The cryptocurrency ecosystem is like the financial markets in a lot of ways. The main contrast between the two is the regulation, without which, the cryptocurrency ecosystem has a large number of bad actors. Intentional or not, the Steem community witnessed a controversy, involving Justin Sun, the creator of Tron.<\/p>\n
Unlike a lot of altcoins, Hedera Hashgrap doesnt seem to be affected by the recent Bitcoin crash. With 1 HBAR token worth $0.031 it is now the 42nd largest cryptocurrency with a market cap of $117 million. The tokens on-balance volume is $1.5 billion and has stayed at this level since mid-February 2020. 50 and 100 DMA [yellow and blue] has contained the price for now.<\/p>\n
Steem surged by a massive 253% between February 18 and 19, 2020. Although the price did shed 90% of this surge, it provided people with an opportunity to profit, at least for the short term.<\/p>\n
With $0.14 per Steem token, it takes the 60th spot in terms of market cap [$65 million]. The Stochastic RSI indicated a bounce from the oversold zone and into the normal territory.<\/p>\n
Litecoins price, at press time, was $38 and had a market cap of $2.48 billion. The coin, however, is witnessing a rather slow yet bullish wave and from the chart, more is to come. RSI indicated a surge with a higher degree of slope as compared to the price thus indicating a short term bullish scenario for the token in the future.<\/p>\n
In the last 24 hours, however, Litecoin seems to be on a decline, especially after hitting a local peak at 04:00 UTC.<\/p>\n
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Continued here:<\/p>\n
Hedera Hashgraph, Steem, and Litecoin price: Steems 253% surge leaves other coins in the rear view mirror - AMBCrypto<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The cryptocurrency ecosystem is like the financial markets in a lot of ways. Continue reading