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Bitcoin Cash Analysis: Downside Break Below $100 Seems Real

Bitcoin cash price started a fresh decline from the $105 zone against the US Dollar. The price is now trading below the $102 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $100 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $95 and $92 support levels. Bitcoin cash price is declining from the $105 zone against the US Dollar, similar...

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COTI Announces Succesful Hard Fork for Multi-Token Network Expansion

Blockchain protocol Coti announced the successful hard fork event – MultiDAG 2.0 – that aims to transition the ecosystem from a single currency infrastructure to a multi-token network. In a press release shared with CryptoPotato, Coti also revealed the launch of the Mainnet on December 29th, during which Explorer 2.0 was also deployed alongside the Bridge 2.0 wallet app. In a statement, the team behind the protocol said, “This launch signifies a massive step for the crypto...

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Terra Classic (LUNC) Drops 8%, Bitcoin Dips to Weekly Lows (Market Watch)

Bitcoin continued with minor price declines in the past 24 hours, resulting in a dip to a weekly low of under $16,500. Most altcoins are also in the red, including substantial losses from Solana and Terra Classic. Bitcoin Dropped to Weekly Lows The primary cryptocurrency had a calm weekend, in which it stood at around $16,800 without any movements in either direction. This resulted in closing the week at precisely the same spot it was seven days ago. The start of the new week...

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EOS Price Analysis: Risk of More Losses Below $0.83

EOS price is still facing selling pressure below the $0.90 support against the US Dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.880 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.88 and $0.900 resistance levels. EOS price is struggling below $0.90 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bears Are Active Near $68

Litecoin started a fresh decline below the $75 zone against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $68.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $68 and $70 resistance levels in the near term. Litecoin price is struggling below $72 against the US Dollar, similar to bitcoin. LTC price...

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