Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Bitcoin continues to hold middle ground as Litecoin sides with the bulls

2019-4-21 13:30

Bitcoin [BTC], the largest cryptocurrency in the ecosystem, witnessed a minor fall at press time with the valuation falling by 0.11 percent. The coin experienced a major price hike recently which pushed forward its valuation north of $5,000. The coin was priced at $5,338 at press time.

Litecoin [LTC] enjoyed a lucrative surge during the bull run, which saw it’s valuation pump tremendously. However, the coin exhibited a devaluation of 2.10 percent at press time. The coin recorded a market cap of $4.96 billion and the coin was valued at $80.74.

Bitcoin 1-day chart:

Source: Trading View

The one-day chart of Bitcoin demonstrated a major uptrend which extended from $3,651.1 to $5,293.7.  The support line was at $3,434.1. The resistance line formed after the surge was at $5,312.4, however, at press time, Bitcoin had breached a new resistance and the valuation went up to $5,338.4.

The Bollinger Bands indicated a less volatile period for the coin’s valuation as the markers converged on the charts.

The MACD line remained below the red line, which implied a bullish trend. However, the lines remained at close proximity which opened up the possibility of a trend reversal.

The Chaikin Money Flow of CMF line was above the zero-line on the chart, which pointed at the fact that capital was coming into the market.

Litecoin 1-day chart:

Source: Trading View

The one-day chart of Litecoin presented multiple supports at press time. The initial support was at $44.084 and the support line was at $61.225. The uptrend extended the valuation of the coin from $62.354 to $93.124, but the momentum failed to build up as the coin experienced devaluation.

The Parabolic SAR markers remained under the candlesticks, which pointed to a bullish trend for the coin.

The Relative Strength Index or RSI exhibited an equilibrium between the buying and selling pressures in the market.

The Fisher Transform pointed towards a bullish trend for the coin as the blue line remained above the red line.

Conclusion:

The indicators pointed towards a neutral market for Bitcoin [BTC], however, the indicators for Litecoin [LTC] were on the positive side as they pointed towards a bullish market.

The post Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Bitcoin continues to hold middle ground as Litecoin sides with the bulls appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68289.41 (-0.07%)
Объем 24H $27.633b
Изменеия 24h: 0.69 %, 7d: 1.71 %
Cегодня L: $68231.03 - H: $68598.46
Капитализация $1345.704b Rank 1
Цена в час новости $ 5270.23 (1195.76%)

bitcoin litecoin price btc ltc analysis bulls

Источник: ambcrypto.com

bitcoin litecoin → Результатов: 126


Does Litecoin’s halving provide clues ahead of Bitcoin’s next April?

Key Takeaways The next Bitcoin halving is slated for April 2024, the fourth of Bitcoin’s existence Litecoin has just undergone its fourth halving, but the price effects of Litecoin halvings in the past have not been as strong Sample size is small meaning it is hard to conclude with confidence whether halvings have tangible price […] The post Does Litecoin’s halving provide clues ahead of Bitcoin’s next April? appeared first on CoinJournal.

2023-8-17 17:31


Фото:

Adult Entertainment Giant Pornhub Now Lets Models Get Paid With Bitcoin And Litecoin

The top adult entertainment platform, Pornhub, has added Bitcoin (BTC) and Litecoin (LTC) as crypto payment options for its premium content. In a September 2nd tweet, the company stated: “To further expand our cryptocurrency options for Pornhub Premium, we’re excited to announce that we now accept Bitcoin & Litecoin as payment methods!” It should be […]

2020-9-3 22:47


За два дня акции Bitcoin Cash и Litecoin выросли на 753% и 351%

Grayscale Investments – единственная американская компания, получившая разрешение Регулятора США (SEC) на внебиржевую торговлю ценными бумагами, привязанными к реальной криптовалюте. Первыми акциями рынка OTC стали Bitcoin и Ethereum, 18-го августа к ним добавились Litecoin и форк Bitcoin Cash.

2020-8-21 16:06


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Picasso’s Granddaughter: Our Family Will Continue Producing NFTs

Marina Picasso – granddaughter of the renowned painter and sculptor Pablo Picasso – said she and her son Florian will continue launching NFT collections depicting the artist’s work. The digital collectibles caused disputes among the family as some members did not agree with the initiative.

Golden Globe-Winner John Legend to Introduce NFT Platform for Musicians

The renowned singer, songwriter, and producer – John Legend – launched a non-fungible token (NFT) platform for musicians and entertainers. His partners in the initiative are Chris Lin – the man in charge of the digital music service KKBOX, Kevin Lin – Co-Founder of Twitch, and Matt Cheng – Founder of Cherubic Ventures.

GameStop to Launch a Blockchain-based NFT Marketplace

The American video game retailer – GameStop Corp. – partnered with Immutable X Pty Limited (a scaling solution for non-fungible tokens) to establish an NFT marketplace. As part of the deal, both parties created a $100 million fund.

Bitcoin Cash hard fork BCHA faces 51% attack

The recently forked BCHA chain is currently under attack by an anonymous miner that is attempting to force whatever is left of the chain into non-existence. The anonymous miner, known as voluntarisThe post Bitcoin Cash hard fork BCHA faces 51% attack appeared first on AMBCrypto.

Data clarifies why 2020 is a defining year for Bitcoin

The entire asset class is tied together. Whenever Bitcoin rises there is a certain inevitability of other altcoins rising along with it. It happened in 2017 and now it is happening in 2020. Over thThe post Data clarifies why 2020 is a defining year for Bitcoin appeared first on AMBCrypto.

Why we can't rule out Bitmex from the Bitcoin game just yet

For BitMEX, it hasn't been the best of years from a popularity perspective. First, it faced massive criticism during the March 13th crash, when traders lost money due to an alleged DDOS attack, andThe post Why we can't rule out Bitmex from the Bitcoin game just yet appeared first on AMBCrypto.