Litecoin started a major decline from the $130 resistance against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $124 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a move below the $110 level. Litecoin price is gaining bearish pace below $120 against the US Dollar, similar to bitcoin. LTC price...
Read More »Solana (SOL) Price Analysis: Key Support Sits At $120
Solana price started a fresh increase above the $110.00 level against the US Dollar. The price is now trading above $110.00 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $123 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $132 to continue higher in the near term. Solano price is losing pace above $120 against the US Dollar, similar to bitcoin. SOL could extend decline...
Read More »Facebook Isn’t Quite Ready to Give Up On Crypto
Facebook – following its failed run with Libra – appears to be looking to get back into the crypto game. The social media giant – which recently rebranded itself as “Meta” – has filed eight trademark applications for new features like crypto wallets, exchanges, and tokens relating to its famed “f” logo. Facebook and Crypto… Could It Actually Work? It appears six of the eight trademarks have to do with blockchain and crypto products or companies the company is investing...
Read More »Los Angeles Man Offers Crypto Reward to Help Find His Attackers
A wealthy Los Angeles resident is hoping a cryptocurrency reward he’s offering will help lead to the arrest of two suspects that attacked him outside his apartment building while exiting his Lamborghini. A Los Angeles Man Is Using Crypto to Bring Justice to Criminals The victim – who remains anonymous at the time of writing – says he attributes his success in life to his work with a digital currency called Pablo Token. Right now, he serves as something of a financial...
Read More »Cardano (ADA) Price Analysis: Bulls In Control Above $1.1
ADA price started a strong increase above the $1.1 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $1.158. Cardano price is climbing above $1.15 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...
Read More »Ethereum Price Analysis: ETH Could Rally To $4K
Ethereum price started a fresh increase from the $3,200 support zone against the US Dollar. ETH price is now trading above $3,400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,420 on the 4-hours chart (data feed from Coinbase). The pair could continue to move up if it clears the $3,550 resistance zone. Ethereum price is gaining pace above $3,400 against the US Dollar. ETH/USD eyes more upsides if there is no...
Read More »Crypto Gaming Network Axie Hacked; More Than $600 Million Gone
Hackers have stolen roughly $625 million in crypto funds from popular online video game platform Axie Infinity. To date, it is one of the largest crypto thefts to ever occur within the space, and certainly the largest attack to ever occur on a video game venture. Axie Is the Victim of a Major Hack Cryptocurrency has no doubt come a long way since it was first conceptualized 13 years ago. Bitcoin, the world’s biggest cryptocurrency by market cap and the grandfather of all...
Read More »Stellar Lumen (XLM) Price Aims More Upsides Above $0.24
Stellar lumen price started a fresh increase from the $0.2000 support zone against the US Dollar. XLM price is now trading above $0.2200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2300 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear move above the $0.2400 resistance. Stellar lumen price is trading in a bullish zone above $0.2250 against the US Dollar, similar...
Read More »Ripple Price Analysis: Key Hurdle Sits At $0.85
Ripple price started a fresh increase from the $0.7800 zone against the US dollar. The price is now trading below $0.85 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.8450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase if it manages to clear the $0.8500 resistance zone. Ripple price is struggling to surpass $0.8500 against the US Dollar, similar to...
Read More »Lionel Messi Will Get a Lot of Money to Promote Crypto Firm Socios.com
Lionel Messi – one of the world’s biggest and most popular soccer players – has signed a $20 million deal to promote the crypto company Socios.com, which establishes fan tokens for sports lovers. Lionel Messi Is Joining Hands with Socios.com Messi is now joining a long list of famous and renowned athletes – including LeBron James of the Los Angeles Lakers basketball team and Tom Brady of the NFL’s New England Patriots – to take part in some sort of crypto promotion that...
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