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EOS Price Analysis: Risk of More Losses Below $0.95

EOS price started a fresh decline from the $1.08 resistance zone against the US Dollar. The price is now trading below $1.0 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.04 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.98 and $1.00 resistance levels. EOS price is struggling below $1.00 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Could Be Active Near $80

Litecoin started a strong increase above $80 against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $86.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $80. Litecoin price is correcting gains from $92 against the US Dollar, similar to bitcoin. LTC price could...

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Tron (TRX) Price Analysis: Bulls In Control Above $0.06

Tron price started a fresh increase above the $0.055 level against the US Dollar. TRX price is now trading above $0.058 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0608 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0650 resistance zone. TRON price started a fresh increase above $0.058 against the US Dollar, similar bitcoin. TRX price could rise further if...

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Crypto Industry Booms: Report Shows 100% Increase in Developers in Two Years

The crypto industry has seen a significant surge in the number of developers working on various projects, according to a new report by Electric Capital. The firm, which has invested in several early-stage Layer-1 platforms and crypto startups —like Bitwise, Gitcoin, dYdX Near Protocol, and Inmunefi— found that the number of developers in the crypto industry has doubled over the past two years. Electric Capital obtained its data by identifying 250 million code commits across...

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