Markets

Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $188 resistance to start a decent recovery wave in the near term. Litecoin price is down over 15% from the $232 zone against the US Dollar,...

The third-largest bitcoin wallet has been busy buying the dip. During the current market downturn, the whale entity added almost 500 BTC to its stash. The mysterious third-largest Bitcoin whale bought 490 BTC when it was exchanging hands at around $46,800 in a transaction with a face value of $23 million. WhaleAlert reported that it took place on September 8 at 00:05 GMT, and the coins were moved from the US-based crypto exchange Coinbase. As of press time, that whale still...

ETH/USD – Ether Falls Beneath 20-day MA Key Support Levels: $3350, $3185, $3000.Key Resistance Levels: $3600, $3790, $3875. Ethereum suffered a very sharp price crash over the past 24 hours. Yesterday, the coin lost as much as 23% from a high of $3946 to reach as low as $3025. However, the market recovered slightly by the end of the day to close at the 20-day MA. Today, ETH slipped a little, which put the price beneath the 20-day MA. Yesterday’s price drop was quite extreme,...

XRP/USD – XRP Spikes As Low As $0.928 Key Support Levels: $1.05, $1.00, $0.92 – $0.9.Key Resistance Levels: $1.20, $1.25, $1.36. XRP was trading inside an ascending price channel since breaking the symmetrical triangle pattern at the end of July. The price channel allowed XRP to break the August high at $1.36 this week and reach $1.40. Unfortunately, the steep market sell-off yesterday caused XRP to fall beneath the ascending price channel. XRP collapsed by a total of 33%...

[PRESS RELEASE – Please Read Disclaimer] The team behind Cardence is happy to announce that it’s integrating Chainlink Price Feeds and Chainlink Verifiable Random Function (VRF) in an attempt to bring enhanced functionality to its multichain decentralized presale platform and launchpad. The reliable and highly secure market data provided by Chainlink’s Price Feeds will enable Cardence to participate in presales using different cryptocurrencies. At the same time, the auditable...

$4 billion in liquidations wiped out the derivatives market, sending BTC lower by 19% at the intraday lows yesterday. Crypto Twitter went into panic, as exchanges were unresponsive, investors struggled to fill orders, and fears of a bear market began to spread. Days like yesterday make it easy to panic sell without thinking about what was actually happening. Although the charts looked horrible, on-chain data was flashing completely different signals, showing that long-term...

Crypto markets are prospering today, especially the altcoins. Currently, the popular altcoin ADA, Cardano’s native coin, continuously registered its all-time highs since August 19th, surpassing the previous record of $2.47 on May 16th. As of May 2021, Cardano is the fifth-biggest cryptocurrency by market capitalization. Three months passed by, it became the third-largest one, behind Bitcoin and Ether. At the time of writing, the latest ATH was $3.10. What Is Cardano?...

Tron price is down over 15% and it broke the $0.0920 support against the US Dollar. TRX price is now trading below $0.0900 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0920 on the 4-hours chart (data feed via Bitfinex). The pair must clear the $0.0900 and $0.0920 resistance levels to move into a positive zone. TRON price is declined heavily from well above $0.1000 against the US Dollar, similar to...

Bitcoin price failed to stay above $52,000 and declined heavily against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $51,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $46,500 support level to recover higher in the near term. Bitcoin price is showing bearish signs below $48,000 against the US...

[Press Release – Panama City, Panama, 7th September, 2021] deBridge, a cross-chain interoperability and liquidity transfer protocol, is delighted to announce the closing of a $5.5 million funding round to bring the new era of cross-chain interoperability. deBridge is thankful to have the support and backing from great partners including lead strategic partner ParaFi. The round also saw participation from Animoca Brands, Huobi Ventures, Lemniscap, Crypto.com Capital, MGNR,...