After a week of trending upwards, Litecoin could finally be poised to rally above the $160 target. The coin traded at or above that number for nearly half the year. From the beginning of February until the middle of June, LTC was on a bull run until the entire market’s fall last month. But, traders…
Key Highlights Ethereum classic price is under pressure below the $11.20 and $11.40 resistances against the US dollar. There is a declining channel in place with resistance at $11.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair remains at a risk of more declines as long as it is…
Margin trading has arguably been one of the most popular features of the crypto markets that has drawn in floods of traders over the past few years. These traders are lured by the ability to trade the already volatile assets like Bitcoin with leverage as high as 125x on some platforms.Analysts have noted that the…
As PEPE prices recover after a 76% slump from May 2023 peaks, a trader holding over $10 million worth of Pepe Coin (PEPE) and Milady Meme Coin (LADYS) meme tokens can, reportedly, not sell as both projects have blacklisted his addresses. Striking Gold On PEPE And LADYS Data from Scope Protocol, an analytics platform, shows…
Markets are sleeping again this weekend; only Veritaseum and Ravencoin going anywhere. Sunday has seen a small upward shift in crypto markets as predicted in yesterday’s market update. With a series of small higher lows over the past 24 hours market capitalization has crept back over $210 billion. Bitcoin has climbed back over $6,500 again…
Key Highlights Ripple price made a sharp upside move and traded above the $0.3000 resistance against the US dollar. There is a short term contracting triangle forming with resistance at $0.3260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to make the next move above the $0.3250…
PayPal share prices are plunging and currently down 80% from 2021 peaks; the largest draw down ever, market data on May 12 shows. PYPL closed the week at $61.69, down 3% from Thursday, March 11. PayPal Shares Crumbling Analysts observe that the decline in PayPal’s stock price has also resulted in a notable shift in…
PancakeSwap (CAKE), just like any other cryptocurrency, has had its share of ups and downs. PancakeSwap registers over 53% increase in 24-hour trading volume PancakeSwap among trending BNB projects today CAKE’s next resistance level could be at $5 Just two months after it was launched on September 2020, the token hit its all-time low to…
Key Highlights ETH price recovered nicely and moved above the $210 level against the US Dollar. There is a key bearish trend line in place with resistance at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $216 and $220 resistance levels to move further higher in the…