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Cardano (ADA) Price Analysis: Bulls In Control Above $2

ADA price is gaining pace above the $2.00 and $2.05 resistance levels against the US Dollar. The price is now trading above $2.05 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2.02 on the 4-hours chart (data feed via Bitfinex). The price might extend its rally above the $2.20 and $2.25 resistance levels in the near term. Cardano price is gaining pace above $2.05 against the US Dollar, unlike bitcoin. ADA price...

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Ethereum Price Analysis: ETH Could Soon Visit $5K

Ethereum price started a fresh increase above $4,500 against the US Dollar. ETH price is now trading above $4,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $4,500 on the 4-hours chart (data feed from Coinbase). The pair could extend its rally towards the $4,900 and $5,000 levels. Ethereum price is showing positive signs above $4,500 against the US Dollar. ETH/USD could extend gains above the $4,850...

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Bug Exporter Carmelo Campos Designs New Crypto Token to Assist in International Sales

Who would have ever thought that insects and crypto would be such a perfect pair? Carmelo Campos runs a company that exports long-horned beetles to Japan, which have become popular pets with the country’s children. Known as Tierra Viva, the company has established its own cryptocurrency to assist in international sales. Carmelo Campos Knows Crypto… And Bugs Doing business overseas is never easy. There are currency exchange fees, time displacement issues, and other...

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Stellar Lumen (XLM) Price Could Rally If It Stays Above This Level

Stellar lumen price is consolidating above $0.3600 against the US Dollar. XLM price is now trading near $0.3680 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3610 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.3800 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...

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Ripple Price Analysis: Rally Could Extend above $1.30

Ripple price started a fresh increase above the $1.20 resistance against the US dollar. The price is now trading above $1.20 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.168 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above $1.28. Ripple price is slowly rising above $1.25 against the US Dollar, unlike bitcoin. XRP price must...

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Bitcoin Demand Trends Downwards as Institutions Move Into DeFi and Altcoins, Says Genesis

Digital assets firm Genesis recently published its Q3 Market Observations Report, and it highlights some of the major trends across the market. This time, it shows the demand for bitcoin had faded during Q3 as institutions were exploring DeFi platforms and altcoins. BTC Demand Trends Downward Due to Institutionalization As per the report, BTC demand trended downward during Q3 due to the lack of opportunities for traders to profit from spreads between the BTC price in spot and...

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Market Watch: Shiba Inu Rebounds 20% as Bitcoin Struggles With $60K

Bitcoin continues with its untypically flat price movements as the cryptocurrency has stalled around $61,000 once again. Most altcoins have marked minor losses in a day, while Shiba Inu has recovered roughly 20%. Shiba Inu Bounces Off Most of the altcoin space is in the red today after the recent gains. Ethereum, which saw new all-time highs just days ago, is down by a bit more than 1% on a 24-hour scale and stands below $4,500. Cardano has slipped to $2, while Ripple,...

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Squid Game Token Goes Bust; Drops Below Half a Cent

A popular digital asset known as Squid Game token – based on a hit Netflix series – has gone kaput. The currency was trading for well over $2,800 during the weekend, but the currency has since crashed into oblivion and is now worth less than half a cent after executives decided to pull the plug and run off with all the proceeds. Squid Game Token Is Over and Done With The currency gets its name from “Squid Game,” a Netflix series in which players gamble with their lives....

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Bitcoin Flat at $61K, SHIB’s Rollercoaster, and Market Cap Hitting ATH: This Week’s Crypto Recap

It was a very dynamic week in the cryptocurrency industry, even though it may not seem that way judging by Bitcoin’s price. And yet, we saw a lot of action in the altcoin scene, especially with memecoins and play-to-earn projects, so let’s dive in. Starting off, Bitcoin failed to produce any meaningful gains over the past week and is only up by about 0.6% throughout the period. Yet, it wasn’t exactly a smooth sail as the price dipped to $60K on Monday, only to bounce above...

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Bitcoin Cash Analysis: Bulls In Control Above $600

Bitcoin cash price started a major increase above the $580 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $592 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $615 and $620. Bitcoin cash price is showing positive signs above $595 against the US...

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