Litecoin price is recovering from the $190 support zone against the US Dollar. LTC price is now trading above the $200 level and testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $210 resistance to start a strong increase in the near term. Litecoin price is consolidating above $195 and $200 against the US Dollar, while...
Read More »Tron (TRX) Price Analysis: Bulls Eye Crucial Break Above $0.055
Tron price is consolidating in a range above the $0.0480 support against the US Dollar. TRX price is now trading above the $0.0500 support and the 55 simple moving average (4-hours). There was a break above a connecting bearish trend line at $0.0510 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0545 and $0.0550 resistance levels in the near term. TRON price is trading in a range above $0.0480 against the US Dollar,...
Read More »Vitalik Buterin Thinks Ethereum Could Eventually Beat Bitcoin
Bitcoin has recently swung into the $60,000 range, thereby spiking to a new all-time high. The currency is stronger than it’s ever been, and many people are now giving it the attention it’s deserved for so long, but that has left many other altcoins – such as Ethereum – out in the dark. Ethereum Is Coming Out Swinging Ethereum is the world’s second-largest cryptocurrency by market cap after bitcoin, and as it’s primary competitor, the asset is consistently seeking to...
Read More »Cardano (ADA) Price Analysis: Risk of a Downside Break
ADA price failed to correct above $1.100 and extended its decline against the US Dollar. The price is now consolidating near the $1.000 support and well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.100 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of a sharp decline below the $1.000 and $0.9800 support levels. Cardano price is showing bearish signs below $1.100 against the...
Read More »Ethereum Price Analysis: ETH Correction Reaches Crucial Juncture
Ethereum price traded as high as $1,947 before starting a downside correction against the US Dollar. ETH price is currently trading near the $1,700 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,720 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear break below $1,720 and $1,700. Ethereum price is correcting gains from well above $1,900 against the US...
Read More »Actor Terry Crews Gets Involved in Crypto, Mints His Own Coin
We’ve seen many instances where celebrities – whether they be actors, athletes, etc. – get involved in the cryptocurrency scene, from Kanye West to Floyd Mayweather and DJ Khaled. Now, it looks like actor, host and former NFL star Terry Crews is dipping his fingers into the crypto pot. The star of “The Expendables” and host of “America’s Got Talent” has announced he’s minting his own digital coin. Terry Crews Has Entered the Crypto Forum with $POWER The asset has come by...
Read More »5 Oldschool Altcoins to Watch in 2021
The crypto market still has the potential to climb higher, have a look at the coins that can be your profitable partners for the next weeks and months.In search of promising investment opportunities, it would be absolute madness to ignore cryptocurrencies. In a single year – 2020, the market capitalization rose from $200 million to $1 trillion and today it reaches $1.2 trillion. While everyone knows about Bitcoin and Ethereum, most coins stay in the shadows. But there are some...
Read More »Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.42
Stellar lumen price is facing resistance near $0.4200 and $0.4500 against the US Dollar. XLM price is now consolidating below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4060 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase if it manages to clear $0.4060 and $0.4200. Stellar lumen price is forming a base above the $0.3750 level against the US Dollar, while bitcoin...
Read More »Ripple Price Analysis: Facing Uphill Task Near $0.50
Ripple price is still struggling to gain pace above the $0.4800 and $0.5000 resistance levels against the US dollar. The price is now well below $0.5000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.4560 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could either rally above $0.4600 or it might dive towards the $0.3950 support. Ripple price is consolidating well below the...
Read More »Top 5 Cryptocurrencies Besides Bitcoin to Look for in the Coming Week
The cryptocurrency market is booming over the past few days, with Bitcoin marking a brand new all-time high and capturing the coveted $60,000 mark – another huge milestone.But, as we know from history, the market likes to move in cycles, so it might be the case that soon we see altcoins starting to catch up. With this said, we’ve prepared a list of a few cryptocurrencies besides BTC that might be interesting to look at over the following week.EthereumEthereum did pretty well over the past...
Read More »