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Tron (TRX) Price Analysis: More Gains Possible Above $0.055

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...

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Huobi’s Market Share Crumbles Amid USDD Depeg

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%...

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5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

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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Cardano (ADA) Price Analysis: Bulls Are Back, Push to $0.40 Possible

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...

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Ethereum Price Analysis: Upside Break Could Trigger More Gains

Ethereum price is gaining pace above the $1,250 level against the US Dollar. ETH price is now trading above $1,250 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,350 resistance zone. Ethereum price is rising above the $1,250 level against the US Dollar. ETH/USD could rise further if it clears the $1,350...

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Stellar Lumen (XLM) Price Regains Traction, What Could Be The Target?

Stellar lumen price started a fresh increase above the $0.070 resistance zone against the US Dollar. XLM price is now trading above $0.0750 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0780 and $0.0750 support levels. Stellar lumen price is trading above $0.0750 against the US Dollar, similar...

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