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Cardano (ADA) Price Analysis: More Gains above $1.50 Likely

ADA price started a fresh increase after it found support near $1.20 against the US Dollar. The price is now trading above $1.35 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1.35 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above $1.45 and $1.50 in the near term. Cardano price is trading in a positive zone above $1.35 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Reaches Key Juncture Near $2,200

Ethereum price gained pace above the $2,100 and $2,200 resistance levels against the US Dollar. ETH price is now trading well above $2,100 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair could either decline heavily or it might start a fresh increase above $2,300 in the near term. Ethereum price is struggling to hold gains above $2,200 against the US...

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There Are Now More Ethereum Addresses Than BTC Addresses

For the first time in the history of the crypto space, Ethereum addresses have taken over bitcoin addresses, suggesting that the altcoin is becoming far more popular and prominent than its daddy. Ethereum Addresses Now Outweigh Those of BTC Ethereum is the number two cryptocurrency in the world. It is bitcoin’s primary competitor and for the past six years, has often been less featured than BTC when it comes to price, size, and scope, but now – according to data from...

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Bitcoin Retraces to $34K as Trading Volume Reaches Multi-Month Low (Market Watch)

Following the positive weekend in terms of trading action, bitcoin has retraced by a few thousand dollars to just above $34,000. Most altcoins have also failed to continue upwards as ETH has dipped below $2,300, and BNB is close to breaking beneath $300. Bitcoin’s Trading Volume Drops as BTC Retraces Bitcoin proved most assumptions wrong in the past few days. There were concerns that history is to repeat itself and the asset could lose traction during the weekend as it did in...

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Ripple Price Analysis: Key Support Nearby At $0.67

Ripple price started an upside correction above the $0.6500 resistance against the US dollar. The price is now trading nicely above $0.6500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.6700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if it stays above the main $0.6500 support zone. Ripple price is slowly recovering above $0.6500 against the US...

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Ethereum (ETH) Surges to a 2-Week High as Bitcoin Surpasses $35K (Market Watch)

Bitcoin’s weekend struggles seem to be nowhere near as the cryptocurrency initiated another leg up and reclaimed $35,000. Most of the altcoins have charted gains as well, with Ethereum jumping above $2,300 for the first time since mid-June. Bitcoin Reconquers $35K After the volatile week in which BTC reached a multi-day high of $36,600 and then retraced to below $33,000, all eyes were on the weekend as recent history showed that the asset tends to head south when the workweek...

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USA Is the Most Crypto-Ready Country, According to a Recent Research

The cryptocurrency platform – Crypto Head – ranked the USA as the most prepared nation for the widespread adoption of digital assets. On the other hand, Cyprus is the country most interested in virtual currencies. Who Is Ready for Crypto? Despite the insecure nature of digital assets in terms of regulations, their popularity is still growing among investors. And while each country has its own specific approach towards the market, Crypto Head revealed which nations are the...

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Bitcoin Reclaims $34K: Cardano Spikes 7% Following Grayscale News (Market Watch)

Although most previous weekends started with adverse price movements for bitcoin, this time, BTC added more than a grand and reclaimed $34,000. Most altcoins have also reclaimed some ground since yesterday, with Cardano (ADA) rising 7% after news from Grayscale. Bitcoin Tops $34K CryptoPotato reported previously that the primary cryptocurrency tends to head south at the start of the weekends. Consequently, there were concerns about similar developments this time as well. So...

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New Charity Token CluCoin Enters the Crypto Foray

A new cryptocurrency known as CluCoin designed to focus on charity functions is making its way into the digital market. CluCoin Is Looking to Tie Itself to Charities The asset was created by a Twitch streamer known simply as DNP3. At the time of writing, his official identity remains unknown. In an interview, he explained the reason for the currency’s existence: Our goal is to improve all our community members’ lives, while also making the world a better place through...

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Bitcoin Cash Analysis: Trading Near Crucial Juncture Above $480

Bitcoin cash price is facing resistance near the $550 and $560 levels against the US Dollar. The price is now close to the $485 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $488 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could either start a fresh increase above $500 or it might dive towards the $425 level. Bitcoin cash price is slowly moving lower below $500 against the US...

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