Litecoin price is recovering and it is now well above the $185 level against the US Dollar. LTC price is now testing the $205 resistance and it is well above the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $208 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to clear the $210 resistance and start a strong increase in the near term. Litecoin price is consolidating above $185 and...
Read More »Crypto Helps Jack Dorsey Sell “Twitter’s History”
Jack Dorsey – the CEO of both Square and Tesla – is setting up an auction in which people can purchase the very first tweet ever issued via the social media giant. What’s the catch? The tweet is being offered as a non-fungible token (NFT), which is a form of cryptocurrency. Jack Dorsey Is Selling a Piece of Twitter History with Crypto in the Mix Dorsey has long been a bitcoin and cryptocurrency advocate. In recent weeks, he has set up a new fund with Rapper Jay-Z and...
Read More »Tron (TRX) Price Analysis: Upside Break Above $0.055 Likely
Tron price is slowly moving higher towards the $0.0550 resistance against the US Dollar. TRX price is now trading above the $0.0500 support and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.0485 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0535 and $0.0550 resistance levels in the near term. TRON price is showing positive signs above $0.0500 against the US...
Read More »Cardano (ADA) Price Analysis: High Chances of a Fresh Increase
ADA price corrected lower and found support near the $1.040 level against the US Dollar. The price is now consolidating above $1.100 support, but it is below the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.1350 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.200 unless there is a close below $1.050. Cardano price is showing positive signs above $1.050...
Read More »Ethereum Price Analysis: ETH Restarts Rally above $1,700
Ethereum price found support near $1,280 and started a fresh increase against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break a major bearish trend line with resistance near $1,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $1,920 and $2,000 resistance levels in the near term. Ethereum price is gaining pace from $1,300 against the US...
Read More »Stellar Lumen (XLM) Price Signaling Fresh Rally Towards $0.47
Stellar lumen price is likely forming a base above the $0.3800 support zone against the US Dollar. XLM price is now consolidating near $0.4100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4120 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase as long as it is above the $0.3800 support zone. Stellar lumen price is showing a few positive signs above $0.3800 against...
Read More »Ripple Price Analysis: Bulls Aim Fresh Rally Above $0.50
Ripple price is slowly moving higher towards the $0.4800 and $0.5000 resistance levels against the US dollar. The price is now stable above the $0.4450 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to continue higher once it clears the $0.4800 and $0.5000 resistance levels. Ripple price is showing a few...
Read More »Mike Novogratz: Mark Cuban Shouldn’t Accept Doge
In recent news, it was announced that Mark Cuban – the billionaire owner of the Dallas Mavericks basketball team – will allow Dogecoin to be utilized for purchasing tickets and merchandise related to the team. Many analysts and industry experts see this as a positive move, but Mike Novogratz – a billionaire investor and former hedge fund manager – is less than pleased about the idea. Mike Novogratz Is Against Dogecoin Cuban has never really taken bitcoin or crypto...
Read More »Bitcoin Cash Analysis: Risk of More Downsides Below $450
Bitcoin cash price is struggling to clear the $550 resistance zone against the US Dollar. The price is now trading below $500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $525 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards the $450 and $415 support levels. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar...
Read More »EOS Price Analysis: Signs of Fresh Increase To $4.80 Emerges
EOS is likely forming a support base above the $3.150 zone against the US Dollar. The price is currently trading above the $3.750 support and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $3.820 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase above the $4.000 and $4.200 resistance levels. EOS price is consolidating above $3.750 against the...
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