Altcoins

ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...

Ethereum price is holding gains above the $1,600 and $1,700 resistance levels against the US Dollar.ETH price is currently trading well above $1,750 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $1,730 on the 4-hours chart (data feed from Coinbase).The pair is likely to start a strong surge if it clears the $1,840 resistance level.Ethereum price is eyeing more upsides above $1,850 against the US Dollar. ETH/USD may soon test the $2,000...

Ever since Tesla purchased more than $1.5 billion worth of bitcoin last week, many more large-scale companies are getting the confidence they need to either examine bitcoin payments or invest in the currency outright. The latest major firm to jump on the bitcoin bandwagon is driving service Uber, which says that it’s considering allowing BTC payments in the future.Uber Is Hopping Aboard the Bitcoin TrainThe idea of bitcoin and cryptocurrency payments has been something of a conundrum over the...

Ethereum followed Bitcoin’s price through a correction earlier today. However, in doing so, it has also reached oversold levels on the Relative Strength Index (RSI) which are typically followed by a serious uptrend.Ethereum’s Price Goes Through a CorrectionAs CryptoPotato reported earlier today, Bitcoin’s price went through a mild correction which saw it dipping below $46,000 after a rejection at the coveted $50,000 level.Many altcoins followed and ETH was among them. The correction in ETH’s...

Stellar lumen price started a fresh decline from the $0.6060 high against the US Dollar.XLM price is approaching the $0.4500 support and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.44020 on the 4-hours chart (data feed via Kraken).The pair could start a fresh increase as long as it is above the trend line and $0.4200.Stellar lumen price is correcting gains from the $0.6060 yearly high against the US Dollar, similar to bitcoin. XLM...

This Monday, in the EU morning trading session, the cryptocurrency market is going through a pullback. Bitcoin got rejected at $50K as it was unable to break this level, resulting in a drop that saw around $70 billion wiped off the total cryptocurrency market capitalization at the time of this writing.Bitcoin Price Fails at $50K.Hopes were high yesterday that the price for Bitcoin would finally break the coveted $50,000 mark. The cryptocurrency came very close to breaching it. It charted a...

Ripple price started a fresh increase above the 0.5000 and $0.5500 resistance levels against the US dollar.The price is now trading well above the $0.5000 zone and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.5400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to remain well bid above the $0.5200 and $0.5000 support levels in the near term.Ripple price is trading in a positive zone above $0.5000...

American singer, songwriter, and entrepreneur, Lindsay Lohan is the latest celebrity to openly endorse cryptocurrencies. Just three days ago, she announced the sale of her NFT, Bitcoin ‘Lightning,’ and now, it seems she is getting fascinated by the DeFi world.There appears to be a widespread bitcoin frenzy in the music scene. While Hip Hop star Jay Z is teaming up with Twitter CEO Jack Dorsey to donate bitcoin for developers in Africa, Lindsay Lohan is exploring the world of DeFi.She took to...

Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...

Altseason is booming. Data from the popular monitoring resource Coin Market Cap shows that the total capitalization of all alternative cryptocurrencies currently stands just shy of $600 billion. This has reduced Bitcoin’s market dominance to 60%.With this said, we’ve selected five altcoins to keep a close look at in the following week.Yearn Finance (YFI)YFI needs no introduction. It’s the governance token for the Yearn Finance ecosystem, and it’s one that definitely made history....