Ethereum price started a fresh increase from the $2,500 support zone against the US Dollar. ETH price is now trading above $2,800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2,900 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,900 support. Ethereum price is consolidating below $3,000 against the US Dollar. ETH/USD eyes more upsides if there is...
Read More »Ripple Price Analysis: Dips Remain Supported Near $0.8
Ripple price started a fresh increase above the $0.80 resistance zone against the US dollar. The price is now trading above $0.80 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.8050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase unless there is a clear move below the $0.8000 support zone. Ripple price is trading in a bullish zone above $0.8000 against...
Read More »Bitcoin Cash Analysis: Chances of Fresh Increase above $300
Bitcoin cash price started a fresh decline from the $320 resistance against the US Dollar. The price is now trading near the $300 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $290 support in the near term. Bitcoin cash price is struggling below $320 against the US...
Read More »Race Car Driven by Ayrton Senna Sells for $5 Million in Crypto
Cryptocurrency has permitted the historic purchase of a legendary race car. A McLaren 1989 MP4/5 F1 car that was once driven by legendary race car figure Ayrton Senna was purchased for roughly $5 million through a company called Himalaya Pay. The platform oversaw the transaction, which was done through a stable coin listed on the Himalaya Exchange known as the Himalaya Dollar (HDO). Ayrton Senna Sees His Legacy Grow with Crypto Senna is one of the most well-known and...
Read More »Solana (SOL) Price Analysis: Bulls Face Uphill Task
Solana price started a fresh decline from the $90.00 zone against the US Dollar. The price is now trading below $85.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $83.85 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $84.00 and then $85.00 to start a fresh increase in the near term. Solano price is struggling to settle above the $85.00 resistance against the US...
Read More »Cardano (ADA) Price Analysis: Key Breakout With Hurdle Near $0.82
ADA price declined below $0.85 and $0.82 against the US Dollar. The price is now trading below $0.82 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.800 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.833. Cardano price is struggling below $0.85 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...
Read More »Ethereum Price Analysis: ETH Reaches Crucial Juncture
Ethereum price started a fresh decline from well above $2,700 against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,565 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to clear the $2,600 resistance zone. Ethereum price is struggling below $2,600 against the US Dollar. ETH/USD remains at a risk of more...
Read More »Sibling Pair Charged with Illegal Sales of Ormeus Coin
Early last week, authorities in the United States filed criminal and civil charges against a crypto executive and his sister for allegedly defrauding investors out of millions of dollars with the help of a little token called Ormeus Coin. Ormeus Coin – A Tool for Evil? John Barksdale and his sibling JonAtina are accused of lying about the profitability and value of Ormeus Coin and its mining assets. Allegedly, the asset was backed by more than $250 million through a...
Read More »Stellar Lumen (XLM) Price Near Make-or-Break Levels
Stellar lumen price started a fresh decline from well above the $0.1900 zone against the US Dollar. XLM price is now trading near $0.1800 and the 55 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $0.1850 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1750. Stellar lumen price is trading in a bearish zone below $0.1900 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Eye Fresh Increase above $0.80
Ripple price is struggling to clear the $0.80 resistance zone against the US dollar. The price is now trading above $0.72 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase unless there is a clear move below the $0.7080 support zone. Ripple price is trading in a bullish zone above $0.7080 against the US...
Read More »