As the halving season is nearing, the anticipation of investors is increasing. Every single trader wants to get the most out of the upcoming bullish rally, which is why they are looking for potential altcoins. One such coin is Bitgert, which has performed wonderfully even in the bearish period. Post Halving Expectations From Bitgert Unlike other altcoins that drowned during the bearish crypto period, Bitgert achieved its ATH value of $0.00000404 on August 13,...
Read More »Bitcoin Cash Analysis: Bears Gain Strength Below $550
Bitcoin cash price started a fresh decline from the $570 zone against the US Dollar. The price is now trading below the $550 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $505 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $525 resistance zone. Bitcoin cash price is struggling below the $550 zone against the US Dollar,...
Read More »US Senators Introduce Stablecoin Regulatory Framework, While Warren Wants Restrictions
On April 17, the two pro-crypto Senators introduced the Lummis-Gillibrand Payment Stablecoin Act. The bill “solves key policy challenges that have lingered around previous proposals and provides prudential regulation and added consumer protections to stablecoin issuers,” said Lummis, who added, “But above all, it allows innovation to prosper.” The Senators have been drafting the bill for months as customer protections and proper custody practices for issuers came into focus...
Read More »EOS Price Analysis: Uptrend At Risk Below $0.85
EOS price started a fresh decline after it failed to clear $1.150 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a declining channel forming with resistance at $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.775 and $0.80 resistance levels. EOS price is struggling below $1.00 against the US Dollar, unlike Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bears Take Control Below $90
Litecoin started a fresh decline from the $105 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $87.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $70.00 support zone. Litecoin price is struggling below $90.00 against the US Dollar, like...
Read More »Ethena USDe Tops $2.3B Market Cap But Risks Identified
Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to the US dollar. On April 16, on-chain analytics firm CryptoQuant took a deep dive into the Ethena ecosystem revealing risks with the latest stablecoin, which has seen its market capitalization grow to more than $2 billion in a shorter time after launch than any other major counterpart. USDe’s market cap...
Read More »Solana (SOL) Price Analysis: Price Dips 50%, Can It Recover?
Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...
Read More »Important Binance Announcement Affecting Some Altcoin Traders: Details
TL;DR Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform. Despite these additions, the involved cryptocurrencies face declines in a generally falling market. What’s New? The world’s largest cryptocurrency exchange will expand the list of trading options offered on Binance Futures to enhance users’ experience. It will launch the ARB/USDC and NEO/USDC perpetual contracts with up to 50x leverage, while FIL/USDC will...
Read More »Ethereum (ETH) Tops a Notable Ranking, Surpassing Popular Altcoins and Meme Coins
TL;DR Ethereum (ETH) leads in a particular ranking following the approval of Ethereum ETFs in Hong Kong. Despite this success, the asset’s price has recently declined by 5% in 24 hours and 15% weekly, with analysts indicating critical levels for potential recovery in its value. ETH Ranks First The market intelligence platform Santiment revealed that Ethereum (ETH) has garnered much attention lately, experiencing the fastest rise in discussion rate in the crypto community....
Read More »Cardano (ADA) Price Analysis: Bears In Action Below $0.52
ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4940 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.520 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...
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Altcoins
