Markets

Ethereum price started a fresh increase above $4,200 against the US Dollar. ETH price is now trading above $4,200 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $4,350 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,350 resistance zone. Ethereum price is showing positive signs above $4,200 against the US Dollar. ETH/USD could gain pace above the $4,350...

The crypto industry has grown exponentially over the past couple of years, attracting many newcomers who’re looking to either invest or interact with thousands of different cryptocurrencies. One of the most recognizable resources that provide comprehensive and easy-to-track data about the market is CoinGecko. With estimated monthly traffic of $113 million, it’s one of the biggest websites in the industry and an important entry point for anyone interested in following what’s...

Key Support level: $3,969 Key Resistance level: $4,460 The bulls are attempting another break above the all-time high after the shakeout from 27th October which saw the market take a downturn. After the short-lived correction last week, ETH recovered quickly and has maintained a price above the $3,969 support level. This is a show of strength from the bulls and the bears need to return in force if they stand any chance of reversing this momentum. Chart by TradingViewETH Price...

Bitcoin’s price could add 60% of value in the next 30 days to close just shy of $100,000, predicted the analyst behind the popular stock-to-flow model, PlanB. He was spot on in regards to the September BTC close price and was agonizingly close in October. Bitcoin to Near $100K By November’s End? PlanB is among the most popular analysts in the cryptocurrency community, best known as the person behind the stock-to-flow model. It sees the stock as the size of existing reserves...

Stellar lumen price started a steady increase above $0.3500 against the US Dollar. XLM price is now trading just below $0.3650 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.3650 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3500 support zone in the near term. Stellar lumen price is trading just above $0.3500 against the US Dollar, similar to...

Ripple price started a fresh decline from the $1.15 resistance against the US dollar. The price is now trading below $1.08 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $1.05. Ripple price is showing bearish signs below $1.10 against the US Dollar, unlike bitcoin. XRP...

A bitcoin correction has occurred. Just under two weeks ago, the world’s number one digital currency by market cap was trading for a whopping $66,000 per unit – the highest it’s ever been in its 12-year history. However, at press time, the currency has lost about $7,000, but this doesn’t necessarily constitute a crash in some analysts’ eyes. Bitcoin Has Fallen… But Should We Worry? We have all seen this before. Bitcoin goes up, bitcoin goes down. It’s a constant cycle in...

A new report by the San Francisco-based cryptocurrency exchange Coinbase revealed that its venture arm (Coinbase Ventures) had completed a total of 49 investments in the Q3 of 2021, averaging a new deal almost every two days. The figures have increased by 28 investments made in the previous quarter and 24 in the first quarter of the year. The Ventures portfolio size, as of Q3, featured more than 200+ organizations and projects. Coinbase Ventures’ Growth Trajectory It is...

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After another failure at $63,000, bitcoin has headed south and is close to testing $60,000 once more. Most alternative coins have also bled out in the past 24 hours, including a substantial drop for Dogecoin and Shiba Inu. Will BTC Retest $60K? The primary cryptocurrency went through a roller-coaster on Thursday when it plummeted from $61,500 to $56,500 in minutes. This came after recovering from the latest sub-$60,000 price slump. However, the asset bounced off just as...