Altcoins

Stellar lumen price started a downside correction from the $0.095 resistance zone against the US Dollar. XLM price is now trading below $0.092 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0930 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.093 and $0.095 resistance levels. Stellar lumen price is trading above $0.0880 against the US Dollar, similar to...

Ripple price is facing resistance near the $0.420 level against the US dollar. The price is now trading below $0.410 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could decline further if there is now move above the $0.4120 resistance. Ripple price is correcting lower from $0.4320 against the US Dollar, similar bitcoin. XRP...

Unlike some of the previous weekends since the start of the year, this one has been rather calm for bitcoin, which remains slightly above $23,000. Some altcoins, though, have performed more impressively, including OKB and a few memecoins. SHIB, BabyDoge Skyrocket CryptoPotato reported yesterday Shiba Inu’s massive daily increase of over 10%. However, the second-largest memecoin is well in the green once again on a daily scale. SHIB is up by another 7.5%, while its weekly...

Bitcoin was quite volatile after the US Federal Reserve announced the latest interest rate hike, which ultimately resulted in tapping a new 5-month high. Since then, though, the asset has calmed at around $23,000. Several altcoins have outperformed it in the past 24 hours, including Shiba Inu, which has soared by double digits. Bitcoin Drops Back Down to $23K Despite losing some ground at the end of January, BTC still closed it well in the green, posting its best month since...

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Fantom. Ethereum (ETH) Ethereum, the second-largest cryptocurrency, continued to consolidate this week. The price only registered a 2.9% increase. This is because ETH is stuck in a channel between $1,670 and $1,550.  All attempts to break these levels were rejected in the past two weeks. While some altcoins were booking double digits gains (see Fantom below), Ethereum appears to be on a pause. This...

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Bitcoin cash started a decent increase above the $125 and $130 levels against the US Dollar. The price is now trading above the $130 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $132 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $145 and $150 to continue higher in the near term. Bitcoin cash price is climbing above $130 against the US Dollar, similar to bitcoin....

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