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The cryptocurrency market saw a modest recovery on September 5th, with Bitcoin, Ethereum, and other major cryptocurrencies recovering from previous declines.As of 1:02pm IST, Bitcoin was trading 1.2% higher at $57,195, while Ethereum was up 1.3% at $2,414. Other notable gains include Solana up 2.8%, Dogecoin up 2.4%, Cardano up 1.5%, Avalanche up 1.7%, Shiba Inu up 2.6%, and Litecoin leading the pack with a 4.3% gain. I stood up.Edul Patel, CEO of Mudrex, commented: The next support level is $55,200 and the resistance level is $58,800, and traders are closely monitoring these levels for potential breakout signals. ”crypto trackerMeanwhile,…
Confidence among long-term holders of Litecoin has increased in recent months. Indicators suggest that LTC is overvalued and indicate a price correction. Litecoin (LTC) was able to trade above important levels as the market turned bullish. Could this development allow LTC to begin its journey towards $100? Let’s take a closer look at the coin’s status to see if that is possible. Litecoin trades above major levels Litecoin bulls were having a good time in the market as the price of Litecoin rose over 3% last week. The bullish trend continued over the past 24 hours as the coin increased…
In a fast-paced cryptocurrency industry where new blockchains are introduced every day, Tether, the company behind the world’s largest stablecoin USDT, is taking a different path, according to a recent report by Svashree Ghosh of Bloomberg News. That’s what it means. However, Tether has apparently decided not to launch its own blockchain, which goes against the current trend. Tether CEO Paolo Ardoino explained the company’s reasoning in an interview with Bloomberg. He suggested that the blockchain market is becoming oversaturated and that while Tether is good at technology, he believes blockchain will eventually become a commodity. Ardoino added that launching…
An Australian Paralympic athlete has been disqualified after dropping the tether attached to his guide dog during a long-distance event, officials said. Visually impaired long-distance runner Jarryd Clifford was supposed to win bronze in the T13 5000m for visually impaired people at the 2024 Paralympics on Saturday, August 31, but the International Paralympic Committee (IPC) Officials ruled he was not tethered properly. According to the Australian Paralympics, guide Matt Clark crossed the finish line. The 25-year-old Clifford ran the event in 16 minutes, 12.45 seconds, the third-fastest time overall, but officials said he let go of his tether before crossing…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Although BNB and LTC were limited in scope, excitement grew with the launch of DTX Exchange’s testnet. Binance Coin (BNB) and Litecoin (LTC) have had a disappointing performance over the past few days, with prices staying within a range. DTX Exchange’s testnet launch garners attention and bullish predictions excite the Binance Coin (BNB) and Litecoin (LTC) communities as global investors rush to return their capital funnels to cryptocurrencies is encouraging. Binance coin bulls stand tall amidst strategic partnership Binance…
Market sentiment around LTC turned bullish on the charts. Some indicators were bearish, but technical indicators supported the market’s bullishness. The overall cryptocurrency market has seen significant price corrections recently, with the prices of most cryptocurrencies being driven by bears. However, Litecoin (LTC) has taken a different action in the past 24 hours pushing its price higher. Litecoin surprises investors According to data from CoinMarketCap, the daily charts of top cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) were in red. However, Litecoin had other plans. The altcoin has risen more than 3% in the past 24 hours. At the…
Litecoin price is now showing signs of recovery after a period of bearish trend. Recently, cryptocurrencies have experienced a remarkable recovery. Despite a week of declines, LTC is trying to gain momentum, but challenges remain. Currently, most cryptocurrencies’ trading patterns are showing sideways movement. This is indicative of market-wide uncertainty, with Litecoin tentatively showing signs of regaining strength. Litecoin Price Analysis: Signs of Recovery Amid Market Uncertainty Litecoin (LTC) has shown a notable recovery in market price over the past 24 hours, according to the latest data from CoinMarketCap. The cryptocurrency experienced a significant decline, reaching a low of $61.75,…
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From Bitcoin and Ethereum to Dogecoin and Tether, thousands of different cryptocurrencies can make it overwhelming when you first get started in the crypto world. To help you get your bearings, these are the top 10 cryptocurrencies to invest in based on their market capitalization or the total value of all the currently circulating coins. What Are Cryptocurrencies? A cryptocurrency is a digital asset based on blockchain technology that can circulate without the centralized authority of a bank or government. As of August 27, 2024, more than 8,000 cryptocurrencies are in the market, representing a $2.21 trillion market capitalization. Featured…
Litecoin price may be rejected by the 50-day EMA near $66 and may fall further. On-chain data paints a bearish picture as LTC’s long-to-short ratio is below 1. The bearish theory will be invalidated if the daily candlestick closes above $68.80. Litecoin (LTC) price failed to close above the 50-day exponential moving average (EMA) near $66. At the time of writing, shares were trading 1% lower on Friday at $61.96. Furthermore, LTC’s long/short ratio is below 1, painting a bearish picture. Litecoin price fails to close above the 50-EMA and tends to fall Litecoin price is trading within a descending…