Markets

Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...

Ethereum’s native cryptocurrency, Ether has experienced an explosive price action in the last few hours. ETH surged by more than 8 percent to move past the $420 price mark breaking out of a week-long consolidation.Also, the Ethereum based decentralized finance ecosystem just registered a new milestone. The total USD value locked in DeFi hit the $5 billion mark.ETH Regains Position Above the $420 Level After 2 YearsIn a thunderous bout of volatility, ETH jumped by more than 8 percent to...

Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...

Recently, bitcoin took a nasty dive of approximately $600 despite being on the verge of crossing the $12K threshold.Bitcoin Dives, and Gold Does the SameAs late as Monday, the world’s number one digital currency by market cap was trading for over $11,900, meaning it was just a few dollars away from breaking present resistance and moving even further up the financial ladder. Sadly, this wasn’t meant to be as the asset ultimately drove itself back to the $11,300 mark just 24 hours later.Bitcoin...

Bitcoin price continues to remain inside the bullish ascending triangle, despite several attempts from bearish traders in the last three days to break through the pattern’s vital up-trending support.On the 4-Hour BTC/USD chart, we can see that bulls have successfully eaten up all 6 of the candles that wicked down beneath the support, but have so far been unable to break back above $11,600.Now, the price action appears to be pushing sideways while both bulls and bears recover.Looking across to...

The reality of the oil market didn’t discourage the Iranian president from trying to presell its 220 million barrels of energy to its citizens.Authorities in Iran are encouraging its citizens to get more involved in investments in the oil sector. This is despite the fact that oil has not performed well as an asset this year.The statement by the president of Iran, Hassan Rouhani, that was televised on Wednesday showed him say that the USD and gold were bad options for investors. He said that...

Chainlink surged by another 18.5% today to bring the price for the coin as high as $17.90.This move created a new ATH value for LINK and allowed it to claim the 5th ranked position according to market cap.Against Bitcoin, LINK also created a new ATH value as it reached as high as 153,000 SAT today.LINK/USD: LINK Pushes Into Fresh ATH at $17.90Key Support Levels: $16, $15.10, $14.Key Resistance Levels: $17.90, $19, $19.50.Chainlink is showing zero signs of slowing its pace after it surged by a...

Coinbase customers in the US will have the opportunity to receive cash loans against their Bitcoin holdings. If approved, the company’s clients might get their loans in two to three days.The Waiting ListAs per an official recent announcement, Coinbase has set a specially designated waiting list for their customers, who might like to take up on the offer and borrow a given amount of cash. The main idea is that via this new opportunity they will have some more control over their crypto...

Stellar lumen price started a steady decline from the $0.1180 resistance zone against the US Dollar.XLM price declined below the $0.1080 support level and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.1050 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0950 support before it might start a fresh increase.Stellar lumen price is slowly moving lower below $0.1050 against the US Dollar, while...

Bitcoin price is holding a couple of important supports near the $11,200 level.The price is slowly rising, but it struggling to clear $11,600 and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the 55 SMA and the $11,600 resistance to restart its rally in the near term.Bitcoin price is showing a few positive signs above $11,000 against the US Dollar. However, BTC must...