Category: Economy

Litecoin Price Prediction – September 16

The Litecoin price prediction shows LTC moving down within the market as its sell-offs may cross below the moving averages.

LTC/USD Market

Key Levels:

Resistance levels: $220, $230, $240

Support levels: $160, $150, $140

At the time of writing, LTC/USD is changing hands to $186, down from the recent high of $195.49. The coin is seen above the 9-day and 21-day moving averages on the market and it could be mainly influenced by speculative sentiment and technical factors, while fundamental developments remain in the shadows. The cryptocurrency market is known for its behavior because everything grows and falls simultaneously.

Litecoin Price Prediction: Would Litecoin Price Spike or Retreat?

After the Litecoin price tested the resistance level of $195.49, and the bulls failed to hold the ground. The widespread retracement on the market brings the coin towards the … Read more

Bitcoin Price Prediction – September 15

The daily chart reveals that the Bitcoin price prediction is making a come-back after touching the monthly low of $42,830.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $52,000, $54,000, $56,000

Support Levels: $43,000, $41,000, $39,000

At the time of writing, BTC/USD is teetering at the $48,129 resistance level. There have been instances where BTC has exchanged hands above the 21-day moving average in order to keep bullish price action intact. However, the path of least resistance remains on the downside as the daily chart shows that the coin remains within the 9-day and 21-day moving averages.

Bitcoin Price Prediction: Would Bitcoin Price Go Up?

Looking at the daily chart, if the pennant support caves in, even $45,000 could not manage to hold as support. Therefore, the Bitcoin price is likely to remain below the … Read more

National currencies such as Euros or US dollars are payment methods whose value is guaranteed by state institutions and central banks. They are therefore country-specific, depend on state bankruptcy and bank failures, and are directly affected by inflation.

Cryptocurrencies are detached and independent from many of these factors. Instead, their value is currently still determined more or less exclusively by supply and demand.

The enormously energy-guzzling and expensive blockchain computing power has a negative impact on value performance, especially with the ongoing trend of the increasing search for sustainable alternatives. As the demand for blockchain-based digital “payment methods” grows, so do the costs. The rally of Bitcoin, Ether and Co. this year already shows how volatile cryptocurrencies currently are.

In the case of decentral stored crypto assets, some providers and retailers offer to pay with bitcoins, but this is very rarely used in practice. Transactions are associated with a high … Read more

The fact is, the world of cryptocurrency has taken over every aspect of our global economy, yet while an undeniable buzzword and regular topic of discussion for investors and amateurs alike, there is still a lot of confusion about this powerful financial instrument. At the end of the day, people want a clear answer to one major question: How do you earn cryptocurrency – and what is the best way to do so? The answer to this question is clear: Crypto mining.

Few could argue with the longstanding efficacy of crypto mining. Since the early days of cryptocurrency, this method has maintained a hold on the digital marketplace. Nowadays, however, the viability of the average human tapping into its potential is slim to none. Crypto mining, unfortunately, requires expensive equipment, extensive knowledge, and an exponential amount of power – all things that the average investor is less likely to have … Read more

Crypto investors looking for long term returns understand that the market is filled with coins that could deliver just that. The market has matured quite nicely, and this means that you can easily find an assortment of coins to help you meet your investment goals. ==With September moving into its third week, you might be wondering which coins will give you the best chances of making great long term returns. We’ve got an incredible selection for you, so check the list out.

1. Ethererum (ETH)

If you’re looking for long term returns on crypto, ETH is an impressive asset for you to buy. The coin has performed excellently this year, and there is still some upside for ETH to go as we move into the third week.

Ether has been riding on the successful London hard fork that came to the Ehereum blockchain last month. The hard fork … Read more