The Litecoin price sits between two trend lines, one bullish and one bearish. When the price breaks, there could be fireworks. But in which direction? Litecoin is lower by $6.68 (-4.13%) at $156.13. LTC should be highly correlated to Bitcoin. Litecoin was based on the Bitcoin protocol and therefore shares […]
The Stellar Lumens price is down 30% so far in June and now approaching a major area of support. Can XLM hold here, or is more pain ahead for bulls? Stellar is last trading at $3.0600, lower by $0.01262 (-3.90%). XLM started the month firmly in the recovery camp. Stellar […]
Bitcoin is trading higher as investors digest the US inflation data released on Thursday. According to the US Department of Labor, consumer prices rose to a 13-year high at 5.0% in May on a year-on-year basis. The figure is higher than the forecasted 4.7% and the prior month’s 4.2%. At […]
The EOS price is desperately trying to break out of its recent downtrend. Before bulls can dream of $6.00, EOS has to deal with a more pressing matter. EOS is last trading at $5.0855 unchanged from yesterday’s close. The EOS price never really recovered from the carnage in May. The […]
The Monero price is still locked in its recent range after yesterday’s bearish reversal. Does the reluctance to rally, suggest the next leg is lower? Monero is last trading at $252.39 (-0.96%). The privacy-focused coin had been enjoying a pretty good run. Towards the end of last month, XLM had […]
Following two days of gains, the Microstrategy stock price has stalled. After a $500 million debt offering, MSTR is even more reliant on Bitcoin. Microstrategy closed at $508.65, down $4.34 (-0.85%). Say what you like about Microstrategy (NSDQ: MSTR) CEO Michael Saylor. One thing you cant say is he lacks […]
The ECB meeting failed to bring the much-awaited volatility in the euro pairs. The EUR/USD seen here traded in a very tight range for over a month now – about a hundred pips or so. Every attempt at the downside was met with heavy buying, and that is exactly what […]
The Crypto.com coin price has been relatively boring recently. CRO is trading at $0.1193, which is where it has been in the past few trading sessions. The coin has a market capitalisation of more than $3 billion and is the 38th biggest cryptocurrency project in the world. What happened: The […]
Tesla share price looks ripe for a breakout as the market forms a contracting triangle that may break either way. If the triangle acts as a continuation pattern, the move to follow should lead to more weakness. On the contrary, if it acts as a reversal pattern, bulls are in […]
The Chiliz price has diverged from the rest of the cryptocurrency universe. CHZ is trading at $0.2885, which is about 40% above its lowest level this week. This jump has pushed its total market capitalization to more than $1.58 billion, making it the 59th biggest coin in the world. It […]