News updates from November 10: Rates of inflation in US and China hit multi-decade highs, Electric vehicle start-up Rivian soars in stock market debut, Czech billionaire buys 27% stake in West Ham UnitedLatest news updates: UK scraps plans for London’s 305-metre TulipLiquidity drought in Treasury market accompanies unexpected rallyA different kind of housing bubbleHedge fund Millennium returns billions to clients in shift to long-term assets
Litecoin price has entered a tight congestion zone since the initial spike above the Cloud on October 20th. The trading range has been limited to the Tenkan-Sen at $196 above and Senkou Span B at $188 below. Thus, Litecoin has prime conditions for a bullish expansion move to occur, but bulls are unable or unwilling to make that happen.
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Dogecoin (DOGE) turned down from $0.29 on Nov. 8, indicating selling on rallies. The price has dipped back to the 20-day EMA ($0.26), which is an important support to keep an eye on.
Although mining periodically produces new cryptocurrency units, most cryptocurrencies are designed to have a finite supply — a key guarantor of value.
When formed by real members instead of bots—we’ll get to that in a second—these communities are unofficial and unpaid public relations departments continually working in favour of the reputation of the projects they support.
“Don’t check on it. That’s the best thing you can do. If you let your emotions get too much into it then you might sell at the wrong time, make the wrong decision,” says Yang.
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Polkadot has increased more than 9 percent in the last week. It is trading at $52.87.
Currently, the global crypto market cap stands at $2.94 trillion, an increase of 3.21%. Other cryptocurrencies were also trading in the green.
But one of these sessions caused SafeMoon’s price to plummet by more than 50 per cent.
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Mr Rocket also cited some concerns over whether there is a "strong liquidity pool" or not.
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