#Price Analysis

Litecoin Outperforms Crypto Markets, Clears $300 Handle

December 12, 2017 by Jamie Holmes at Altcoins, News, Price Analysis

Volume is a key indicator in the markets; for litecoin, this key metric over the past 24 hour approached half a million bitcoin or, in other words, $7.74 billion. The interest shown by investors and traders is equal to half the altcoin’s market capitalization. Closing December 11 around $210, litecoin...

Ethereum Price Peaks at $627, Consolidation to $520 Likely

December 12, 2017 by Daniel Bruno, Chartered Market Technician at Ethereum, News, Price Analysis

Finally! The cryptocurrency markets achieved another comprehensive advance on December 12, but — breaking from recent norms — the bitcoin price was not leading the rally. That honor belonged to the ether price and litecoin price, each of whom surged to all-time highs and helped catalyze a record day for...

Bulls Bid Litecoin Price to New Peak at $156

December 9, 2017 by Jamie Holmes at Altcoins, News, Price Analysis

LTC-USD reached a fresh all-time high on December 9, exceeding the $150 handle, as altcoins display large gains. Bitcoin recently reached a new all-time high and since then, the price has subsided to around $14,500 at the time of writing. For the first quarter of 2017, litecoin remained stable, trading...

$3000 in 24 Hours: Bitcoin Displays Highest Ever Daily Gain

December 8, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

December 7 showed excitement in bitcoin markets, as bulls demonstrated their dominance with bitcoin breaking the $14,000, $15,000 and $16,000 levels in quick succession. The price action showed the largest one-day gain in the cryptocurrency’s history, almost $3000 on the Bitstamp exchange. The price of bitcoin has firmly secured the...

Bitcoin Sets Sights on $13,500 as the Cryptocurrency Reaches News Highs

December 6, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

As stocks plunge globally on geopolitical concerns, Bitcoin has reached a fresh all-time high, nearing the $13,000 level. As we approach the end of 2017, profit taking will be a major theme in traditional markets, while geopolitical events are heating up, providing an opportunity for bitcoin to galvanize its advance....

Bitcoin Regains $11,000 and Establishes New Highs: A Charge to $13,000 Next?

December 3, 2017 by Jamie Holmes at Price Analysis

The price of bitcoin has regained the $11,000 handle on December 3, after the market tested the psychological level on December 2 and failed to close above the milestone. However, on December 3, BTC-USD breached the previous all-time high at $11,395 to reach new highs at $11,720.27. The breach of...

Dash’s Rise to $800: The Altcoin Displays its Biggest Monthly Price Gain

November 30, 2017 by Jamie Holmes at Altcoins, News, Price Analysis

As the price of bitcoin moves into five-figure territory, Dash is pacing to new highs against the US dollar and nearing $1000. DASH-USD hit an all-time high of $815 on the Kraken exchange on November 29, displaying gains at a time when bitcoin suffered huge volatility and closed in the...

Litecoin Reaches $100 for the First Time in its Six-year History

November 28, 2017 by Jamie Holmes at Altcoins, News, Price Analysis

As bitcoin flirted with (and eventually exceeded) the $10,000 level on November 28, litecoin has set a new price record, advancing above $100 for the first time on Coinbase. The altcoin has exhibited a bullish streak since late March, when LTC-USD began to move above the $10 handle and eventually...

Bitcoin Price Ascends to Fresh High, Within a Whisker of $10,000

November 28, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

Another psychological level is in the sights of bitcoin bulls, after a break of the $1,000 handle back in March 2017; this time it’s $10,000. Just a couple of days after Vegeta memes populated the crypto Twittersphere in celebration of the cryptocurrency’s rise above $9,000, the price of bitcoin moves...

Ethereum Price Hits $420, Opening the Door to $650

November 23, 2017 by Jamie Holmes at Ethereum, News, Price Analysis

Ethereum’s ether has surpassed the previous all-time high at $404.99 to reach $420 on November 23, opening the door to $651.62. The bullish trend follows on from Devcon three and the release of the code for Casper. The daily chart below for the Kraken exchange displays the bullish run ether...

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