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Altcoins

Cardano (ADA) Price Analysis: Bulls Aims For $1

ADA price is gaining pace above the $0.720 zone against the US Dollar. The price is now trading above $0.732 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.7220 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.7880 and $0.800 resistance levels. Cardano price is rising above $0.720 against the US Dollar, like Bitcoin. ADA price could rally further...

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Ethereum Price Analysis: ETH Reclaims $4,000, What’s Next?

Ethereum price is moving higher above the $4,000 resistance against the US Dollar. ETH price is now trading above $4,000 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $3,880 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,880 support zone. Ethereum price is rising above the $4,000 level against the US Dollar. ETH/USD could rise further if it clears the $4,080...

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BEFE Coin Fever: The Untold Story Behind the Cryptocurrency Everyone Wants – Get the Inside Scoop!

With a growth rate of +5000%, this new meme coin is the talk of the town. While the dogs and frogs are watching, BEFE coin is busy taking the crown of the next best meme coin for itself! Such a growth rate is unexpected from even big coins like bitcoin and even other altcoins like ethereum, and solana, which is why BEFE coin is fast becoming the rising star. Move over, dogecoin! What is BEFE coin? With a CoinMarketCap rank of #2932, this new rockstar is fast...

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Solana (SOL) Makes a Comeback: $24M Inflows Signal Positive Momentum

Solana has been highly favored among altcoins, yet its reputation took a hit due to significant network outages. Despite the overall market surge and renewed investor confidence in 2024, inflows into digital asset investment products associated with Solana were not substantial. However, there are signs of a gradual shift in this trend as Solana investment products gathered pace once again. Solana Rebounds with $24M Inflows According to CoinShares’s latest edition of the...

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Stellar Lumen (XLM) Price Could Gain Pace If It Clears $0.15

Stellar lumen price is attempting a fresh increase from the $0.1165 zone against the US Dollar. XLM price is now trading near $0.140 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1355 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.1500 resistance zone. Stellar lumen price is trading above $0.1250 against the US Dollar, like Bitcoin. XLM...

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Ripple Price Analysis: Key Support Intact Above $0.55

Ripple price started a downside correction from the $0.640 zone against the US dollar. The price is now trading below $0.6250 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.6200 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.5550. Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP...

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Arthur Hayes Clarifies: Ethena’s Yield Mechanism Unique from Terra’s Collapsed UST Stablecoin

The stablecoin initiative USDe by Ethena Labs has seen notable adoption, with its market cap surging by over 40% in the last week and by 400% in the last month, reaching $840 million. Following the setback of the Terra ecosystem’s downfall, concerns have been raised within the community about the launch of USDe. However, Arthur Hayes is optimistic, seeing Ethena as the leading contender in the crypto space to deliver a synthetic USD based on a public blockchain. USDe is not...

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Is the Bitcoin Rally Cooling Down in the Short Term? Altcoin Seasons Starts Brewing (Analysis)

On March 8, on-chain analytics provider Santiment reported that despite the incredible milestone for Bitcoin, “there is a combined sense of exhaustion and altcoin distraction coming from the trading community right now.” BTC prices briefly topped $70,000 on Coinbase on Friday marking a new all-time high for the digital asset. However, it sharply retreated from this level for the second time in a week, falling to around $68,000 a few hours later. Bitcoin Fervor Fading? So far,...

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