Altcoins

Litecoin started a strong increase above $70 against the US Dollar. LTC price is now trading above $80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $82.00 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 $78. Litecoin price is rising steadily above $75 against the US Dollar, similar to bitcoin. LTC price could continue...

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Tron price started a fresh increase above the $0.0535 level against the US Dollar. TRX price is now trading above $0.0542 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0525 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0560 resistance zone. TRON price started a fresh increase above $0.0542 against the US Dollar, similar bitcoin. TRX price could...

Seychelles-headquartered crypto exchange – Huobi Global – has been in trouble for quite some time now, which has translated into losing significant market share. The company has been mired in controversy for allegedly shutting down internal com and feedback channels and canceling various employee benefits, among other things. Its market share is also under threat from rival companies. According to the latest study by data provider Kaiko, Huobi’s market share declined from 22%...

The DeFi world, along with the rest of the cryptoverse, is still in the grip of fear and dread. 2022’s crypto winter continues with no clear end on the horizon. With still no sight of a near-term market bottom forming, some investors have even taken to wondering if DeFi is dead on arrival altogether. But there are some inspiring data about the health and usage of the most prominent DeFi ecosystems today. The winners will go on to keep playing through the next big crypto...

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ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.32 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.302 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.340 and $0.350 levels. Cardano price is showing positive signs above $0.300 against the US Dollar, similar to bitcoin. ADA price...