Crypto news

Ethereum’s price has printed a substantial increase and finally surpassed the channel’s upper boundary. In spite of this, the cryptocurrency is approaching a critical resistance zone, and if a breakout occurs, an impulsive uptrend would become more likely. Technical Analysis By Shayan The Daily Chart Ethereum’s price has experienced an uptrend since breaking above the 50 and 100-day moving average lines and has currently reached the $1.6K critical resistance zone. This price...

It appears bitcoin is taking another beating, only this time, it’s from its rival gold. The precious metal has long been considered a solid commodity and a hedge against a wide array of economic problems and similar troubles, but it looks like the asset has recently hit a new six-month high and is now trading for more than $1,800. Bitcoin Keeps Suffering While Gold Is Jumping This is not necessarily good for bitcoin because it’s done nothing but taken serious plummets...

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After four straight weeks of price fluctuation with extremely low volatility, XRP finally initiated a rally and broke above the 50-day moving average. However, the uptrend came to a halt after reaching the 100-day moving average, and the price is now attempting to surpass it. Technical Analysis By Shayan The Daily Chart The 50-day moving average had been acting as resistance to the price for several months. However, the bulls recently pushed the price above this range. This...

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Two men in Nigeria have been arrested for allegedly taking part in crypto fraud. The pair obtained quite a bit of money by cheating investors and lying to them about their potential returns. Two Arrests for Crypto Fraud in Nigeria Force PRO – which is the national cybercrime force in Nigeria – said that the duo admitted to being part of a larger syndicate that specialized in defrauding people of their hard-earned funds. The syndicate is reported to attack investors in...

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