Ethereum price started a fresh increase above $3,200 against the US Dollar. ETH price is now trading above $3,300 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,300 support zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could accelerate higher above the...
Read More »Stellar Lumen (XLM) Price Eyes Fresh Rally Above $0.36
Stellar lumen price started a steady increase above $0.3000 against the US Dollar. XLM price is now trading above $0.3200 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could start a fresh rally if there is a clear break above the $0.3600 resistance zone. Stellar lumen price is trading well above $0.3000 against the US Dollar, similar to bitcoin. XLM...
Read More »Ripple Price Analysis: Bulls In Control Above $1.10
Ripple price started a steady increase above the $1.00 resistance against the US dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue higher as long as it is above the $1.10 support zone. Ripple price is showing positive signs above $1.10 against the US Dollar, similar to...
Read More »Bitcoin Skyrockets to 5-Month High: Dominance Soars as Altcoins Lose Value Against BTC (Market Watch)
The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind as BTC’s dominance continues to increase. Bitcoin Touched $57K It’s safe to say that BTC has returned to its bullish trajectory after it recovered from its sub-$41,000 dips two weeks ago. In the days that followed, the cryptocurrency added a significant chunk of value, broke above $50,000 for the first time in a...
Read More »Bitcoin Dominance on the Rise as BTC Eyes $56K (Market Watch)
Following yesterday’s price slide below $54,000, bitcoin has started increasing in value once more and has neared $56,000. Although some altcoins like XRP and DOT have charted notable gains in the past 24 hours, BTC’s dominance has also risen. Bitcoin Aims at $56K The primary cryptocurrency exploded above $50,000 on October 5th and hasn’t looked back since. Just the opposite, it has been mainly on the offensive, which resulted in tapping $56,000 a few days ago for the first...
Read More »Bitcoin Consolidates as Shiba Inu (SHIB) Explodes 35% Daily Again (Weekend Watch)
After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...
Read More »SHIBA INU Rallye stellt Bitcoin in den Schatten
Der Dogecoin Clone SHIBA INU (SHIB) hat die Top 15 der Cryptocoins erreicht. Mit einer intensiven Rallye hat SHIB sogar das aktuelle Bitcoin-Plus in den Schatten gestellt – in der Spitze legte SHIBA INU um 400 Prozent zu. Crypto News: SHIBA INU Rallye stellt Bitcoin in den SchattenIm Wochenvergleich konnte SHIB immerhin noch fast 300 Prozent zulegen. Der Hunde-Coin wurde damit in den letzten Tagen zum heißesten Eisen des Marktes.Doch wieder einmal waren es nichts als Memes und Internethypes,...
Read More »EOS Price Analysis: Bulls Facing Uphill Task Near $5
EOS price started a decent increase from the $3.65 zone against the US Dollar. The price is now trading above $4.20 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.98 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue higher if it clears the $4.80 and $5.00 resistance levels. EOS price is showing positive signs above $4.20 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Retest of $200
Litecoin price found support near $140 and corrected higher against the US Dollar. LTC price is now trading above $162 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $200 as long as it is above the $162 level. Litecoin price is recovering higher above $160 against the US Dollar, similar to...
Read More »Bitcoin Price Soared Above $55K, Highest Since May 2021
In a massive green candle, Bitcoin’s price managed to increase to as much as $55,555 on Binance, reaching a price that we haven’t seen since May this year. Bitcoin is up by a whopping 10% in the past 24 hours, and a lot of it came in the past 60 minutes. Chart by Binance As seen in the above chart, the price reached an intraday high of $55,555 on Binance’s spot exchange before retracing to where it’s currently trading at around $54,000. This was the highest BTC price that we...
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