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Read More »Cardano (ADA) Price Analysis: Bears In Action Below $0.35
ADA price is trading in a bearish zone below the $0.355 support zone against the US Dollar. The price is now trading below $0.355 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $0.3400 and $0.3580 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.3550 resistance zone. Cardano price is struggling below $0.355 against the US Dollar, similar to bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Could Struggle To Recover
Ethereum price is struggling to recover above the $1,600 resistance against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,620 the 4-hours chart (data feed from Coinbase). The pair could recover, but it is likely to face sellers near the $1,600 resistance zone. Ethereum price is declining below $1,600 against the US Dollar. ETH/USD remains at a risk of...
Read More »Stellar Lumen (XLM) Price Accelerated Losses As Bears Take Control
Stellar lumen price is showing bearish signs below the $0.085 resistance zone against the US Dollar. XLM price is now trading below $0.085 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0840 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.0820 support. Stellar lumen price is trading below $0.085 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Risk of Downside Break Below $0.35
Ripple price started a fresh decline from the $0.3850 zone against the US dollar. The price is now trading below $0.3750 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3800 resistance zone. Ripple price is struggling below $0.3800 against the US Dollar, similar to bitcoin. XRP price...
Read More »Crypto Market Cap Maintains $1T as Bitcoin Stands Above $22K: Weekend Watch
Bitcoin tried to recover some of its recently lost value in the past 24 hours but was stopped in its tracks and is back down to $22,300. The altcoins are quite stagnant on a daily scale, with EOS losing all of its yesterday’s gains. Bitcoin Maintains $22K The low trading volumes of last weekend helped bitcoin remain around $23,000 for most of it. The start of the working week saw the asset pushing toward $24,000. In fact, BTC managed to tap that level once on Wednesday, but...
Read More »Forget Bitcoin, Coinbase CEO Advocates for a US-Backed Stablecoin (Op-Ed)
In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have United States financial regulators breathing down your neck with subpoenas one day, and lawsuits the next. It’s understandable, then, why industry leaders like Brian Armstrong may wish to present themselves to both media and authorities with their state-worshipping foot forward. As the CEO of Coinbase – America’s largest crypto exchange – one...
Read More »EOS Soars 8% While Bitcoin Marked 18-Day Low: Weekend Watch
Bitcoin’s massive crash on Friday drove it south to just under $22,000 to mark its lowest price tag since February 14. The altcoins experienced similar enhanced volatility, but most have calmed since then. Ripple’s XRP and EOS are among the few alts with notable gains. Bitcoin Slipped Below $22K Despite the rising volatility at the end of February, bitcoin managed to close the month with a slight increase and stood at around $23,000. The first few days of March saw a price...
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Altcoins
