Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.090 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.084 support. Stellar lumen price is trading below $0.090 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bears In Action Below $0.40
Ripple price started a fresh decline below the $0.4000 zone against the US dollar. The price is now trading below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4000 resistance zone. Ripple price is struggling below $0.4000 against the US Dollar, similar to bitcoin. XRP price...
Read More »Crypto Market Cap Maintains $1T as Lido (LDO) Recovers 10%: Weekend Watch
Bitcoin’s recent freefall seems to have stopped for now, as the asset has calmed at just under $22,000. Most altcoins have even registered minor daily increases. Some, such as HBAR and Lido Dao, have even soared by double-digits. Bitcoin Calms Below $22K The situation around bitcoin was significantly more positive last week when it jumped above $24,000 for the first time since August 2022. However, it failed to remain there and retraced by over a grand to $23,000 in the...
Read More »Tron Generated $48 Million in Revenue in Q4, 2022: Research
According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3. The entity also recorded a surge of average active daily addresses and average daily transactions. Better Results Despite the FTX Collapse In its most recent research, Messari outlined that 2022 has been a “rollercoaster” year for the cryptocurrency sector. Unfavorable macroeconomic conditions took...
Read More »Bitcoin Dumps to 3-Week Low, LDO Plummets 14% (Weekend Watch)
The past 24 hours brought some more pain for the bulls as BTC slipped to another three-week low at under $21,500. Most altcoins are in no better shape, including the ETH liquid staking coins, many of which have seen double-digit price drops. BTC Drops Again The start of the month was highly positive for the primary cryptocurrency, which pumped to $24,200 after the latest interest rate hike by the US Federal Reserve on February 2. However, the landscape changed in the...
Read More »Chainlink: Der Geheimtipp fürs 2023?
Warum ist Chainlink einer der interessantesten Token neben Bitcoin und Ethereum überhaupt? Ganz einfach deswegen, weil Chainlink unter anderem von New Yorker Studenten an der Universität entwickelt wird. Im Weiteren setzt die Finanzstarke Casino- und Wettbranche auf Chainlink. Kurzum, es ist Hirn und Budget vorhanden, beste Voraussetzungen also. Aber nur wer sich schon den Kurs von Chainlink anschaut, sieht, dass hier Substanz vorhanden ist. Es gibt keine Absacker wie bei vielen (wertlosen)...
Read More »Bitcoin Cash Analysis: Decline Could Extend To $110
Bitcoin cash price started a fresh decline from the $142 zone against the US Dollar. The price is now trading below the $135 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $135 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $126 and $122 support levels. Bitcoin cash price is declining from the $142 zone against the US Dollar,...
Read More »EOS Price Analysis: Risk of Downside Break Emerges
EOS price started a downside correction from the $1.135 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $1.062 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $1.02 support zone. EOS price is declining from $1.135 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $92
Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $95 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $100 and $105 resistance levels. Litecoin price is correcting gains from $102 against the US Dollar, similar to bitcoin. LTC price could start...
Read More »Tron (TRX) Price Analysis: Uptrend Intact Above $0.06
Tron price started a fresh increase above the $0.060 level against the US Dollar. TRX price is now trading above $0.062 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0640 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.060 against the US Dollar, similar bitcoin. TRX price could rise further if...
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