Bitcoin cash price failed to clear the $235 resistance and declined sharply against the US Dollar.The price is now trading near the key $220 support and the 55 simple moving average (4-hours).There was a break below a crucial bullish trend line with support near $227 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either continue lower towards $200 or it might recover from the $220 support.Bitcoin cash price is struggling to hold gains above $220 against the...
Read More »eToro Launches Cryptocurrency Staking Starting with Cardano and TRON
The growing trend of cryptocurrency staking has reached the multi-asset platform eToro. The company announced today that it will launch a staking service this month. The first two assets available will be Cardano (ADA) and TRON (TRX).eToro To Enable Crypto StakingCryptocurrency staking requires the investors to “lock” a certain amount of coins based on the proof-of-stake consensus algorithm or many of its varieties. Investors typically receive the right to vote and participate in the...
Read More »Ethereum 2.0 Launch in Gefahr
Ethereum hat weiterhin Probleme mit seinem ambitionierten Projekt ETH 2.0 – der Starttermin ist wieder in Gefahr. Eine Schwachstelle scheint der Node-Client Prysm zu sein, der durchschnittlich etwa 60% des Netzwerks nutzt. Dieser war bereits im August im Testnet abgestürzt und könnte weiterhin Probleme für Ethereum 2.0 bedeuten.Ethereum News: Ethereum 2.0 Launch in GefahrZuletzt crashte Prysm Mittte August. Das Testnet 2.0 stürzte ab und es wurde veröffentlicht, dass zu diesem Zeitpunkt 73,5...
Read More »EOS Price Analysis: Here’s Why Break Above $2.65 Is Crucial
EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...
Read More »Litecoin (LTC) Price Analysis: Bulls Eyeing Upside Break Above $48
Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar.LTC price is now trading above $46.20 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $45.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the key $47.30 resistance zone in the near term.Litecoin price is currently showing positive signs above $45.00...
Read More »Tron (TRX) Price Analysis: Risk of a Sharp Decline Below $0.024
Tron price is struggling to clear the $0.0280 and $0.0300 resistance levels against the US Dollar.TRX price is now trading well below $0.0280 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair remains at a risk of a sharp decline if it fails to stay above the $0.0245 support zone.TRON price is currently trading in a range above the $0.0245 support against the US Dollar,...
Read More »Obyte Projekt bietet Bonded Stablecoin Token an
Das Obyte Ökosystem wächst weiter. Kürzlich wurde eine neue Methode vorgestellt, mit dem Stablecoins kreiert werden können. Diese Methode nutzt sogenannte Multi-Dimensionale Bonding Curves und hat einige Vorteile zu bieten.Obyte News: Obyte Projekt bietet Bonded Stablecoin Token anDas genaue mathematische Model hinter den Bonding Curves kann hier nachgelesen werden: Multi-Dimensional Bonding Curve on MediumDie Methode nutzt mehrere Dimensionen, die über zusätzliche Token und Reserve Währungen...
Read More »Cardano (ADA) Price Analysis: Resistance Turned Support Near $0.10
ADA price gained traction and rallied above the $0.1000 resistance against the US Dollar.The price traded to a new monthly high at $0.1065 and settled above the 55 simple moving average (4-hours).There was a break below a major bearish trend line with resistance near $0.0860 on the 4-hours chart (data feed via Kraken).The price is currently correcting lower, but dips are likely to find support near $0.1000 or $0.0950.Cardano price is trading in a positive zone above $0.1000 against the US...
Read More »Ethereum Price Analysis: ETH Could Nosedive Below $350
Ethereum price started an upside correction from the $313 swing low against the US Dollar.ETH price is currently struggling to clear the $365 resistance and trading just above the 55 simple moving average (4-hours).There was a break below a key ascending channel with support near $354 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $350 support level in the near term.Ethereum price is declining and trading below the $355 support against the US...
Read More »Stellar Lumen (XLM) Price Could Rally Sharply if it Clears $0.078
Stellar lumen price is currently correcting higher from the $0.0668 low against the US Dollar.XLM price is currently trading above the $0.0720 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.0740 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0760 and $0.0800 resistance levels.Stellar lumen price is showing recovery signs above $0.0720 against the US Dollar,...
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