Litecoin, on the price charts, is in a disastrous position. But, this wasn’t always the case. In fact, the digital silver was one of the most bullish coins in 2019. Giving Binance Coin, which marked its debut in the top-10 this year, a run for its money, Litecoin saw an over 300 percent price gainContinue reading “Litecoin Hic-Cups out of the handle; now holding on to a delicate wedge”
Latest Articles from Aakash Athawasya
News 1
Facebook’s Libra could be stalled owing to regulatory concerns, claims Managing Director Bertrand Perez
Standby! Your [capital] flight to Switzerland could be delayed yet again, due to an overextended layover in Washington! Libra is feeling what it’s like to be a fully-fledged member of the cryptocurrency world. What’s funny is that it isn’t even a member of the crypto-world yet, nor is it an actual cryptocurrency, but who cares?Continue reading “Facebook’s Libra could be stalled owing to regulatory concerns, claims Managing Director Bertrand Perez”
Ethereum, spurring on the Futures, stalling on Spot. The largest altcoin in the market is slumping in the here and now, but on the derivatives front, the Ethereum market looks strong. While altcoins are on a road to recovery following a disastrous few days owing to the massive sell-off, ETH is leading the charge withContinue reading “Ethereum Open Interest building as spot price begins its road to recovery”
From a price and markets perspective, the most important event of 2019 was the Litecoin halving. Following the halving, the fourth largest cryptocurrency in the market [for the better part of the year] and one of Q1, Q2’s biggest gainers, was primed to build more bullish momentum. However, this soon simmered out, and how. Litecoin,Continue reading “Litecoin stuck in a parallel channel as bullish fakeout fails to find momentum”
Altcoin
Cardano prepares for a price breakout in the short term as charts reveal formation of an ascending triangle
The crypto-market is on a consolidating spree after a massive fall on Wednesday, wherein most of the altcoins were in the red and saw a double-digits decline. Cardano [ADA], currently ranked 12th on CoinMarketcap, was trading at $0.039 at press time, recording a rise of 4.24% over the last 24 hours. 1-Hour Price Chart LookingContinue reading “Cardano prepares for a price breakout in the short term as charts reveal formation of an ascending triangle”
The woes seem to be piling on for Litecoin. Less than two months have passed since the sixth largest cryptocurrency in the market went through its halving, and the price has since undergone its own halving. Priced at $102 on the eve of the August halving, the coin is close to reaching half that value.Continue reading “Litecoin trapped in a descent with yet another price breakdown looming”