Bitcoin cash price is slowly moving higher and it is trading above $225 against the US Dollar.The price is currently consolidating below the $240 resistance and above the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $240 resistance or dive back towards the $200 handle.Bitcoin cash price is showing positive signs above the $225...
Read More »Ethereum Surges as the First Ethereum 2.0 EIP Drives Traction
Ethereum gained 4.16% for the last 24 hours as the team working on the Phase 0 transition published several updates as EIPs to the environment.Ethereum blockchain is still considered the most reliable for the boosting DeFi, though many questions the high gas prices and transaction speed, whereas alternatives already promise higher speed and lower fees. After testing of the dynamic support, Ethereum continues to advance further in an uptrend parallel channel. At the time writing of this...
Read More »Ethereum Signale deuten auf Kursabfall hin
Der ETH ist weiterhin der zweitwertvollste Cryptocoin. Ethereum konnte seinen Platz in der Krise sogar festigen. Es wird jedoch immer offensichtlicher, dass dies nicht mit der Stärke des ETH, sondern mit der Schwäche anderer Altcoins zusammenhängt. Neue Ethereum-Signale zeigen klar nach unten.Ethereum News: Ethereum Signale deuten auf Kursabfall hinEin weiterer Abfall in dieser Woche wurde gestern durch ein klares Plus gekontert – der ETH legte seit gestern fast 5 Prozent zu. Trotzdem gibt es...
Read More »EOS Price Analysis: Upside Break, Bulls Eyeing Fresh Recovery
EOS gained pace from the $2.575 support and climbed higher against the US Dollar.The price is trading above the $2.70 resistance and testing the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise if there is a clear break above the $2.800 resistance zone.EOS price is showing a few positive signs against the US Dollar, similar to...
Read More »Paxful Shuts Down Operations in Venezuela, Cites OFAC Sanctions
Another day, another bad news for the people of Venezuela. Paxful has decided to stop supporting the country, giving users 30 days to withdraw their funds and preventing any new sign-ins.Throughout the day, users of the platform received an email, in which Paxful warned it had to “close its operations” in Venezuela after months of hard work:“Although we made our best efforts during several months, we are sad to announce that, in view of the concern for the regulatory scenario, Paxful will...
Read More »Tron (TRX) Price Analysis: More Downsides Possible Towards $0.022
Tron price failed to stay above the key $0.0320 and $0.0300 support levels against the US Dollar.TRX price is now trading below the $0.0285 support and the 55 simple moving average (4-hours).There was a break below a declining channel with support near $0.0276 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower towards the $0.0225 support zone in the near term.TRON price failed to hold gains and declined steadily against the US Dollar and bitcoin. TRX price is...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Upside Break Above $0.10
ADA price is currently consolidating above the $0.0920 support zone against the US Dollar.The price is facing a strong resistance near the $0.0980 level, but it is above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0985 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0985 and $0.1000 resistance levels in the near term.Cardano price is currently consolidating above $0.0920...
Read More »Ethereum Price Analysis: ETH Could Gain Momentum Above $390
Ethereum price is recovering nicely and trading above the $355 resistance against the US Dollar.ETH price is showing positive signs above $370 and the 55 simple moving average (4-hours).There is a crucial rising channel forming with support near $363 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it clears the $390 and $400 resistance levels.Ethereum price is showing many positive signs above $355 against the US Dollar. It seems like ETH/USD is aiming a...
Read More »Rapper T.I. Hit By SEC After Promoting Phony Crypto
Rapper T.I. is being hit with felony charges from the Securities and Exchange Commission (SEC). He has been ordered to pay a penalty fee of $75,000 for his role in a scam-laden initial coin offering (ICO).The SEC Goes After T.I.The SEC has made it clear over the past few years that it’s not going to play around. If you try to cheat investors, if you fail to register as a security, if you step out of line in any way, the agency will come after you and it will penalize you. It seems that the...
Read More »Stellar Lumen (XLM) Price Could Nosedive Below The 55 SMA
Stellar lumen price started a steady recovery wave from the $0.0722 low against the US Dollar.XLM price tested the $0.0850 resistance zone and it is now testing the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $0.0790 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below the 55 SMA or it might rise further above the $0.0850 hurdle.Stellar lumen price is struggling to gain pace against the US Dollar, similar to...
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