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Stellar Lumen (XLM) Price Faces Uphill Task Near $0.145

Stellar lumen price is struggling below the $0.150 resistance zone against the US Dollar. XLM price is now trading below $0.150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.140 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1420 resistance. Stellar lumen price is trading below $0.150 against the US Dollar, similar to Bitcoin. XLM price could...

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Ripple Price Analysis: Key Barrier Sits at $0.68

Ripple price is facing resistance near the $0.680 level against the US dollar. The price is now trading near $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.635 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.665 and $0.680. Ripple price is struggling below $0.665 against the US Dollar, unlike Bitcoin. XRP price must...

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THORChain’s RUNE Explodes 20% in a Day, Bitcoin (BTC) Stalls at $29K (Weekend Watch)

Bitcoin continues to trade sideways, and the past 24 hours didn’t bring any deviation from the tight range between $29,000 and $29,500. Most altcoins are also quiet on Sunday, similar to how they performed on Saturday, except for RUNE and TON. BTC Boring at $29K The past few weeks went in a rather uneventful fashion for the typically more volatile crypto asset. This past Monday saw some movements as BTC dipped below $29,000 to mark a weekly low. However, it went on the...

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SHIB, APE, PEPE Jump 8% Daily, Bitcoin Maintains $29K: Weekend Watch

Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, with little-to-no movements from ETH, BNB, XRP, and others. Shiba Inu is the only exception from the larger caps. SHIB, APE, PEPE on the Rise Shiba Inu’s largest digital asset – SHIB – has been among the best performers lately, gaining double digits in the past week, as...

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Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in July: Data

Cryptocurrency trading platform Kraken dethroned its rival Coinbase to become the most liquid United States exchange for altcoins in July. According to a tweet by Dessislava Laneva, a research analyst at crypto data platform Kaiko, by the end of July, Kraken had claimed 47% of the market depth in the US for the top 10 altcoins. Kraken Claims Largest U.S. Market Depth for Altcoins As of January 2023, Kraken had only a 39% share of the market depth of altcoins, while Coinbase...

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Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued

CoinspeakerBank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies. Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued

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Bitcoin Cash Analysis: Bears In Charge Below $250

Bitcoin cash price started a fresh decline below the $250 zone against the US Dollar. The price is now trading below the $240 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $234 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $242 resistance zone. Bitcoin cash price is declining below the $242 zone against the US Dollar,...

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EOS Price Analysis: Bears Aim For $0.65 or Lower

EOS price started a fresh decline from the $0.775 zone against the US Dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.7190 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.720 and $0.740 resistance levels. EOS price is struggling below $0.720 against the US Dollar, unlike...

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