Litecoin price is trading in a bullish zone above the $45.00 level against the US Dollar.LTC price is likely to accelerate further higher if it clears the $46.40 and $48.00 resistance levels.There is a short term bearish trend line forming with resistance near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could even surpass the $50.00 level as long as it is above the $44.00 support.Litecoin price is trading in a strong bullish trend against the US Dollar,...
Read More »Cardano (ADA) Price Analysis: Next Bullish Target Could Be $0.04
ADA price is currently gaining momentum and it is trading above the $0.0350 resistance against the US Dollar.A clear break above the $0.0370 resistance is needed for more gains.There is a key bullish trend line forming with support near $0.0340 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0400 resistance as long as it is above $0.0320.Cardano price is trading in a solid uptrend above $0.0320 against the US Dollar, similar to bitcoin. ADA...
Read More »Bitcoin Surges as Number of COVID-19 Cases Abroad Drop
Bitcoin has once again shot past the $7,000 mark. At the time of writing, the world’s top cryptocurrency by market cap has surged more than $300 and is now trading for approximately $7,150. Just yesterday, the asset was selling for about $6,800.Bitcoin Is Once Again On TopBitcoin has been through the mill these last few weeks, dropping from about $10,350 in mid-February to roughly $3,800 in March. The currency has clearly recovered somewhat since then, but there’s still about $3,000 to go if...
Read More »Tron (TRX) Price Analysis: Bulls Are Comfortable Above $0.012
Tron price is up more than 8% and it broke the $0.0120 and $0.0132 resistance levels against the US Dollar.TRX price traded to a new monthly high at $0.0140 and it is currently correcting gains.There is a major bullish trend line forming with support near $0.0128 on the 4-hours chart (data feed via Bitfinex).The price could correct in the short term, but it is likely to find support near the $0.0125 area.TRON price is back in a positive zone above $0.0120 against the US Dollar, similar to...
Read More »Ethereum Price Analysis: ETH Rally Could Extend To $188
Ethereum price rallied recently above the $150 and $160 levels against the US Dollar.ETH price even surged above the $165 resistance and tested the $176 region.Earlier, there was a break above a key contracting triangle with resistance near $142 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but dips remain well supported near $164 or $158.Ethereum price is now trading in a strong uptrend above $158 against the US Dollar. ETH/USD is likely to extend its...
Read More »ETH-Based Keep Network Closes Its Latest Funding Round
The Keep Network – which looks to bring a new level of privacy to bitcoin through Ethereum – has closed a funding round that garnered close to $8 million from investors like Paradigm, Collaborative Fund and Para FI Capital.The Keep Network Has a Lot of Money to Its NameThe Keep Network is a regular contributor to what’s known as t-BTC, which seeks to ensure Ethereum-based assets are available on the bitcoin blockchain.Paradigm founder Fred Ehrsam – who also co-founded Coinbase, one of the...
Read More »Stellar Lumen (XLM) Price Surging Towards $0.050
Stellar lumen price is currently rising and trading nicely above the $0.0432 resistance against the US Dollar.XLM price is likely to continue higher above the $0.0450 and $0.0475 resistance levels.There is a key bullish trend line forming with support near $0.0418 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0550 if it clears the main $0.0500 resistance area.Stellar lumen price is gaining bullish momentum above $0.0420 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: Bulls Eyeing Crucial Upside Break
Ripple price is currently trading nicely above the $0.1680 support area against the US dollar.The price is facing a major resistance near the $0.1875 level.There is a crucial bullish trend line forming with support near $0.1772 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong upward move if it breaks the $0.1875 resistance area.Ripple price is showing a few bullish signs above $0.1680 against the US Dollar. XRP price is likely to continue...
Read More »Monero Is Easily Today’s Biggest Price Gainer
At the time of writing, the privacy-focused cryptocurrency Monero is allegedly outperforming bitcoin, the world’s number one cryptocurrency by market cap.Monero Is Up, Up and Away!Monero is only the world’s 12th largest digital asset, though it is easily today’s biggest gainer, having surged by more than seven percent in just the last 24 hours alone. It is currently trading for just shy of $54, according to Messari.io.Monero is a very controversial coin in that it offers people far more...
Read More »Bitcoin Cash Analysis: Bulls Aim Convincing Break Above $250
Bitcoin cash price rallied recently and tested the $250 resistance zone against the US Dollar.The price is currently correcting gains and trading above the $230 support area.There was a break above a major bearish trend line with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to make another attempt to climb above the key $250 resistance area.Bitcoin cash price is showing a lot of positive signs above $230 against the US Dollar....
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