Altcoins

Tron price rallied towards the $0.0680 zone before correcting lower against the US Dollar. TRX price is now trading above the $0.0575 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.0580 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0620 and $0.0630 resistance levels in the near term. TRON price is trading in a positive zone above $0.0550 against...

Bitcoin price started a fresh decline from well above $58,000 against the US Dollar. The price is now trading below the $55,000 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $56,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below the $53,200 and $53,000 support levels in the near term. Bitcoin price is holding a major support above...

ADA price topped near the $1.450 level and started a fresh decline against the US Dollar. The price is now trading below the $1.200 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more losses below the $1.070 and $1.050 support levels. Cardano price is showing bearish signs below $1.200 against the US Dollar, similar to...

Ethereum price failed to clear the $1,850 resistance and declined heavily against the US Dollar. ETH price is currently trading well below $1,800 and the 55 simple moving average (4-hours). There was a break below a rising channel with support near $1,788 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue lower towards the $1,600 and $1,500 support levels in the near term. Ethereum price is slowly moving lower from $1,800 against the US...

With non-fungible tokens (NFTs) permeating the mainstream, TRON is doing everything it can to guide some of that attention to its network. Following a strategic collaboration between TRON and MixMarvel, the latter’s blockchain-agnostic gaming ecosystem will be bringing its tokenized gaming interface to TRON.This is intended to unlock new value for both communities, as MixMarvel will be able to introduce TRX as a base asset in its gaming ecosystem and gain access to TRON’s community, while the...

Stellar lumen price is facing resistance near $0.4100 and $0.4350 against the US Dollar. XLM price is now consolidating near $0.4000 and above the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4000 on the 4-hours chart (data feed via Kraken). The pair must clear the $0.4100 and $0.4350 resistance levels to start a strong increase. Stellar lumen price is forming a base above the $0.4000 level against the US Dollar,...

Ripple price is showing positive signs above the $0.4980 and $0.5000 resistance levels against the US dollar. The price is now well above $0.5000 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.4960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to start a strong increase above the $0.5250 and $0.5300 resistance levels. Ripple price is trading in a positive zone above the...

Grayscale – provider of one of the world’s largest bitcoin funds – has announced that it is unveiling five new trusts based on assorted altcoins. Grayscale Is Giving Us More Digital Currency Trading Options Among the currencies these trusts will allow customers to invest in are Chainlink, Filecoin and Livepeer. Another trust will hold Basic Attention tokens, while a fifth will give customers a chance to invest in an asset associated with the virtual reality world...

TurtleDex, a decentralized Binance Smart Chain protocol, went through a rug pull. The protocol drained 9000 BNB, approximately $2.5 million. The owners immediately deleted TurtleDex’s telegram, the official website, and the Twitter page.A “rug pull” is a popular term in the DeFi space. In essence, the team behind the project pulls out the liquidity of the tokens being traded and makes off with the money, nowhere to be seen.A Sad day for TTDX HoldersJet Fuel Finance, a yield farming protocol...

Following a few days of enhanced volatility, bitcoin has calmed slightly north of the $58,000 mark. Some altcoins have used the opportunity to reduce BTC’s market dominance with impressive gains, including DOT nearing $40 and UNI jumping by 10%.Bitcoin Calmed Above $58KThe past several days were quite volatile for the primary cryptocurrency. BTC went from briefly breaching above $60,000 to a sudden drop to $53,000 before reclaiming $7,000 again on Thursday.Since then, though, BTC has calmed a...