As soon as the bears reached the key support, they completely lost control of the price action. Key Support levels: $0.30 Key Resistance levels: $0.35, $0.38 ADA finally found good support at 30 cents from where the bulls managed to turn the momentum in their favor. The price quickly rallied to hit the resistance at 35 cents. This show of strength has turned the chart bullish, which could see ADA move higher later this week. Chart by TradingViewTrading Volume: The explosive...
Read More »Cardano Founder Charles Hoskinson Says Crypto Should Cut Ties With Banks
Cardano’s Founder – Charles Hoskinskon – believes the cryptocurrency industry should differentiate itself from the “unstable and volatile” banking sector. Three of America’s leading financial institutions – Silvergate Capital, Silicon Valley Bank, and Signature Bank – were shut down by regulators earlier this month, propelling severe losses for numerous crypto-focused firms. In a recent tweet, Hoskinson opined that crypto should stay away from traditional banking since the...
Read More »USDC Issuer Circle Updates Its Community on Its Stablecoin Operations
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Read More »Filecoin Virtual Machine Goes Live on Mainnet, Now Supports Smart Contracts and User Programmability
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Read More »Google Launches API for AI language Model PaLM Challenging ChatGPT-3
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Read More »OpenAI Announces Latest Milestone in Deep Learning Scaling – GPT-4
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Read More »Coinbase Launches Local Bank Transfers for Singapore Users at Zero Cost
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Read More »Industry Leaders: Amazon NFT Platform Is Gamechanger
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Read More »Tron (TRX) Price Analysis: Trend Turns Bullish Above $0.065
Tron price started a fresh increase from the $0.055 level against the US Dollar. TRX price is now trading above $0.06 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.066 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.070 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise...
Read More »Bitcoin Price Analysis: BTC Rally Could Extend Above $26K
Bitcoin price started a fresh increase above the $24,000 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $21,950 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $25,250 level. Bitcoin price is showing positive signs above $24,000 against the US Dollar....
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