Tron price is trading in a positive zone above the $0.0160 resistance zone against the US Dollar.TRX price is facing a short term hurdle near the $0.0172 level.There was a break above a crucial contracting triangle with resistance near $0.0152 on the 4-hours chart (data feed via Bitfinex).The price might accelerate higher towards $0.0185 and $0.0200 if it breaks the $0.0200 barrier.TRON price is gaining bullish momentum against the US Dollar, similar to bitcoin. TRX price is likely to surpass...
Read More »Ethereum Price Analysis: ETH Eyeing More Upsides Above $250
Ethereum price is up more than 10% and it is trading above $240 against the US Dollar.ETH price is showing a lot of positive signs, but it is facing hurdles near $250.There was a break above a crucial contracting triangle with resistance near $210 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $280 if it clears the $250 resistance zone.Ethereum price is trading in a bullish zone above $225 against the US Dollar. ETH/USD seems to be eyeing more...
Read More »Facebook’s Calibra Wallet is Now the Novi Wallet
Facebook’s Calibra wallet is being renamed the “Novi” wallet.Calibra No More; Novi Has ArrivedThe Calibra wallet is part of the company’s ongoing Libra cryptocurrency, and will allegedly be utilized for spending and holding digital currencies. While Libra itself is a cryptocurrency that can be used to make purchases or gain access to services through Facebook, Calibra is the wallet that will be used to store Libra and whatever other forms of crypto the user may have, only this time, the...
Read More »Stellar Lumen (XLM) Price Could Rally If It Breaks $0.075
Stellar lumen price is trading in a positive zone above the $0.0700 pivot level against the US Dollar.XLM price is likely to accelerate higher if it clears the $0.0750 and $0.0760 resistance levels.There is a major bullish trend line forming with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could rise steadily as long as it is above the $0.0680 pivot zone.Stellar lumen price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. XLM...
Read More »Ripple Price Analysis: XRP Eyeing Upside Break Above $0.21
Ripple price started a decent increase and moved above the $0.2000 resistance against the US dollar.The price is now trading above the $0.2025 level and it is facing hurdles near $0.2065 and $0.2130.There is a major bullish trend line forming with support near $0.2015 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2100 resistance zone in the near term.Ripple price is trading in a positive zone above $0.2000...
Read More »Crypto Lending Has Become a Popular Endeavor
The process of crypto lending has gotten to be quite big. In fact, since the process was first introduced, as much as $8 billion in crypto funds have been borrowed by customers.Crypto Lending Has Gotten Big Over the YearsCrypto lending can be very tricky in that the currencies backing the loans are often vulnerable to volatility and price swings. That’s why companies like Celsius Network – which specialize in building crypto loans for users – never do anything unless the loan is based on a...
Read More »Messari: ETH Share On Ethereum’s Blockchain Contentiously Declines, Might Soon Tumble Below 50%
The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.”ETH’s Role On Ethereum Blockchain DecreasesPer the research provided by Messari’s Ryan Watkins, ERC-20 tokens are rapidly approaching 50% of the total value stored on the Ethereum network.ERC20 Tokens On Ethereum Blockchain....
Read More »Is Bitcoin On Its Way To Finally Break $10K? The Crypto Weekly Market Update
Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it got rejected at that level, and it’s currently trading slightly below it around $9,400. If Bitcoin can climb back above this important resistance level, it may take another shot at the coveted...
Read More »Theta Cryptocurrency Has Surged Far More than BTC
Bitcoin has been on fire lately, but there are other smaller currencies that are virtually on fire, one being Theta.Theta Is Growing Like No Other CoinThe digital currency industry is full of small coins that very few people have heard of. One – called Theta – has jumped by more than 1,000 percent since reaching new lows in early March. The currency is leading a bullish wave that appears to be making its way through all corners of the cryptocurrency space.1,000 percent is quite huge,...
Read More »Bitcoin Struggles To Maintain $9000 As THETA Plunges 20%: Thursday’s Market Watch
The past few days have been relatively exciting in the cryptocurrency market. Bitcoin managed to reclaim the $9,000 level but it appears that bulls might be running out of steam. At the same time, despite the fluctuations in its price, large-cap altcoins failed to make any serious advances as most of them remain more or less break even against Bitcoin.Bitcoin Struggles Above $9,000Bitcoin has been playing with the $9,000 area quite a bit in the last few days. Yesterday, the cryptocurrency...
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Altcoins
