Two Cryptocurrencies To Consider Trading, Despite The Bearish Uproar

2019-3-5 22:57

To put it simply, through bullish or bearish periods, traders will trade. Through bearish or bullish periods some tokens and coins will still outperform. And it is all for this reason that these two cryptocurrencies have shown themselves more flexible for trading despite the back and forth movement with the bears.

Litecoin (LTC)

Litecoin LTC has at this moment has attained slight gains of 10.22%, making it one of the cryptocurrencies to make a quick turnaround and give into the bullish comeback. Although not an intense bull run, the cryptocurrency market is beginning to take a correction that has further helped to strengthen LTC’s possibilities of making a major breakout in price.

While one reason to trade LTC would mainly be linked to the fact that the cryptocurrency market is currently in its favor, the coin’s ability to maintain stability through this period of bullish/bearish collision shows that LTC already has enough momentum to crossover and this time to the $60 mark.

Currently trading at $53.03 at press time, LTC is certain to hit $60 anytime soon. Meanwhile, the fight for the 4th spot continues between the coin and its closest rival EOS. Interestingly, LTC has been moving up rather quickly, and with a $9 million increase to its market cap of the previous day, EOS might have to make way for LTC once again.

Binance Coin (BNB)

Unarguably one of the best performing coins for the week has been the Binance coin. One significant factor to note about BNB’s milestone is particularly the swiftness with which the coin moves in both volume and price. A look at BNB’s past data shows a rather slow and steady movement pattern of BNB maintaining a particular trading price for a few weeks or months before making a breakout.

However, this year seems to hold a different pattern from the others, one that communicates a rather increased trading interest amongst traders. Up by 22.36% at press time, BNB moved swiftly from its closing price of $11.55 yesterday and is now trading at $13.76. With market cap currently at $1.94 billion and using data from the past few months to conduct this analysis, BNB could hit the 6th spot this week and head for the $20 mark in the coming weeks.

The post Two Cryptocurrencies To Consider Trading, Despite The Bearish Uproar appeared first on ZyCrypto.

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bearish despite cryptocurrencies two trading periods ltc

Источник: zycrypto.com

bearish despite → Результатов: 126


Crypto Market Watch: Bitcoin (BTC) and Bitcoin Cash (BCH) Price Analysis

Summary After a promising start for cryptos in February, a bearish outlook has engulfed the charts. As the day began, most candlesticks showed red while investor sentiments took a dip. Despite the general bearish outlook in the markets, today’s focus coins have only dipped negligently, each registering less than a percentage point in the loss.

2019-2-23 17:58


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Bitcoin Is Fast Evolving Into a Global Reserve Currency, Says Morgan Creek Digital Founder

Despite the bearish run of 2018, there’s no stopping Bitcoin from emerging a de-facto global reserve currency. It may sound like wishful thinking at a time when the broader crypto market is only just showing the signs of a possible recovery, but the forecast is actually coming from a respected voice in the crypto space […] Bitcoin Is Fast Evolving Into a Global Reserve Currency, Says Morgan Creek Digital Founder was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-2-19 15:29


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Ethereum Price Continues its Push Toward $130 Despite Bearish Bitcoin Momentum

With a tiny bit of bearish pressure on Bitcoin, one would expect both XRP and Ethereum to take advantage of the situation. Contrary to that belief, XRP is not noting any gains right now. Instead, the Ethereum price is getting all the love, as this value is seemingly underway to hit $130 in fairly quick […] The post Ethereum Price Continues its Push Toward $130 Despite Bearish Bitcoin Momentum appeared first on NullTX.

2019-2-18 21:22


Bitcoin Use Increased by 571% in the Past 5 Years and 13% of Online Buyers Have Used Cryptocurrencies, Coinmap and Kaspersky Reveal

The use of cryptos and blockchain technologies has proved to be an unstoppable phenomenon, and despite the bearish streak, adoption is growing steadily under the gaze of critics and proponents. A study by the Russian cybersecurity company Kaspersky Labs has found that more than 13% of consumers have used crypto to make some kind of […] The post Bitcoin Use Increased by 571% in the Past 5 Years and 13% of Online Buyers Have Used Cryptocurrencies, Coinmap and Kaspersky Reveal appeared first on Ethereum World News.

2019-2-15 05:45


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Analysts Bearish on Ethereum as $100 Level is at Risk of Being Breached, Gloomy Short-Term Future

Following a long period of sideways trading in the cryptocurrency markets, Bitcoin’s recent drop to $3,400 has led most major cryptos to dip and has caused one analyst to turn bearish on major cryptocurrencies like Ethereum (ETH) and Litecoin (LTC), despite many analysts recently being bullish on these cryptocurrencies.

2019-2-7 03:00


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