Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...
Read More »Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?
Bitcoin price started a fresh decline below the $65,000 level against the US Dollar. The price is now trading below $65,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $64,550 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could face heavy resistance near the $64,500 zone in the near term. Bitcoin price is declining below $66,000 against the US Dollar. BTC might extend...
Read More »Cardano (ADA) Price Analysis: Bears In Action Below $0.52
ADA price is trading in a bearish zone below the $0.520 support zone against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.4940 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.520 resistance zone. Cardano price is struggling below $0.520 against the US Dollar, like Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Revisits Support As Bears Take Control
Ethereum price is struggling below the $3,400 resistance against the US Dollar. ETH price is now trading below $3,320 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $3,200 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $3,200 and $3,320. Ethereum price is declining below $3,400 against the US Dollar. ETH/USD remains at a risk of more downsides if it...
Read More »Stellar Lumen (XLM) Price Recovery Faces Many Hurdles At $0.1150
Stellar lumen price is attempting a recovery wave from the $0.0920 zone against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.1195 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is consolidating above $0.1020 against the US Dollar, like...
Read More »XRP Price Analysis: Bulls Aim Recovery To $0.58
XRP price is attempting a recovery wave from the $0.3850 zone against the US dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5150 resistance. XRP price is consolidating near $0.500 against the US Dollar, like Bitcoin. It must...
Read More »US Lawmakers Continue Their Push for Stablecoin Reform
CoinspeakerUS Lawmakers Continue Their Push for Stablecoin Reform Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law. US Lawmakers Continue Their Push for Stablecoin Reform
Read More »21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000?
Coinspeaker21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000? 21,000 Bitcoin options are set to expire having a notional value of $1.5 billion and a put call ratio of 0.62. The max pain point for the expiry currently stands at $69,000. 21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000?
Read More »Bitcoin Cash Analysis: Bulls Continue To Protect Key Support
Bitcoin cash is eyeing a fresh increase above the $650 resistance against the US Dollar. The price is now trading below the $640 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $655 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $650 and $655 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $600 against the US Dollar,...
Read More »Bitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80%
CoinspeakerBitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80% Bitget’s native token BGB dramatically soared reaching $1 in February, and had a huge increase in market cap to reach $ 1.5 billion. Bitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80%
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