Markets

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ADA price seems to be forming a support base above the $0.34 level against the US Dollar. The price is now trading above $0.332 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.350 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.370 and $0.380 levels. Cardano price is showing positive signs above $0.340 against the US Dollar, similar to...

Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,600 resistance zone. Ethereum price is rising above the $1,450 level against the US Dollar. ETH/USD could rise further if it clears the $1,600...

Despite several bullish predictions for 2023, Brian Armstrong – the CEO of Coinbase – believes it will be some time before the crypto space relieves itself of the drama caused by FTX, and he doesn’t think 2023 will offer the improvement over 2022 that so many analysts are either predicting or hoping for. Brian Armstrong Doesn’t Think 2023 Will Offer Much Improvement FTX will likely go down as one of the biggest blunders of the crypto world. Once considered one of the...

Bitcoin’s price has gained significant bullish momentum and recovered from the drop caused by the FTX fallout. Yet, it has reached a robust resistance, and if the bulls push the price above it, a mid-term uptrend will become possible. Technical Analysis By Shayan The Daily Chart Bitcoin’s price continued its rally after overtaking the 50 and 100-day moving averages. It has also surpassed the wedge’s upper trendline reaching a decisive resistance level with considerable...

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Stellar lumen price started a fresh increase above the $0.080 resistance zone against the US Dollar. XLM price is now trading above $0.080 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.086 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.0860 and $0.0850 support levels. Stellar lumen price is trading above $0.0850 against the US Dollar, similar to bitcoin....

Ripple price is moving higher above the $0.38 level against the US dollar. The price is now trading above $0.380 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bullish momentum if it clears the $0.4080 resistance zone in the near term. Ripple price is rising steadily above $0.380 against the US Dollar, unlike bitcoin....

Regulators in Hong Kong will soon decide which crypto tokens its citizens can invest in amid a raft of new digital asset policies coming this year. The move is the latest crypto regulatory step taken by Hong Kong in a market that has a long association with significant digital asset trading volume. Hong Kong to Issue Consultation Paper Hong Kong’s Securities and Futures Commission (SFC) is preparing a list of crypto assets open to retail traders, Reuters reported on...