Litecoin Price Analysis: LTC/USD ready to reverse below $60.00 after a strong recovery attempt
Litecoin is the seventh-largest digital asset with the current market capitalization of $4 billion. At the time of writing, LTC/USD is changing hands at $61.8, while an average daily trading volume amounts to $2.8 billion. Litecoin is down 1.5$ since the start of the day; however, it is still over 6% higher on a day-to-day basis, which makes it the best-performing altcoin out of top-10. Read more ...
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Ethereum Price Analysis: ETH/USD ready to retest two-year high after a short-lived correction
Ethereum (ETH) has hit $430.00 during early Asian hours amid strong bullish momentum. While the coin retreated to $423.00 by press time, it is still over 4% higher from this time on Sunday and close to the highest level in the recent two years. Ethereum's trading volume exceeded $12 billion, while its market capitalization is registered at $47.5 billion. Read more ...
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Ripple Market Update: XRP is the least-favored altcoin in Japan
The Japanese traders prefer Bitcoin over XRP, according to the recent research published by Japan Virtual and Crypto Assets Exchange Association (JVCEA) on August 19. The analysts found out that investors tend to sell XRPs and other altcoins to buy Bitcoin as the share of BTC in the total transactions value on the cryptocurrency exchanges catapulted to 87%. Meanwhile, the number of active accounts hit the all-time high at 13,987 in April 2020 (the latest available data). Read more ...
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Dogecoin whale activity takes a hit, will DOGE price plummet?
Dogecoin notes a drop in the count and volume of whale transactions in the last two days. On-chain data from IntoTheBlock shows that whales have likely slowed down their activity. DOGE adds nearly 3% to its value on the day and the largest meme coin trades at $0.1329.
XRP is back above $0.55 with uncertainty over SEC appeal in lawsuit against Ripple
Ripple gains on Thursday as traders digest the uncertainty in the Securities & Exchange Commission’s appeal in the lawsuit. A spokesperson from the US-based financial regulator has confirmed that the process has been followed and the relevant documents will be available publicly soon.
Solana Price Forecast: SOL hovers above $150 as interest in building on its blockchain doubles in 2024
Solana hovers around the $150 level on Thursday. Recent gains in the native token of the Solana blockchain are likely catalyzed by rising investor and developer interest.
Ethereum Price Forecast: Bulls are gaining strength
Ethereum’s price trades broadly stable above $2,600 on Thursday after finding support at a key level on Tuesday. Increasing fees indicate greater network usage, and a record high in ETH staking during the third quarter suggests that more holders are seeking yield.
Bitcoin Weekly Forecast: Will BTC decline further?
Bitcoin’s (BTC) price fell over 6% at some point this week until Thursday, extending losses for a second consecutive week, as it faced rejection from a key resistance barrier.
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