Altcoins

Bitcoin’s situation worsened once more hours ago as the asset dropped to a new three-month low beneath $41,000. Most altcoins are in a similar position today, and the overall losses from the past three days grew to $300 billion. Bitcoin’s Latest 3-Month Low It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as it traded at $47,000 on Thursday and even tried its hand at $48,000 on Wednesday. However, the bears took...

After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. The situation with the altcoin is quite similar, except for Chainlink. LINK surged by 13% and trades above $26. Bitcoin Sits Still at $42K It’s safe to say that the past few days didn’t go well for the primary cryptocurrency. On January 5th, it traded at $47,000 after failing to overcome $48,000 despite numerous attempts. This is where the landscape changed rapidly for the worse....

If the market crash got you nervous and you thought the crypto industry was dead, you might want to change your mind. PayPal, the global e-payments giant, is working on developing its own cryptocurrency. PayPal is exploring the development of a stablecoin, possibly pegged to the U.S. dollar, although there is no information on a roadmap for the project. Speaking to Bloomberg News, Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal,...

It appears First Lady Melania Trump likes bitcoin. She was just one of several people over the past day or so to congratulate the world’s number one digital currency on its 13-year anniversary. Melania Trump Is the Newest “Face” of Crypto Melania put out the following tweet: It is widely reported that bitcoin’s market cap exceeds USD $1 trillion. Today marks the 13th anniversary of the bitcoin genesis block. Happy anniversary, #SatoshiNakamoto, #MelaniaNFT. The First...

EOS price started a fresh decline from the $3.30 zone against the US Dollar. The price is now trading below $3.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $3.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear break below the $2.75 support. EOS price is showing bearish signs below $3.00 against the US Dollar, similar to bitcoin. The price...

Litecoin price declined sharply below the $150 zone against the US Dollar. LTC price is now trading below $150 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $145 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $130 support. Litecoin price is gaining bearish momentum below $140 against the US Dollar, similar to bitcoin. LTC...

Brandon Brown – a NASCAR driver that’s inspired the many “Let’s Go Brandon” chants heard at sports arenas and gatherings across the country for the past several months – is now being sponsored by a cryptocurrency established through the chant in what has become a unique (and amusing) circle. Brandon Brown Steps Into the Crypto Circle “Let’s Go Brandon” has been a trend for months now and is designed to hide what speakers are really saying, which is “F*ck Joe Biden.” The...

Key Support levels: $0.75 Key Resistance level: $1 XRP had a difficult week, with the price slowly falling back towards the key support level at $0.75. While other altcoins such as Chainlink are making significant gains, XRP still struggles to find its footing. The resistance at $1 will likely not be tested any time soon considering this price action. Chart by TradingViewTechnical Indicators Trading Volume: The volume has decreased as the price went lower, showing weakness in...

Tron price started a fresh decline from the $0.0825 resistance against the US Dollar. TRX price is now trading below $0.0800 and near the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0780 resistance. TRON price started a fresh decline below $0.0850 against the US Dollar, similar to...

ADA price started a fresh decline from the $1.60 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.312 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.30 support zone. Cardano price is struggling below the $1.32 resistance against the US Dollar, unlike bitcoin. ADA price...