Altcoins

Ethereum price started a fresh increase above $3,000 against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $3,100 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,100 support zone. Ethereum price is showing positive signs above $3,120 against the US Dollar. ETH/USD could accelerate higher...

Stellar lumen price started a steady increase above $0.2800 against the US Dollar. XLM price is now trading above $0.2800 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2980 on the 4-hours chart (data feed via Kraken). The pair could correct lower, but dips are likely to remain supported near $0.2800. Stellar lumen price is trading well above $0.2800 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a steady increase above the $0.9500 resistance against the US dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $0.9350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could correct lower, but dips might remain attractive near $1.00 and $0.9800. Ripple price is showing positive signs above $0.9800 against the...

Cynthia Lummis – Republican Senator and ardent crypto supporter – is showing caution around stablecoins. She recently said that they need to be cash-backed and regularly audited. Ensuring Proper Stablecoin Reserves The senator voiced her opinion in a speech on the Senate floor this Wednesday. The speech surrounded Lummis’ overall views on CBDC’s and stablecoins, in advance of the Federal Reserve’s report on the matter. Lummis acknowledged that stablecoins enable faster...

According to a recent research, 38% of Spaniards between 25 and 40 years old plan to enter the cryptocurrency market in the coming months. Moreover, 21% of the participants have already invested in bitcoin or some altcoins. Are Spaniards Flocking into Crypto? The Spanish neobank Rebellion conducted a survey to determine whether young Spaniards were thinking of jumping on the cryptocurrency bandwagon in the near future. Per the results, more than one-third of the participants...

A popular internet meme of a side-eyed Chloe Clem has sold for more than $70,000 in cryptocurrency. The image – which became a popular staple of internet culture back in the year 2013 – has been sold in the form of a non-fungible token (NFT). Chloe Clem Has Made Her Family a Lot of Money The meme stems from a day in which Katie Clem told her daughters as they piled into the car that they were not going to school that day. Instead, they were headed for Disneyland. The...

Bitcoin cash price started a major decline below the $550 zone against the US Dollar. The price is now trading below the $520 zone and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise towards the main $550 and $555 resistance levels in the near term. Bitcoin cash price is eyeing recovery above $500 against...

EOS price extended its decline and traded below $3.80 against the US Dollar. The price is now trading well below $4.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3.95 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $4.40 and $4.50 resistance levels. EOS price is trading in a bearish zone below $4.00 against the US Dollar, similar...

Litecoin price declined heavily below $165 and tested $155 against the US Dollar. LTC price is now trading below $160 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $155 resistance to start a decent recovery in the near term. Litecoin price is recovering losses from $140 against the US Dollar, similar to...

Tron price started a fresh decline below the $0.1000 zone against the US Dollar. TRX price is now trading below $0.1000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair could start a steady increase if there is a clear break above the $0.0900 resistance. TRON price extended its decline below $0.1000 against the US Dollar, similar to bitcoin. TRX...