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Cardano (ADA) Price Analysis: Surging Above $1.50, More Gains Possible

ADA price started a strong increase above the $1.350 and $1.400 resistance levels against the US Dollar. The price is now above the $1.400 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.2600 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.550 and $1.600 resistance levels. Cardano price is trading with a positive bias above $1.450 against the US Dollar,...

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Ethereum Price Analysis: ETH Rallies Further, $2,500 Could Be Next

Ethereum price started a fresh increase above the $2,150 resistance against the US Dollar. ETH price is currently trading well above $2,200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but there are high chances of more gains above $2,400 in the near term. Ethereum price is now gaining pace above $2,200 against the US...

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Stellar Lumen (XLM) Price Eyeing Upside Break Above $0.65

Stellar lumen price is trading nicely above the $0.5000 resistance level against the US Dollar. XLM price is now trading well above $0.5500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.5500 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.6500 resistance as long as it is above the $0.5500 level. Stellar lumen price is showing positive signs above $0.5500 against...

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Ripple Price Analysis: Rally Extends To $1.5, More Gains Likely

Ripple price started a strong increase above the $1.0000 and $1.200 resistance levels against the US dollar. The price is now well above $1.4000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to surge further above the $1.580 and $1.600 resistance levels. Ripple price is trading in a bullish zone above the...

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Revolut Bank Announces Support for 11 New Cryptocurrencies

London-based challenger bank Revolut announced that it will expand support for more cryptocurrencies. In an official PR, the firm announced that 11 new tokens would be added to its exchange platform in another effort to satisfy its customers’ appetite for cryptocurrencies. You asked for new tokens, we’ve delivered. We’ve been tracking hot tokens and top movers to bring our UK and EU customers 11 new cryptocurrencies. These new tokens embraced by Revolut are very focused on...

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Mike Novogratz: A Digital Dollar Is Necessary

Billionaire investor and former hedge fund manager Mike Novogratz is saying that the United States is going to seriously fall behind granted it does not develop a digital dollar in the immediate future. Mike Novogratz: We Need a Digital Dollar Mike Novogratz has always been a huge bitcoin and cryptocurrency advocate, and he feels that in many ways, digital assets will be the future of money. Thus, he is urging the United States to take control of the financial reins. He...

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Bitcoin Struggling at $60K: Stellar (XLM) Enters Top 10 After 25% Surge (Market Watch)

Despite overcoming its nemesis at $60,000 yesterday, bitcoin’s struggles with that particular benchmark level continue as the asset has dipped beneath it. Most altcoins have also retraced slightly, with the apparent exception of Ripple (XRP), which surged to a new 3-year high of $1.4 following more positive news in the ongoing legal battles with the SEC. Bitcoin Dips Below $60K Once Again After a three-week-long wait, bitcoin finally overcame $60,000 yesterday. Furthermore,...

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Altcoin Season 2021 Booming as BTC Dominance Hits 2-Year Low: The Weekly Crypto Recap

This week we saw altcoins taking for the skies as Bitcoin was rangebound. This led to a plummeting BTC dominance that hit a 2-year low. Bitcoin was trading slightly below $60K this time last week, and everyone had their hopes up that it would conquer this coveted level. Unfortunately, last Saturday, the price started showing signs of weakness, and it declined all the way to $57K on Sunday. From there, Bitcoin started trading flat and made another unsuccessful attempt at $60K...

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Mark Cuban The Future of Crypto Lies with Ethereum

Not too long ago, billionaire investor and owner of the Dallas Mavericks basketball team Mark Cuban commented that he owned quite a bit of bitcoin, but that his crypto portfolio also contained a healthy portion of Ethereum. While his initial sentiment was that Ethereum was considerably closer to a currency that bitcoin was, new ideas have been expressed, and Cuban allegedly seems to think that the future of the crypto space will rely heavily on ETH-based developments....

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EOS Price Analysis: Bulls Could Struggle Above $6.40

EOS started a fresh surge above the $5.500 and $6.000 resistance levels against the US Dollar. The price is currently trading well above the $5.500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $6.380 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase, but the bulls might struggle above the $6.400 resistance zone. EOS price is still trading in...

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