In the last five days, Ripple has grown by an impressive 16%, reaching highs exceeding $0.36 in today’s market. However, this doesn’t mean that the bearish trend has come to a halt. Technical Analysis By Grizzly The Daily Chart Once again, the bulls have demonstrated their determination to prevent the price from falling below $0.3 (in green). The next resistance for the cryptocurrency lies at $0.38 (in yellow). XRP has gone through a sideways trend as buyers were unable to...
Read More »More Hotels Are Accepting of Crypto
There are more hotels around the world willing to accept crypto for room stays and additional payments. It looks like the worlds of digital currency and hospitality are coming together once and for all as more resorts have opened their hearts to the assets. Hotels and Crypto… A Perfect Match! The moves are pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins...
Read More »Bridge (BRG) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed Bridge (BRG) on September 9, 2022. For all users of LBank Exchange, the BRG/USDT trading pair is now officially available for trading. As the most public oracle on BNB chain, Bridge (BRG) is here to adapt new technologies and develop new protocols to introduce a decentralized economy to the world. Its native token BRG has been listed on LBank Exchange at 18:00 (UTC+8)...
Read More »Stellar Lumen (XLM) Price Could Rally Past $0.12
Stellar lumen price started a fresh increase above the $0.1140 resistance zone against the US Dollar. XLM price is now trading above $0.1135 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1050 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1110 and $0.1080 support levels. Stellar lumen price is trading above $0.1350 against the US Dollar, similar...
Read More »Ripple Price Analysis: Bulls Eye Upside Break Above $0.4
Ripple price gained pace and cleared the $0.3500 resistance against the US dollar. The price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3600 and $0.3650 support levels. Ripple price is recovering above $0.3500 against the US Dollar, similar to...
Read More »Web3 Games and Metaverse Projects Raised $748 Million in August (Report)
According to a report by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects raised $748 million since August 1, 2022. Last month, on average, 847,000 daily Unique Active Wallets (UAW) interacted with blockchain games, an 11% decline compared to July. One of the most popular games in the field – Axie Infinity – surpassed $4 billion in all-time NFT sales, while approximately 36,000 additional people joined as daily players in the past...
Read More »ETH Needs to Break This Level to Initiate a Sustained Rally (Ethereum Price Analysis)
Ethereum increased by 25% in the past few days and seems to be a step away from shattering the line that has followed the price since its all-time high was registered in November 2021. Technical Analysis By Grizzly The Daily Chart Ethereum has reached an obstacle on the daily chart. A significant resistance zone has been established by the convergence of two descending lines (in yellow and orange) and the horizontal resistance at $1,800 (in red). On August 14, the bulls’...
Read More »This Is How Marathon Digital Performed in August
The Las Vegas-based cryptocurrency miner – Marathon Digital Holdings – steadily improved its bitcoin production levels in August, mining 184 BTC. It also successfully energized 25,000 of its previously installed miners. The process increased the hash rate to nearly 3.2 exahashes per second. Over the next three months, the company expects to activate 65,000 additional miners and thus reach a computing power of 6.9 EH/s. Marathon Makes a Progress One of the biggest crypto...
Read More »Bitcoin Tests $22K But Worrying Signs Start Flashing (BTC Price Analysis)
The Bitcoin market is often full of surprises and last week was no exception. Bearish sentiment was dominant, and the cryptocurrency seemed to be days away from creating a new lower low. However, a significant price rally has changed the view from a technical aspect. Technical Analysis By: Edris The Daily Chart Looking at the daily timeframe, Bitcoin has bounced back from the key $18K support level once more, and rallied impulsively above the $20K mark last week. The price...
Read More »Lillian Finance Is a New “Medical” Cryptocurrency
Lillian Finance LLC – a medical blockchain firm – says its new digital currency is doing quite well, having shot up by more than 260 percent in recent months. During a time when digital currencies are not in a good place, Lillian Finance is something of a breath of fresh air. Lillian Finance Is in a Good Place The crypto arena has been suffering heavily for the past several months. Bitcoin, for example, the world’s number one digital currency by market cap, has lost more...
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