ADA price is back in a bearish zone below the key $0.0400 support area against the US Dollar.The price is likely to extend its decline towards the $0.0375 or $0.0360 support.There was a break below a major bullish trend line with support near $0.0408 on the 4-hours chart (data feed via Kraken).The price could correct a few points, but the previous support near $0.0408 might prevent gains.Cardano price is currently declining against the US Dollar and bitcoin. ADA price remains at a risk of...
Read More »Libra Presses On in Spite of Association Losses
Oh, Libra… Has it occurred to you yet that perhaps venturing into the crypto space wasn’t the greatest idea? And that maybe creating an entirely new cryptocurrency as a means of garnering Facebook’s trust back wasn’t the best response to the Cambridge Analytica scandal?Libra Pushes Through the MudDespite several companies exiting the Libra Association, despite several delays, regulatory problems and anger from the U.S. Congress and international governing bodies, Libra has taken the time to...
Read More »Tron (TRX) Price Analysis: Uptrend Gaining Pace Above $0.0160
Tron price is gaining bullish momentum above the $0.0160 resistance against the US Dollar.TRX price is likely to surpass the $0.0172 and $0.0175 resistance levels in the near term.There is a significant bullish trend line forming with support near $0.0161 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it remains well supported near the $0.0155 level.TRON price is trading in a steady uptrend against the US Dollar and bitcoin. TRX price is likely to...
Read More »Ethereum Price Analysis: ETH Primed For More Gains Above $195
Ethereum price started a steady rise above the $180 resistance area against the US Dollar.ETH price is showing positive signs and it could continue to rise above $195 and $200.There is a crucial bullish trend line forming with support near $182 on the 4-hours chart (data feed from Coinbase).The price is likely to climb sharply once it clears the $188 and $195 resistance levels in the near term.Ethereum price is trading in a bullish zone above $180 against the US Dollar. ETH price seems to be...
Read More »FXCM Begins Offering Crypto Baskets to Retail Customers
FXCM, a provider of online foreign exchange, is providing customers with a new form of “basket trading” comprised of some of the top 20 cryptocurrencies.FXCM Brings Its Crypto Offerings to New HeightsThe cryptocurrency baskets, which are available for the firm’s retail customers, are comprised of bitcoin (BTC), Ethereum (ETH), bitcoin cash (BCH), Litecoin (LTC) and Ripple (XRP). It’s intriguing to see companies still working towards retail participation in the crypto space given how many have...
Read More »Lazarus Is Back: Researchers Uncover New Hacking Case
Is it possible that North Korea is back in the cryptocurrency hacking space? According to one source, that’s exactly the case. Researchers say they’ve uncovered a new attack from Lazarus, based in the nuclear-powered country.Lazarus Is Back in Our MidstNorth Korea has been involved in several crypto hacking cases over the past few years and is allegedly using stolen digital funds to power its nuclear program. The nation has allegedly performed attacks on its neighbor to the south, the United...
Read More »Alipay: Customers Cannot Use Us for Crypto Payments
As China continues its long fight against bitcoin and cryptocurrencies, a new step has been taken. Alipay, owned by Alibaba, has announced on Twitter that it will be discontinuing all BTC and crypto payments from here on out.Alipay: No Crypto Use, PleaseThere has been serious confusion as of late given that Binance, the largest and most popular cryptocurrency exchange by market cap, has allegedly joined hands with Alipay. When a Twitter user asked if Binance was allowing fiat-to-crypto...
Read More »Stellar Lumen (XLM) Price Primed For More Upsides Above $0.0650
Stellar lumen price is trading in a positive zone above the $0.0600 resistance against the US Dollar.XLM price is showing positive signs and is testing the key $0.0640 and $0.0650 resistances.There is a crucial bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair is likely to rise sharply above the $0.0640 and $0.0650 resistance levels in the near term.Stellar lumen price is gaining bullish momentum against the US Dollar and bitcoin. XLM...
Read More »Ripple’s XRP Outruns Bitcoin to Spike 6% Amid ‘Swell Event’ Hype
XRP was performing better Bitcoin and the rest of the top rivals on Monday as investors/speculators anticipated bullish outcomes from an upcoming Ripple event. XRP price leads the cryptocurrency market’s gains on Monday | Source: TradingView.com, CoinbaseThe third-largest cryptocurrency by market capitalization established an intraday high of $0.2936 as of 0616 GMT. The move uphill brought its daily gains up by 5.73 percent, as calculated from the opening price. At the same time, XRP stole...
Read More »Ripple Price Analysis: XRP Signaling Bullish Continuation To $0.3200
Ripple price started a fresh increase above the key $0.2660 resistance against the US dollar.The price is currently showing a lot of positive signs above the $0.2800 resistance area.There was a break above a major contracting triangle with resistance near $0.2580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to climb further higher towards the $0.3000 and $0.3200 resistances.Ripple price is gaining bullish momentum above $0.2800 against the US Dollar....
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