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Tag Archives: News

Cardano (ADA) Price Analysis: Key Resistance And Downtrend Intact

ADA price is trading in a bearish zone below the $0.30 support zone against the US Dollar. The price is now trading above $0.26 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.285 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.2850 resistance zone. Cardano price is struggling below $0.285 against the US Dollar, similar to bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Could Attempt Fresh Increase Above $1,240

Ethereum price is slowly moving higher above the $1,200 level against the US Dollar. ETH price is now trading above $1,200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,210 on the 4-hours chart (data feed from Coinbase). The pair could start a decent increase if it clears the $1,240 resistance zone. Ethereum price is struggling below $1,240 against the US Dollar. ETH/USD could start another decline if it...

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John Ray III: FTX Is the Most Mismanaged Company I’ve Ever Seen

John Ray III is an attorney that’s been in the news a lot, lately. He’s the man who cleaned up the Enron mess close to 20 years ago, and now he’s been called in to fix the problems surrounding failed digital currency exchange FTX. John Ray III Has Been Called in to Fix FTX As the new CEO of the now bankrupt digital currency firm, Ray commented that he has never seen such a poorly governed company in all his life, nor has ever witnessed such mismanagement of funds. He...

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