Altcoins

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Stellar lumen price started a fresh increase above the $0.085 resistance zone against the US Dollar. XLM price is now trading above $0.085 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0875 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0870 and $0.0850 support levels. Stellar lumen price is trading above $0.0880 against the US Dollar, similar to...

Ripple price is moving higher above the $0.385 level against the US dollar. The price is now trading above $0.385 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3910 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4160 resistance zone in the near term. Ripple price is rising steadily above $0.390 against the US Dollar, unlike...

With the end of the week coming, bitcoin continued to gradually increase in value and tapped yet another multi-month high well above $23,000 before retracing slightly. Most altcoins have calmed on a daily scale, aside from OKB and APT. The latter has soared by almost triple digits in the past seven days. Bitcoin’s Recent Journey Bitcoin’s 2023 so far is in sharp contrast to 2022 and especially the end of last year. The cryptocurrency entered the new year at $16,500, and it...

Solana – a crypto that’s otherwise known as SOL to its personal holders – continues to shed value given it’s so tied to the fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried. Solana Isn’t Doing Too Well FTX is currently in the process of filing bankruptcy. Sam Bankman-Fried is accused of lending out approximately $10 billion in user funds to his other company Alameda Research, which was supposed to be a separate and independent entity from...

Bitcoin soared by roughly $2,000 in the past several, charting its highest price position since mid-September. The altcoins are well in the green as well, with some, such as SOL and OKB, posting massive double-digit price increases. Bitcoin Sees 18-Week High The latest bitcoin surge came amid five bullish on-chain factors provided by CryptoQuant earlier this week. The asset had calmed after touching $21,600 and had retraced to just under $21,000. The bulls had a battle that...

After a few days of trading sideways and even slipping below $21,000, the bitcoin bulls returned on Saturday morning to push the asset to its highest price tag since September 13. With most altcoins well in the green as well, the number of liquidated short traders has soared. The start of 2023 continues to bring good news for the bitcoin bulls, which were quite dishearted following the painful 2022. However, BTC had added over $5,000 in the first few weeks of the new year and...

Bitcoin cash started a decent increase above the $108 and $112 resistance levels against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $125 and $130 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to...

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