CoinspeakerCoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow. CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further
Read More »Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024
CoinspeakerBitcoin Layer 2 Coins Rally after BTC Halving Event 2024 Since the halving event, Stacks (STX) token surged by 20%, Elastos' ELA token has surged by 11%, while SatoshiVM's SAVM has seen a 5% increase in value. Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024
Read More »Stellar Lumen (XLM) Price Could Gain Momentum If It Clears $0.12
Stellar lumen price is attempting a fresh increase from the $0.1020 zone against the US Dollar. XLM price is now trading above $0.1100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1140 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.120 resistance zone. Stellar lumen price is trading in a positive zone above $0.1100 against the...
Read More »XRP Price Analysis: Bullish Signs Emerge Above $0.48
XRP price is attempting a fresh increase from the $0.40 support against the US dollar. The price is now trading above $0.480 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.5450 resistance. XRP price is consolidating above $0.50 against the US Dollar, like Bitcoin. It must...
Read More »Bitcoin Cash Analysis: Bears Gain Strength Below $550
Bitcoin cash price started a fresh decline from the $570 zone against the US Dollar. The price is now trading below the $550 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $505 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 $525 resistance zone. Bitcoin cash price is struggling below the $550 zone against the US Dollar,...
Read More »EOS Price Analysis: Uptrend At Risk Below $0.85
EOS price started a fresh decline after it failed to clear $1.150 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a declining channel forming with resistance at $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.775 and $0.80 resistance levels. EOS price is struggling below $1.00 against the US Dollar, unlike Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bears Take Control Below $90
Litecoin started a fresh decline from the $105 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $87.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $70.00 support zone. Litecoin price is struggling below $90.00 against the US Dollar, like...
Read More »Solana (SOL) Price Analysis: Price Dips 50%, Can It Recover?
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...
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