Litecoin price found support near $170 and started a fresh increase against the US Dollar. LTC price is now trading above $200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $190 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $232 unless it fails to stay above the $190 level. Litecoin price is climbing higher above $200 against the US Dollar, similar to...
Read More »Tron (TRX) Price Analysis: Bulls Could Gain Strength Above $0.102
Tron price is forming a base above the $0.0980 zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0985 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1020 resistance. TRON price remained well bid above $0.0950 against the US Dollar, similar to bitcoin. TRX price is rising,...
Read More »Bitcoin Price Analysis: BTC Eyes Upside Break above $65K
Bitcoin price started a fresh increase above the $60,000 resistance against the US Dollar. The price is now trading above $62,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $62,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $65,000 level. Bitcoin price is gaining pace above $60,000 against the US Dollar. BTC...
Read More »Cardano (ADA) Price Analysis: Bulls Facing Uphill Task
ADA price is struggling to clear the $2.18 and $2.20 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.21 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.05. Cardano price is struggling below the $2.20 resistance against the US Dollar, unlike bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH Remains In Uptrend Above $3,700
Ethereum price started a fresh increase above $3,500 against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,800 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $3,800 resistance zone. Ethereum price is showing positive signs above $3,500 against the US Dollar. ETH/USD could gain pace above the $3,800 and...
Read More »Coinbase Is Building a Whole New Platform Devoted to NFTs
Coinbase – one of the biggest and most popular cryptocurrency trading platforms in the world – has announced it is developing an entire marketplace devoted to non-fungible tokens (NFTs). Coinbase Is Growing Through Its New NFT Market The non-fungible token world is growing every day. With so many sports-related events and even artwork now being tied to NFTs, individuals have found a way to ensure all their memories and important moments are recorded permanently to the...
Read More »Stellar Lumen (XLM) Price Remains In Uptrend Above $0.40
Stellar lumen price started a steady increase above $0.3200 against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear break above the $0.4000 resistance zone. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price...
Read More »Eric Rosengren: A Digital Dollar Could Be Great for the U.S.
Eric Rosengren – the former president of the Federal Reserve Bank of Boston – stated in an interview that he is quite fond of the idea of a digital dollar. He thinks the United States would benefit greatly from using such a tool, and he’s convinced it will not get in the way of bitcoin’s path towards greatness. Eric Rosengren Thinks a Digital Dollar Could Work for the Country If only China could have such an attitude. One of the big reasons, analysts speculate, why China...
Read More »Bitcoin Cash Analysis: Bulls Eye Break Above $650
Bitcoin cash price started a major increase above the $550 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $602 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $635 and $650. Bitcoin cash price is showing positive signs above $600 against the US...
Read More »EOS Price Analysis: Key Hurdle Forms Near $5
EOS price started a decent increase above the $4.50 zone against the US Dollar. The price is now trading below $4.80 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $4.80 and $5.00 resistance levels. EOS price is showing positive signs above $4.40 against the US Dollar,...
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