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Tag Archives: News

Stellar Lumen (XLM) Price Could Accelerate Lower Below This Support

Stellar lumen price is moving lower from the $0.1260 resistance zone against the US Dollar. XLM price is now trading below $0.1180 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1150 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1120 support zone in the near term. Stellar lumen price is trading below $0.1180 against the US Dollar, like Bitcoin. XLM...

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XRP Price Analysis: Bears Aim Key Downside Break At $0.50

XRP price started a fresh decline from the $0.600 resistance against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend forming with resistance near the $0.5385 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.520 support zone. XRP price is struggling below $0.585 against the US Dollar, unlike Bitcoin. The price could...

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Bitcoin Cash Analysis: Risk of More Losses Below $230

Bitcoin cash price started a fresh decline from the $300 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $255 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $255 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...

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EOS Price Analysis: Risk of Downside Break Below $0.75

EOS price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.7650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.752 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.780 and $0.800 resistance levels. EOS price is declining below $0.780 against the US Dollar, like...

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Litecoin (LTC) Price Analysis: Bulls Protect Key Support At $68

Litecoin started a downside correction from the $77.00 zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $67.20 support. Litecoin price is correcting gains from $77.00 against the US Dollar, like Bitcoin. LTC price...

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SOL Price Analysis: Solana Could Gain Momentum Above $105

Solana price started a fresh increase from the $88.00 zone against the US Dollar. The price is now trading above $95.00 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $104.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $104 and $105 to continue higher in the near term. Solana price is trading above $95 against the US Dollar, like Bitcoin. SOL could start a strong...

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Bitcoin Price Analysis: BTC At Risk of More Downsides Below $42K

Bitcoin price started a fresh decline below the $45,000 level against the US Dollar. The price is now trading below $44,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $44,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $41,500 and $40,000 levels. Bitcoin price is declining below $45,000 against the US Dollar. BTC might extend losses...

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Bybit: Bitcoin ETF Approval Marks Watershed Moment for Investors

Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market. Cryptocurrency exchange Bybit said on Tuesday that the recent approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States represents a “watershed moment” for retail investors. On January 10, 2024, the Securities and Exchange Commission (SEC) granted approval to 11 prominent financial companies, including Grayscale...

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MeWe and Amplica Labs Achieve Historic 500K User Migration to Web3

The 500,000 migrated MeWe users now have personal control over their identities, data, assets, and online experiences. MeWe, a social media platform, has partnered with Amplica Labs to move 500,000 active users to Web3 technologies. This transition uses Amplica’s Frequency blockchain, which gives users more control and independence over their social networking experiences through blockchain features. MeWe is an alternative to ad-driven networks that focus on people and communities. By...

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Manta Pacific Overtakes Base as 4th Largest Ethereum L2

In a move that solidifies Manta Pacific’s dominance in the industry, Binance recently introduced MANTA as its 44th project on the Launchpool.  In a recent development, Manta Pacific, the native layer 2 of Manta Network, has emerged as the fourth-largest scaling solution, surpassing Coinbase’s Base, according to data from L2Beat. Manta Pacific’s Rise to Prominence The Total Value Locked (TVL) on Manta Pacific currently stands at an impressive $850 million, leaving Base behind at $756...

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