Bitcoin affecting the altcoins, and Ethereum price analysis tells the same tale. Whenever Bitcoin price makes a move on the market was an old thing but these days, good old fear, uncertainty, and doubt (FUD) come into play-this still isn’t any good for the altcoins.
Ethereum (ETH) was having astable enough price tag hung up to it after yesterday’s Bitcoin (BTC) price decline that rallied it below the eleven ($11,000) thousand dollars mark. ETH price is down by almost twelve percent (11.90%) in the past twenty-four hours (24hrs). ETH price stands at one hundred and eighty-three dollars down from two hundred and seven dollars ($207).
ETH price held its ground [...]
Cardano has been reeling under pressure for the past few weeks. Over the last 24 hours as well, the coin lost a whopping 4%. It has dwindled from 0.053 USD to 0.051 USD in this short span.Cardano Price Statistics-Cardano (ADA)13th August 04:53 UTCRank13thROI (Return on Investment)137.15%Coin Circulation25,927,070,538 ADAMarket Cap1,334,916,984 USDValue in USD0.051034 USDValue in BTC0.00000453 BTC24h Volume35,494,760 USDADA to USD Price Comparison-Cardano Price Chart by TradingView
Cardano started the day with a slump in the value which cost the [...]
Bitcoin has been the king of cryptocurrency for quite sometimes and the altcoins vs Bitcoin debate is just as old.
Well, to round things up for you, we are bringing you a review of major altcoins in comparison with Bitcoin. Altcoins vs Bitcoin – Litecoin (LTC) vs Bitcoin (BTC) Dubbed as “the Silver to Bitcoin’s Gold”, Litecoin (LTC), traders had so much only got a five percent (5%) boost from the halving event that had traders on the edge. LTC was supposed to make it big after this even but things didn’t turn out as they were supposed to go.
Currently, at the time of writing, Litecoin is trading at 0.007789 BTC. Litecoin created a triangle pattern [...]
On the 4 hour chart for XBT/USD, we can see the break-down of the asymmetrical triangle mentioned. Speculation that the triangle was indeed a bullish pennant has now been clearly rejected. A break-down of the rising support line was also broken at the same point around $11,700. Since then price levels have been hovering above $11,000 support, the short-term sentiment will largely be determined by whether $11,000 holds or not.
RSI hit oversold flashing a buy signal and has since bounced, heading back for the median 50.0. Volume was rising steadily throughout the build-up to $12,000 and has now started a clear decline. Given that the volume has dropped quite significantly in [...]