypto.com/bitcoin-why-this-might-not-be-the-dip-to-buy/
Time Stamp: August 16, 2021 11:00 AM - Modified On: August 16, 2021 - Published By:
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Rooting against Bitcoin during a positive rally could be considered cynical by the hyper-bullish community, but it is important to note down important reversals. After all, the asset unleashed a relentless recovery on July 20th, and from a healthy side of things, ‘rooting’ against Bitcoin now only helps the digital asset in the long term. In line with that thought, we analyzed a few important signals that surfaced over the past 24-hours, that may act as key insights for the next few days. SMA tussle for Bitcoin? Source: Trading View