Altcoins

While Chainlink remains indecisive in a rising triangle, buyers continue to show commitment on the short-term.If LINK can break above the 38200 SAT level, the bulls might regain control of the market momentum.Chainlink is still facing strong support across its trading pairs.LINK/USD: Chainlink Looking For BreakoutKey Resistance Levels: $2.4, $2.75, $4Key Support Levels: $2, $1.52, $1.35LINK/USD. Source: TradingViewThis week, Bitcoin and altcoins have seen a small bounce from their immediate...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies are still correcting and volatility is reducing, so we may expect some good movements in the nearest future. As a rule, low volatility is often...

The last few days were quite turbulent for Bitcoin and the entire cryptocurrency market. BTC went to retest the support at $5,800, losing $800 of its dollar value in the process. However, it has since bounced, and it’s currently trading at another important support level at $6,300.BTC/USD. Source: TradingViewThis weekend saw $5,850 as the current weekly low, and that’s far from being a coincidence. As Cryptopotato reported, the $5,900 area holds very strong support as it also represents the...

Bitcoin price has been consolidating above $6,000 and below $6,800 in the past two weeks, as the stock market continues shedding. Toilet Paper Token, which is said to be sold out, rose by a whopping 1,123.97%Bitcoin has been trading at around $6,300 for the past few days. The crypto asset is experiencing a significant resistance at that level to breakthrough and trade above $7,000 level, where it began in January. As the coronavirus crisis continues pushing the market at large in a turf...

The number of circulating Tether (USDT) coins now exceeds 6 billion. Tether, and most stablecoins, have been continuously minting new coins to cope with the growing traders’ demand in times of high volatility and uncertainty in the cryptocurrency market.Over 6B USDT In CirculationThe past month was especially turbulent in terms of volatility, to say the least. Most cryptocurrencies were on the downhill, mainly due to the violent price actions in mid-March. The market tanked by as much as 50%...

ADA price is currently rising and it is trading above the $0.0300 resistance against the US Dollar.A strong support base seems to be forming above $0.0280 and $0.0265.There was a break above a major contracting triangle with resistance near $0.0301 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher and it could accelerate once there is a break above $0.0320.Cardano price is gaining bullish momentum against the US Dollar and bitcoin. However, ADA price must...

The digital dollar was recently cast out of the United States’ $2 trillion economic stimulus package designed to boost the country’s infrastructure following damage caused by the coronavirus.The Digital Dollar Could Have Done So MuchMany analysts agree that the notion of a digital dollar would likely be of great aid to bitcoin and the crypto industry, and that regulators initially missed a huge opportunity to support one of the finance world’s biggest tools.While the idea of digital dollar...

Market volatility remains high. That we’re in a recession is not a matter of doubt. At this point, it’s a question of mitigating its severity.Market volatility remains high as the Trump administration continues to address itself to the COVID-19 pandemic and its economic consequences. A degree of guarded confidence and corresponding gains have, however, arrested the marked drops in the S&P 500 and Dow, thanks to the approximately 2 trillion-dollar stabilization package currently being...

The works on the development of Ethereum 2.0 are going on. The multi-client testnet is scheduled for April.The Ethereum 2.0 multi-client testnet is set to launch in April. Sources say that Ethereum co-founder Vitalik Buterin stated this in an interview yesterday 30th March 2020.The multi-client testnet phase is the last stage before the final introduction of the new Ethereum 2.0 to the mainnet. Buterin said several things which are worthy of note. He indicated that the latest phase underwent...

Tron price is currently facing a strong resistance near the $0.0118 and $0.0120 levels against the US Dollar.TRX price is likely to remain well bid above the $0.0110 support area.There is a key contracting triangle with resistance near $0.0118 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0110 area.TRON price is trading in a crucial range with positive signs against the US Dollar, similar to bitcoin. TRX price...