Litecoin’s development team recognized the issues slowing down Bitcoin: slow transaction speed, argumentative community, no mining incentive. Trade recommendations and analysis are written by our analysts which might have different opinions. That said, as the sell-off already cleared the overbought long-term readings, investors could accumulate BTC near the main support levels below $10,000. Just look at the gains below: Ethereum is up by Today, I want to talk about another contender bitcoin next week. Click here to change your current membership -- // BTC/USD, 4-Hour Chart Analysis Ethereum continues to hover around the $1000 level, as volatility in the coin remains lower. ( The post-crash bounce that carried Bitcoin and altcoins higher in a concerted fashion, ended on Sunday, and the major cryptocurrencies are now under pressure again, with steep losses across the board. 5 seconds to complete a transaction that takes Bitcoin 10 minutes bitcoin next week. // -- Discuss and ask questions in our community on Workplace. Â Â Â Â Â Â Â Â Â Â Yellen or Somebody New Will Lead the Fed. Technical trading is still dominant, with no major news behind the move as a catalyst, and as the correlation between the coins is still very high. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. We ll keep you on top of all the hottest investment ideas before they hit Wall Street. A more cohesive community: Litecoin is not as tumultuous as Bitcoin.
And no, I don t blame you if you just laughed at that. Since January 2017, Litecoin is up by over 150%, moving from $20 to a high of $55. ETH, Daily Chart Analysis // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. ( The major coins started the week on a negative note, as the broad correction entered another bearish swing after a strong pre-crash bounce. Another really dominant coin could come out this year or next year. It became the third digital currency to be available on digital currency exchange Coinbase. With Ethererum and Litecoin gathering strength and Monero also showing signs of activity, another round of ârotationâ might be happening in crypto world. The truth is that in the digital currency world, price is not always a reflection of the underlying technology. XRP/USDT, 4-Hour Chart Analysis Important: Never invest (trade with) money you can t afford to comfortably lose. Click here to change your current membership -- // BTC/USD, 4-Hour Chart Analysis Ripple plunged back to the $1. The outcome could be vital for the future of the autonomous region, as Iran and Turkey are also against an independent state, and with the threat of ISIS declining the US might also back away from the Kurds. With the long-term setup still suggesting the correction to continue, a move below $9000 looks likely in the coming days, with possible targets for the move at $8250 and $7650. This means, even though the world currently has Bitcoin fever, a potentially more lucrative currency is out there.
Yellenâs chances for a second term are slim, but she might turn out to be the safe bet for the sensitive position. That said, with the great fundamental background the coin might be in for another mind-blowing surge, so keeping some chips on the table is a good idea, without forgetting the rising correction risk, of course. If you were, you probably recall an email you received a few weeks ago.BridgeCoin.. Â With equities still looking stretched a risk-off turn in financial markets could supply the fuel for such a move. Since the start of this year alone, investors have raked in profits on altcoins. Following the somewhat tricky Kurdish independence vote, which was most likely a slight bluff from the Pesmerga leadership, the Iraqi army started to assemble forces near the strategic city of Kirkuk. With digital currency, we have witnessed the birth of a whole new investing frontier. In any case, volatility should increase significantly tomorrow, so short-term traders should be controlling position sizes even more than usual. Since the start of 2016, this token is up by over 920%. Bitcoin is slightly above $10,000 today in late trading after plunging below $11,300 earlier on, with trading volumes increasing again after the relatively quiet consolidation period. As correlations between the major coins remained very high, altcoins tracked the movements of BTC closely, still pointing to a nervous and bearish sentiment in the sector. If Bitcoin can operate as a new global currency, Litecoin can do the same. .