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Litecoin (LTC) Price Analysis: Risk of Drop Below $72

Litecoin started a fresh decline below the $80 zone against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $88 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $85 and $88 resistance levels in the near term. Litecoin price is struggling below $85 against the US Dollar, similar to bitcoin. LTC price could...

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Recent Senate Hearing Shows Mixed Feelings Towards Crypto

A recent Senate hearing on crypto shows just how divided the congressional floor is on the world of digital assets. Some really think it has a lot to offer, while others just want to tear it down and keep investors locked up in a world of fear and tension. The Senate Is Split on Crypto Sherrod Brown – a democrat from Ohio and the head of the Senate Banking, Housing, and Urban Affairs Committee – opened the discussion up with the following statement: What a difference a...

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Tron (TRX) Price Analysis: Trend Turns Bullish Above $0.065

Tron price started a fresh increase from the $0.055 level against the US Dollar. TRX price is now trading above $0.06 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.066 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.070 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise...

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Crypto Company Paxos and the SEC Are Set to Duke It Out in Court

Crypto firm Paxos has said it’s expecting to face charges from the Securities and Exchange Commission (SEC) over its issuance of BUSD, the Binance-centered stable coin. It is believed by the financial agency that the company has been issuing the currency as a non-registered security. Paxos Will Likely Be Charged By the SEC The New York state financial regulator has issued a cease-and-desist letter to Paxos claiming that the firm should not be providing investors with...

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Cardano (ADA) Price Analysis: Bulls Aim Fresh Run To $0.40

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...

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Ethereum Price Analysis: ETH Could Soon Revisit $1,850

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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