Altcoins

EOS price started a fresh decline from the $5.00 resistance against the US Dollar. The price is now trading below $4.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a major increase if there is a clear break above the $4.30 resistance. EOS price is showing bearish signs below $4.30 against the US Dollar, similar to...

Litecoin price extended its decline below the $232 support against the US Dollar. LTC price is now trading below $232 and the 55 simple moving average (4-hours). There is a major bearish trend line is forming with resistance near $235 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could face a strong selling interest near the $235 and $240 levels in the near term. Litecoin price is consolidating above $200 against the US Dollar, similar to...

Senator Sherrod Brown appears to be keen on understanding how the process of stablecoin minting and redemption actually work. A comprehensive regulatory regime for stablecoin is the need of the hour, a failure to roll out one will prompt the watchdogs to step in. The head of the US Senate Banking Committee has called upon stablecoin issuers and platforms to disclose their process. Sen. Sherrod Brown (D-OH), Chair of the Senate Banking, Housing, and Urban Affairs Committee,...

Tron price started a major decline from well above $0.1100 against the US Dollar. TRX price is now trading below $0.1050 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair could extend losses if it settles below the $0.1000 level in the near term. TRON price started a major drop below $0.1050 against the US Dollar, similar to bitcoin. TRX price is...

Despite the problems, Ripple has not given up on its mission to become a significant player in the global payments industry, and even though things are not going so well with the United States, one country is looking at the company as the best option to develop a domestic currency based precisely on U.S. dollars: Palau. According to a Press Release shared by Ripple, Palau chose the XRP Ledger to create digital dollars to circulate internally in the country. The idea, Ripple...

ADA price is struggling to clear the $1.85 and $2.00 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.84 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.85 resistance zone. Cardano price is struggling below the $2.00 resistance against the US Dollar, unlike bitcoin....

Ethereum price started a fresh decline from well above $4,400 against the US Dollar. ETH price is now trading below $4,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,250 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,250 resistance zone. Ethereum price is showing bearish signs below $4,250 against the US Dollar. ETH/USD could decline heavily if...

The world of cryptocurrency is going crazy at the time of writing. Many of the biggest assets – including bitcoin, Ethereum, Solana and Ripple’s XRP – have fallen by about seven percent or more, causing the entire industry to lose billions over a 24-hour period. Bitcoin and Other Assets Have Fallen Into Oblivion Traders should be used to this kind of behavior from bitcoin and its altcoins cousins. Sadly, very few are mentally prepared for crashes of this magnitude,...

Stellar lumen price started a fresh decline from the $0.4000 resistance against the US Dollar. XLM price is now trading just below $0.3500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3420 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3200 support zone in the near term. Stellar lumen price is trading in a bearish zone below $0.3550 against the US...

Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.06 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $1.00. Ripple price is showing bearish signs below $1.06 against the US Dollar, unlike bitcoin. XRP...