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Cardano (ADA) Price Analysis: More Gains Likely Above $0.38

ADA price seems to be forming a support base above the $0.34 level against the US Dollar. The price is now trading above $0.332 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.350 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.370 and $0.380 levels. Cardano price is showing positive signs above $0.340 against the US Dollar, similar to...

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Ethereum Price Analysis: Rally Pauses But Not Likely Over

Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,600 resistance zone. Ethereum price is rising above the $1,450 level against the US Dollar. ETH/USD could rise further if it clears the $1,600...

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Russia Partners With Iran to Release a Stablecoin Backed by Gold (Report)

The Russian government and the Central Bank of Iran are reportedly mulling a partnership to create a new stablecoin that can facilitate cross-border settlements. The token will be pegged to the valuation of gold. The Mutual Operation According to a report by the Russian media outlet Vedomosti, the local authorities could collaborate with Iran’s central bank to launch a new crypto asset called “the token of the Persian Gulf region.” Assuming it sees the light of day, it will...

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Stellar Lumen (XLM) Price Climbs Higher and Aims A Move To $0.10

Stellar lumen price started a fresh increase above the $0.080 resistance zone against the US Dollar. XLM price is now trading above $0.080 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.086 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0860 and $0.0850 support levels. Stellar lumen price is trading above $0.0850 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Uptrend In Place Above $0.40

Ripple price is moving higher above the $0.38 level against the US dollar. The price is now trading above $0.380 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4080 resistance zone in the near term. Ripple price is rising steadily above $0.380 against the US Dollar, unlike bitcoin....

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