Altcoins

ADA price seems to be in a bullish zone above the $0.35 level against the US Dollar. The price is now trading above $0.36 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.368 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.392 levels. Cardano price is showing positive signs above $0.355 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price is consolidating gains above the $1,500 level against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a major contacting triangle forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,440 support zone. Ethereum price is consolidating above the $1,500 level against the US Dollar. ETH/USD could rise further if it clears...

Tron’s Founder – Justin Sun – said one of his primary targets is to see TRX becoming an official payment method in five different countries by the end of 2023.  He believes one of the nations to embrace the asset could be his homeland China. The ‘Ambitious Goal’ In a recent Twitter thread, Sun raised hopes the native token of the Tron blockchain – TRX – could be accepted as legal tender by “at least” five nations this year. He posted the flags of Dominica and Sint Maarten,...

Stablecoins have been one of the most controversial areas of the cryptocurrency industry. But this has not deterred industry leaders to bring about new pegged tokens built on a secure foundation. The much-awaited Djed – which happens to be Cardano’s native overcollateralized stablecoin – is set to launch this week. Developed jointly by the layer 1 blockchain network, COTI, along with core Input Output Global (IOG) devs, the stablecoin is expected to benefit the overall...

Stellar lumen price started a fresh increase above the $0.090 resistance zone against the US Dollar. XLM price is now trading above $0.090 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0935 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0920 and $0.0900 support levels. Stellar lumen price is trading above $0.0900 against the US Dollar, similar to bitcoin....

Ripple price is moving higher above the $0.400 level against the US dollar. The price is now trading above $0.400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4300 resistance zone in the near term. Ripple price is rising steadily above $0.400 against the US Dollar, unlike bitcoin....

Despite failing to overcome $23,500 once again in the past 24 hours, BTC is still slightly in the green today and stands above $23,000. The altcoins are quite calm today, as only Litecoin stands out as a notable gainer. Bitcoin Firm Above $23K The start of last weekend saw bitcoin’s price surge from $21,000 to and beyond $23,000. Somewhat expectedly, reaching the latter meant tapping a multi-month high since BTC was stuck around $17,000 for months. The cryptocurrency spent...

2022 was a crazy year for bitcoin and cryptocurrency. With all the talk regarding the fall of bitcoin’s price and value, it became easy to forget about some of the more obscure coins. Now, many of those assets are coming back into the fray, including Litecoin, which many analysts think is about to make a major comeback and become one of the biggest, most talked about assets of the new year. Litecoin Is Back, Baby! One of the reasons Litecoin is returning to everyone’s...

Bitcoin initiated another leg up late on Friday and tapped $23,500 but was stopped in its tracks and has returned to familiar ground. Most altcoins have charted more impressive gains, led by Avalanche, MATIC, OKB, Dogecoin, and others. Bitcoin Back Down to $23K It was last week when the primary cryptocurrency skyrocketed from $21,000 to a multi-month high above $23,000. This solidified the asset’s positive start to the new year, in which it has already shot up by roughly...

The market sentiment continues to improve as cryptocurrencies see another week of trading in the green. The market added around $70 billion to its total capitalization, while the overall sentiment is at a 10-month high. It’s interesting to note that Bitcoin’s dominance continues to increase. This means it fared better than altcoins in terms of price performance. The leading cryptocurrency managed to add around 9% and is now battling for the important level at $23,000. A...