Ripple price started a fresh decline from the $0.7800 zone against the US dollar. The price is now trading below $0.70 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.7400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.6800 support zone. Ripple price is struggling below $0.7000 against the US Dollar, similar to bitcoin. XRP...
Read More »Bitcoin Has Fallen, but Not Everyone Thinks This Is the End
Bitcoin and other forms of crypto have been experiencing a heavy pullback as of late. BTC, the granddaddy of all digital currencies, is now trading once again for just over $40,000, a slump it managed to get away from a few weeks ago. Bitcoin Has Stumbled, but There May Be Hope However, now it looks like things are going back to “normal,” and when we say normal, we mean back where bitcoin has been for most of 2022. For the most part, this year has not been terribly kind...
Read More »Delivery App Rappi Says “Yes” to Future Crypto Payments
Colombian app Rappi – which delivers food and other household items directly to customers – has announced its intention to accept crypto payments in the coming future. Rappi Will Accept BTC Next Year The move is essential to the crypto space in that it brings the initial goals of bitcoin and many of its altcoin cousins closer to being accomplished. What many people likely forget is that bitcoin and other digital currencies – while primarily taking on speculative forms –...
Read More »WAGMI Crypto Investors Purchase Professional Sports Club
Cryptocurrency investors with WAGMI United are said to have purchased League Two side Crawley Town, a professional soccer club. The organization had failed to purchase Bradford City last year and is now looking to make up for what it considers a missed opportunity. WAGMI Has Entered the World of Sports WAGMI says it is looking to unveil a new line of non-fungible tokens (NFTs) based on the team and its players to give fans a stronger method of connecting to their...
Read More »Despite Price Dips, Millennials Are Still Into Crypto
Not too long ago, spring breakers enjoying the great outdoors and time away from their studies shared their thoughts on cryptocurrency, and they all seem to agree that digital assets are the financial tools of the future, asserting the idea that millennials are likely the most common audience members for the growing crypto space. Millennials Think Crypto Is the Future of Finance For the longest time, it has been assumed that crypto pertains primarily to millennials and...
Read More »Bitcoin Cash Analysis: Bears Aim Larger Decline Below $315
Bitcoin cash price started a fresh decline from the $354 resistance against the US Dollar. The price is now trading below the $340 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $338 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $315 support zone in the near term. Bitcoin cash price is struggling below $330 against the US Dollar,...
Read More »EOS Price Analysis: Key Hurdle Nearby At $3
EOS price started a recovery wave above the $2.50 resistance zone against the US Dollar. The price is now trading above $2.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.68 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $2.89 resistance zone in the near term. EOS price is showing bullish signs above $2.75 against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Bulls Target Bullish Move Above $120
Litecoin started a recovery wave above the $105 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $112 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $115 and $118 in the near term. Litecoin price is showing positive signs above $100 against the US Dollar, similar to...
Read More »Solana (SOL) Price Analysis: More Gains Possible Above $110
Solana price extended decline below the $100 support against the US Dollar. The price is now back above $100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $102 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $110 to continue higher in the near term. Solana price is recovering above $100 against the US Dollar, similar to bitcoin. SOL could gain pace if there is a...
Read More »Cardano (ADA) Price Analysis: Key Breakout Zone Near $0.95
ADA price started a steady decline from the $1.10 resistance against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.950 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.880 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could start a...
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