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Litecoin (LTC) Price Analysis: Key Supports Nearby, Bulls In Control

Litecoin price traded above the $48.00 and $50.00 resistance levels against the US Dollar.LTC price is currently trading above the $48.50 support level and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its upward move unless it breaks the $48.50 support zone in the near term.Litecoin price is showing positive signs above $48.00 against...

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Chainalysis Is Helping to Track Monero-Related Crime

According to Chainalysis, the revenue its taking in has tripled in recent months thanks to many public sectors looking to track blockchain and cryptocurrency activity.Chainalysis Has Seen Its Horizons GrowIn particular, the company is working with the Internal Revenue Service (IRS) to track a privacy-focused cryptocurrency known as Monero, which has been the object of much controversy over the years.Monero, for example, is often involved in crypto jacking operations, in which a hacker obtains...

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Tron (TRX) Price Analysis: Upside Continuation Likely Above $0.028

Tron price started a steady increase from $0.0240 and climbed towards $0.0280 against the US Dollar.TRX price is now trading well above the $0.0260 support and the 55 simple moving average (4-hours).There is a rising channel forming with support near $0.0263 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the $0.0275 and $0.0280 resistance levels.TRON price is currently trading in a positive zone above $0.0260 against the US Dollar, similar to...

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The Digital Yuan Has Entered a Whole New Period of Testing

The Chinese digital yuan is now a thing of reality. Following what has been a lengthy period of testing, the People’s Bank of China has launched approximately $1.5 million worth of the virtual currency.The Digital Yuan Is Being Released on 50,000 PeoplePrior, the digital yuan was being tested through American businesses such as Subway, but now, it looks like the currency has entered a whole new phase of its development process. The currency’s pilot program saw the Shenzhen Municipal...

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Ethereum 2.0 mit positiven Nachrichten und einem steigenden Kurs

Gestern wurde das Zinken-Testnet für den ETH 2.0 gestartet – endlich gute Nachrichten für Ethereum Investoren. Der Starttest verlief erfolgreich und ließ Entwickler von einer „perfekten Leistung“ sprechen. Der Kurs reagierte und legte im kleinen Bullenmarkt weiter zu.Ethereum News: Ethereum 2.0 mit positiven Nachrichten und einem steigenden KursNachdem zuletzt die Spadina-Testnet-Studie nicht erfolgreich war, ist diese Meldung beruhigend für diejenigen, die ihre Hoffnungen (und ihr Geld) in...

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Cardano (ADA) Price Analysis: Signs of More Upsides Above $0.12

ADA price is gaining pace above the $0.1000 and $0.1100 resistance levels against the US Dollar.The price is trading nicely above the 55 simple moving average (4-hours) and $0.1100.There was a break above a short-term declining channel with resistance near $0.1080 on the 4-hours chart (data feed via Kraken).The price is likely to further rally and accelerate higher if it clears the key $0.1150 resistance.Cardano price is showing positive signs above the $0.1100 level against the US Dollar,...

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Ethereum Price Analysis: ETH Signaling Bullish Bias Above $375

Ethereum price extended its rally above the $375 resistance zone against the US Dollar.ETH price is currently trading well above $370 and the 55 simple moving average (4-hours).There was a break above a key bullish flag pattern with resistance near $375 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but dips are likely to find support near $365.Ethereum price is showing positive signs above $365 and $375 against the US Dollar. It seems like ETH/USD...

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Stellar Lumen (XLM) Price Eyeing Upside Break Above $0.08

Stellar lumen price seems to be gaining pace above $0.0750 against the US Dollar.XLM price is currently trading well above $0.0765 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0785 and $0.0800 resistance levels.Stellar lumen price is showing bullish signs above $0.0750 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Chances of More Upsides Above $0.26

Ripple price is gaining pace above the $0.2480 and $0.2500 resistance levels against the US dollar.There is a key bullish trend line forming with support near $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to climb further above $0.2600 as long as it is above $0.2455.Ripple price is trading is a positive zone above $0.2500 against the US Dollar. XRP price is likely to continue higher if it clears the $0.2600 resistance zone.Ripple Price...

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Sunday’s Market Watch: Is Bitcoin Taking a Break Before $12K?

Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains.Bitcoin Steady Above $11KAs reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500 with just a few hourly candles.After registering such notable gains in a relatively short period, BTC has retraced slightly and calmed....

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