Altcoins

Tron price extended its decline below the $0.0175 support zone against the US Dollar.TRX price tested the $0.0168 support and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0174 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong upward move if it breaks the $0.0174 and $0.0180 resistance levels.TRON price is holding a major support zone near $0.0168 against the US Dollar, similar to bitcoin. TRX price must gain...

Recent research has indicated that Ethereum has ‘blown past Bitcoin’ in terms of daily settlement value, which is a testament to how much economic activity has increased on the network.Ethereum Beats Bitcoin on Economic ActivityMessari researcher, Ryan Watkins, recently posted his findings stating that a quarter ago, Ethereum had just about reached parity with Bitcoin in Daily settlement value. A quarter later, Ethereum has blown past Bitcoin.Zooming in on Ethereum, in Q1 Ethereum had just...

Ethereum price extended its decline below $235 and tested $230 against the US Dollar.ETH price is currently recovering and trading well above the $232 support zone.There is a major bearish trend line forming with resistance near $238 on the 4-hours chart (data feed from Coinbase).The pair could start a strong increase if it clears the $238 and $240 resistance levels.Ethereum price is holding the $232 and $230 support levels against the US Dollar. ETH/USD must surpass the $240 barrier to...

Chanpeng Zhao, CEO of the leading cryptocurrency exchange Binance, believes that there’s an ongoing altcoin season in the digital asset market.In a recent interview, he also emphasized on Bitcoin’s increased stability, joking that it has become a stablecoin now.CZ Suggests An Altcoin SeasonDuring the past several weeks, the altcoin market has boomed with double-digital increases charted almost daily. These events pushed cryptocurrencies such as Chainlink’s LINK to new highs. The DeFi sector...

Stellar lumen price gained bullish momentum above the $0.0950 and $0.1000 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1074 before correcting lower.There is a crucial bullish trend line forming with support near $0.0950 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near $0.0950 and it might continue higher above $0.1050.Stellar lumen price is trading in a bullish zone against the US Dollar and bitcoin. XLM...

Altcoins continue gaining traction, while Bitcoin remains calm. This decreases BTC’s dominance over the cryptocurrency market down to 62%, which is the lowest point in five months.Altcoin Market Rises To The OccasionThe past 24 hours come as another example that the altcoin market is fluctuating massively lately. This is especially evident among lower-cap alternative coins. Today’s leader is Terra (LUNA), with a surge of nearly 40% towards $0.37.Band Protocol is next after going up by 32% and...

Ripple price is consolidating above the $0.1920 support zone against the US dollar.The price is currently facing resistance near the $0.2000 and $0.2020 levels.There is a crucial breakout pattern forming with resistance near $0.2005 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of an upside break as long as it is above the $0.1920 level.Ripple price is stuck in a contracting range below $0.2000 against the US Dollar. XRP price must stay above...

While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...

The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150.However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe.Twitter Hack And BitcoinAfter the blatant Twitter hack earlier this week, the situation around the social media giant continues to unfold daily. The FBI initiated an extensive investigation, and now recent reports...

Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm.The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin.Bitcoin Chills On FridayThe largest cryptocurrency by market cap has been stalled in a tight range from $9,000 to $9,300 for over a week now. The events that transpired a few days ago, namely the infamous...