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Bitcoin, gold, or stocks? Senior commodity strategist weighs in on the battle

Cryptocurrencies, commodities, and stocks are among the most popular risk assets for investment and trade, also leading finance indicators. Bitcoin … Continue reading The post Bitcoin, gold, or stocks? Senior commodity strategist weighs in on the battle appeared first on Finbold .

Litecoin (LTC) Outperforms Dogecoin (DOGE) in On-chain Activity

For everyone who has been following the digital footprints of popular cryptocurrencies in the market, Litecoin (LTC) has been the coin to look out for over the last couple of days. It is rare that a coin processes $2.8 billion in transactions over $100K daily and exceeds 50% of its market cap, outperforming most Layer 1s, including Dogecoin. There are speculations that the price of LTC is about to go over the roof, but what exactly is fuelling its performance? What Makes LTC Worthy of Attention? Litecoin, often hailed as the silver to Bitcoin’s gold, is one of the oldest

Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast

Both experienced traders and experts are drawn to Litecoin (LTC). Declaring it “about time for LTC to wake up,” John Bollinger, the author of the well-known Bollinger Bands, recently hinted to an upcoming change for LTC. As Bollinger examined Litecoin’s monthly chart using his own method, this enigmatic signal laid the ground for a possible price rise. Related Reading: Cosmos (ATOM) Set For 50% Rally After Recent Plunge, Analyst Eyes $12 Target Focusing on the narrowing of the Bollinger Bands—a main signal of low market volatility— Bollinger’s study implies Litecoin could be about to undergo a notable price movement. His guidance on changing the logarithmic scale for a more exact data interpretation emphasizes the complex character of crypto research. Given that the lower Bollinger Band is almost zero, the stage is prepared for a possible breakout as historically such circumstances usually precede significant price changes. Squeezy, squeezy. About time for LTC to wake up. — John Bollinger (@bbands) July 22, 2024 Snapshot Of The Current Markets With a market capitalisation of $5.35 billion and a current trading price of $73.27 Litecoin ranks as the 21st biggest cryptocurrency by market valuation. Litecoin’s past shows a consistent performance, despite its recent slow down. Often referred to as the “silver” to Bitcoin’s “gold,” the cryptocurrency had already peaked on May 10, 2021 at $414. Litecoin’s price has been much below its high in the current market environment, which offers investors a possible purchase chance. With short-term and long-term estimates showing significant increase, CoinCheckup’s newest study and forecast point to a positive picture. Technical data and Bollinger’s professional analysis support this hope by implying that the altcoin could be about ready to climb from its present plateau. Litecoin Price Forecast Looking ahead, Litecoin has a quite bright future. LTC is expected to climb 11.73% over the next three months, according to CoinCheckup; this might create conditions for a more spectacular surge of 211.52% during the following six months. With an expected increase of 143% during the next year, the long-term projection is even more hopeful. This projection highlights the possibility for large returns, therefore presenting Litecoin as a good investment choice for anyone ready to negotiate the erratic bitcoin market. Litecoin could possibly be about to enter a new phase of expansion based on technical signs pointing to an impending spike and professional opinions supporting the prognosis. Related Reading: Chainlink Inches Closer To $18 Despite Bearish Pressure – Analyst Investors should approach with care and do extensive study as usual before deciding what to invest in. The market for cryptocurrencies is notorious for its volatility, hence even if Litecoin seems to have bright future potential, it is advisable to remain knowledgeable and strategic in any kind of investing strategy. Featured image from Inc. Magazine, chart from TradingView

Bitcoin, Gold, and Silver Prices Set to Skyrocket with Trump’s Return: Bestselling Author

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has recently suggested the flagship cryptocurrency Bitcoin will a, long with gold and silver, see its price rise “when Trump becomes President again.” Per the bestselling author, Trump is looking to weaken the country’s fiat currency, the U.S.

R. Kiyosaki predicts Bitcoin, gold, silver prices if Trump becomes President

After incumbent United States President Joe Biden announced he was withdrawing from the election race against Republican candidate and former … Continue reading The post R. Kiyosaki predicts Bitcoin, gold, silver prices if Trump becomes President appeared first on Finbold .

Robert Kiyosaki Advocates Wealth Preservation with Bitcoin, Gold, and Silver

Kiyosaki emphasizes the importance of earning passive income now. He advocates Bitcoin, gold, and silver for wealth preservation. Continue Reading: Robert Kiyosaki Advocates Wealth Preservation with Bitcoin, Gold, and Silver

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