Crypto Markets Analysis: While the two largest cryptocurrencies by market cap trade near recent levels of support, lesser known altcoins trade at twice their average volume. GWilliamsJr_CMT reports
While bitcoin and ether slid for a fourth consecutive day to trim a portion of their respective 66% and 53% year-to-date gains, a couple of lesser-known altcoins rose on high trading volume Tuesday.
Lower volume nodes between 26,700 and 25,000 represent areas where prices could decline quickly, given the decreased levels of historic agreement.The current level of support will have been broken through to the downside.The next higher volume node to the downside sits at $23,950, roughly 14% below current prices.
The spread between ether’s Bollinger Bands has been declining over the most recent seven days, declining by 3% most recently. The narrowing volatility coincides with high volume nodes at $1,811, implying that near-term support exists for ETH prices.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Paypal users' crypto holdings near $1 billion, mainly bitcoin and etherPayPal's customers have entrusted $943 million in crypto assets with the electronic payments firm.
Lire la suite »
'Rich Dad Poor Dad' Author Says World Banking System Collapsing, Doubles Down on His Bitcoin BetStick with Bitcoin, 'Rich Dad Poor Dad' author theRealKiyosaki says, here are his major reasons. $BTC
Lire la suite »
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues – Exchanges Bitcoin NewsThe implementation of the Lightning Network by Binance would allow users to have the option of sidestepping the high fees collected by the BTC network when experiencing this kind of congestion.
Lire la suite »
Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows – Bitcoin NewsDuring the last two weeks, Bitcoin’s scaling challenges have sparked lots of controversy and diverse perspectives.
Lire la suite »
Bitcoin Cash (BCH) up 8%, Is This Growth Connected to Bitcoin?Bitcoin's network congestion appears to be responsible for growth of Bitcoin Cash (BCH)
Lire la suite »
Pepecoin Drops Nearly 50% From Highs as Traders Likely Taking Profits for Ether$PEPE holders may be taking profits on their positions following one of the most spectacular rises in the history of altcoins with an almost 5,000,000% rise in the past few weeks. By shauryamalwa.
Lire la suite »