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Weekly Crypto Analysis: Bitcoin Testing $25K; Ethereum, Shiba Inu, Blackrock in Highlights

Crypto Market Overview Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at $24,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to $1,895.48, up 11.47% in...

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Bitcoin Cash Analysis: Key Hurdle Nearby At $135

Bitcoin cash price started a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $133 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $133 and $135 to continue higher in the near term. Bitcoin cash price is climbing above $125 against the US Dollar, similar to bitcoin. BCH/USD...

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WEWE Global Is Offering a Complex Community-Driven DAO for a Better Financial Future

WEWE Global is an ecosystem that operates autonomously and is based on a DAO system. A DAO platform is a community-based platform that provides trust and transparency using smart contracts available on the blockchain. The autonomous structure of DAOs is the most significant source of advantages. Besides being DAO-based, WEWE Global has been integrating products its users can benefit from by paying in Bitcoin and altcoins. The WEWE community enjoys discounts, referral...

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EOS Price Analysis: Bulls Aim More Gains Above $1.75

EOS price rallied and was able to clear the $1.60 resistance against the US Dollar. The price is now trading above $1.60 and the 55 simple moving average (4-hours). There is a declining channel forming with resistance near $1.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.64 and $1.60 support levels. EOS price is rising above $1.60 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Recovery Could Be Capped Above $60

Litecoin started a fresh decline from well above the $62 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC...

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Solana (SOL) Price Analysis: Risk of More Losses Below $34

Solana price started a fresh decline from the $48 resistance zone against the US Dollar. The price is now trading below $40 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $42.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $34.00 support zone. Solana price is trading below $38 against the US Dollar, similar to bitcoin. SOL...

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Cardano (ADA) Price Analysis: Bears In Control Below $0.5

ADA price failed to surpass the $0.600 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.540 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.436 support zone. Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price...

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Ethereum Price Analysis: ETH Struggles Near Key Support

Ethereum price started a fresh decline from the $2,000 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,520 zone. Ethereum price is struggling below $1,700 against the US Dollar. ETH/USD remains at a risk of...

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Stellar Lumen (XLM) Price Could Dive Below $0.10

Stellar lumen price started a fresh decline from the $0.13 resistance zone against the US Dollar. XLM price is now trading below $0.1150 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.1240 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.105 and $0.100 support levels. Stellar lumen price is trading below $0.1250 against the US Dollar, similar to...

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Ripple Price Analysis: Risk of More Downsides Below $0.325

Ripple price started a fresh decline from the $0.3900 resistance against the US dollar. The price is now trading below $0.355 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.3780 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it breaks the $0.330 and $0.325 support levels. Ripple price is declining below $0.355 against the US Dollar, similar...

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