Altcoins

Ethereum price started a fresh rally above the $3,000 resistance against the US Dollar. ETH price is currently trading well above $3,000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $3,140 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,150 and $3,000 levels. Ethereum price is gaining pace above the $3,000 level against the US Dollar....

As crypto traders, we have all been so caught up in the bitcoin hype as of late that it appears we have forgotten about Ethereum and a lot of the world’s smaller altcoins, but the fact is that these assets should not be forgotten. In fact, they should be revered. Ethereum Is Surging Ethereum has recently hit a new all-time high. At the time of writing, one unit of Ethereum has struck $2,774. That means one unit of the world’s second-largest cryptocurrency by market cap...

Binance’s native crypto asset has been on a roll in 2021, resulting in breaking into uncharted territory quite regularly. With the latest record coming a few hours ago above $650, the asset’s total market cap went into a nine-digit territory.  After the start of the ongoing crypto bull run in October last year, Binance Coin seemed somewhat trailing behind. While bitcoin and other digital assets were surging with double-digits monthly and reached new records by the end of...

Stellar lumen price started a fresh increase above the $0.5000 resistance zone against the US Dollar. XLM price is now trading well above $0.5000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4950 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.5750 and $0.6000 resistance levels. Stellar lumen price is gaining pace above $0.5000 against the US...

Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...

After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...

Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000. Despite new records for Ethereum and Binance Coin, BTC actually managed to reclaim some of its recently lost market dominance. Bitcoin Adds $6K in Two Days While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best. The primary cryptocurrency had recovered from its April slumps that drove it below $50,000 but had...

Dogecoin has been all the rage as of late. While bitcoin has been sinking into oblivion, Dogecoin keeps getting attention and has recently hit a new all-time high. However, when something comes up, it usually winds up having to come down at some point, so when will that occur for what is now considered the fourth-largest cryptocurrency by market cap? Dogecoin Has Caused Quite a Stir Two young people have recently shared their thoughts about where the currency will go...

The past week has been overall very favorable for the cryptocurrency market. The total capitalization grew to $2.15 trillion, which is a 17% increase. Most of it came from altcoins, however. At the time of this writing, bitcoin’s price trades at around $56,000 following a quick spike. It’s up 9% on the week and managed to recover some of the losses of the previous seven days. In general, the overall trajectory for BTC has been quite positive. It started the week at slightly...

The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...