Altcoins

Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $66 resistance zone. Litecoin price is struggling below $66 against the US Dollar, similar to Bitcoin. LTC price...

On the 29th of August, Jeremy Allaire – the CEO of Circle, the company that mints and holds governance over USDC – announced that the popular stablecoin would be coming to Base and Optimism within a week. The launch was part of Circle’s plan to improve the utility of USDC by bringing the stablecoin to more blockchains in a native token, eliminating the need for bridged Ethereum tokens. The decision came shortly after the announcement of a new super chain agreement with...

Solana price started a recovery wave above the $20.00 resistance against the US Dollar. The price is now trading above $20.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $19.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $20.50 and $20.80 to continue higher in the near term. Solana price is trading above $20.00 against the US Dollar, similar to Bitcoin....

The crypto firm known as the Avalanche Foundation has set aside roughly $50 million to buy new tokenized assets that have been created on its layer-1 blockchain. Avalanche Has Big Tokenization Plans This inherently created a new division for the company known as Avalanche Vista, which will seek to establish the value of future tokenization in sectors such as equity, credit, commodities, and real estate. John Wu – the president of Ava Labs, the company that...

ADA price is trading in a bearish zone below the $0.265 support zone against the US Dollar. The price is now trading below $0.260 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.258 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.265 resistance zone. Cardano price is struggling below $0.265 against the US Dollar, similar to Bitcoin. ADA...

Ethereum price is struggling below the $1,650 resistance against the US Dollar. ETH price is now trading below $1,660 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $1,650 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,650 and $1,660. Ethereum price is declining below $1,660 against the US Dollar. ETH/USD remains at a risk of more downsides...

Not long ago, Sam Altman – the man who created the now infamous AI tool Chat GPT (which is designed to create content) – announced he was bringing a new digital currency called World Coin to the financial stage. The asset is now available for trading and has surged in price by more than 98 percent, thus jumping beyond the $3 mark. World Coin is Here Prior to its release, World Coin managed to garner more than $100 million in new funding from companies like...

Stellar lumen price is attempting a fresh increase from the $0.115 zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.120 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1285 resistance zone. Stellar lumen price is trading above $0.120 against the US Dollar,...

Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading below $0.520 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5120 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.535 and $0.550. Ripple price is struggling below $0.550 against the US Dollar, like Bitcoin. XRP price must...

After several days of enhanced volatility, including a pump and dump for over $2,500 in each direction, BTC has finally calmed on a daily scale and stands close to its familiar ground of around $26,000. Most altcoins are also a lot less volatile now, with UNI being among the few with substantial increases over the past day. BTC Calms at $26K Several weeks of mostly sideways trading came to an abrupt halt on Tuesday when Grayscale recorded a massive court victory over the SEC...