Altcoins

ADA price is showing positive signs above the $0.3200 zone against the US Dollar. The price is now trading above $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3500 on the 4-hours chart (data feed via Bitfinex). The price could resume its increase if it stays above the $0.328 and $0.320 support levels. Cardano price is rising above $0.3350 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price is moving higher above the $1,620 resistance against the US Dollar. ETH price is now trading above $1,600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,625 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,600 support zone. Ethereum price is consolidating above the $1,620 level against the US Dollar. ETH/USD could rise further if it...

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Stellar lumen price is facing a major resistance near the $0.085 zone against the US Dollar. XLM price is now trading above $0.078 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0805 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.0845 and $0.085 resistance levels. Stellar lumen price is trading above $0.0800 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading below $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3840 resistance zone. Ripple price is struggling below $0.3840 against the US Dollar, similar to bitcoin. XRP price...

The cryptocurrency industry experienced its own set of failures last year when numerous internal companies and projects imploded, resulting in declining prices, countless bankruptcy filings, and, somewhat expectedly, lots of investor losses. This year started on a positive note, but crypto has once again taken a serious hit – this time, the most apparent reason coming from outside players. All of this has harmed the performance of bitcoin and most altcoins, resulting in yet...

The past seven days turned into a bloodbath across the entire cryptocurrency market, which dropped below $1 trillion in terms of total capitalization. This happens for the first time since January 14th. The decline comes on the back of a lot of negative macroeconomic developments, so let’s unpack. First things first, Bitcoin’s price is trading around $20,000, albeit slightly below it at the time of this writing. The intraday low sits at $19,549 on Binance and BTC is down...

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