fbpx
QQQ
-0.44
337.55
-0.13%
DIA
-0.30
338.19
-0.09%
SPY
+ 0.21
411.28
+ 0.05%
TLT
-0.06
137.57
-0.04%
GLD
-0.96
164.22
-0.59%

Bitcoin, Ethereum & Litecoin - American Wrap: 4/29/2020

April 29, 2020 5:29 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Bitcoin, Ethereum & Litecoin - American Wrap: 4/29/2020

Bitcoin Shooting Higher Gaining Double-Digits

The Bitcoin bulls are further extending to the north in the latter stages of the day, now holding chunky double-digits gains of some 12% at the time of writing. Momentum really picked up pace as the price shot through the $8400-500 price range.

BTC/USD is now trading up at the highest levels seen in some three weeks. The price has been running higher for some nine sessions now, gaining pace to the north, as key barriers are broken; $7000, $7500, $8000, and now $8500.

Ethereum Price Analysis: ETH/USD Bullish Momentum Is Growing Following Reclaim Of $200

Following the move back above $200, there will be room for a fast return back up to $250, the next major upside barrier and then $280. It is also worth noting the bulls were able to break down a descending trend line, which had been in play since 15 February. 

Litecoin Price Analysis: LTC/USD Bull Flag Breach Attractive Greater Buying Confidence

Litecoin price is trading in positive territory by 3.35 % in the session on Wednesday. LTC/USD can see another strong wave of buyers once April highs are broken. The next major barrier to the upside should be noted at $47.50, $50 and then $62. 

Image sourced from Pixabay


Related Articles

Is Buying Tesla Stock In Tokens Rather Than Actual Shares The Better Choice?

Which is the better choice — buying regular shares of Tesla Inc (NASDAQ: TSLA) and other companies or buying the securities in a token format? read more

Two Contrary Bitcoin Tales: How Crypto Mining Equipment Is Buoying Nvidia's Numbers and Pushing Down Canaan's

Nvidia Corporation (NASDAQ: NVDA) said on its annual investor day it is raising its first-quarter revenue estimate for newly introduced mining hardware. read more

IPO Preview: Coinbase, AppLovin, TuSimple Highlight Big Week Of Market Debuts

The week of April 12 is shaping up to be a big one for public debuts, with many investors watching the highly anticipated direct listing of Coinbase. Here's a look at the Coinbase IPO and other companies set to go public this week. read more

$760M Worth Of Bitcoin Transferred From Coinbase Ahead Of IPO, Report Shows

Bitcoin (CRYPTO: BTC) has been fluctuating around the $60,000 levels slowly but steadily approaching its all-time high price after breaking through $60,000 again earlier today. What Happened: Bitcoin's price increased by nearly 22% from its 24-hours low of $50,278 to a high of $61,199 before correcting to just over $60,000. read more