During the last two months of 2021, the $500 mark was critical support for BNB coin bulls. However, entering 2022, the bear overpowered this coin and extended the correction rally below $500. Obtaining strong support from the $400 mark, the BNB price is rallying back to the $500 level, but this time as potential resistance.

The post Bullish Breakout From $500 Price Level Could Trigger Long Opportunity In Binance (BNB) Coin appeared first on CoinGape.

Cryptocurrency Market witnessed a rise in its value after constantly declining for the last couple of days. According to CoinMarketCap, the market on Saturday, January 15, 2022, was standing at $2.06 trillion. Over the course of the last 24 hours, the volume of traded coins was at $75.44 billion, showing an increase of 27.28 percent.

The post Cryptocurrency Market Witnesses A Rise After Facing A Downward Trend For Days appeared first on CoinGape.

Ethereum (ETH) rises above the $3,300 mark following the previous session’s gains. After testing the highs, the world’s largest altcoin retraced lower and trades with 0.60% losses. Although, the price has recorded gains of 3.16% over the last seven days. ETH shows bullish interest from the long-term support zone of $2,900. A daily acceptance above

The post Ethereum (ETH) Price Bounces From Support Zone, 200 EMA Offers Minor Upside Hurdle appeared first on CoinGape.

Dogecoin prices spiked due to Tesla CEO’s tweet about buying Tesla merchandise with Dogecoin. However, there is a catch! Tesla states that it will not issue refunds or accept returns for purchases made in DOGE. There is no information yet on how much merch has been sold from Dogecoins. Tesla’s website stated that it won’t

The post Elon Musk Tweet: Tesla Accepting Dogecoin, But There Is A Catch! appeared first on CoinGape.

The crypto market saw a huge rise in the year 2021. Along with legitimate use, it’s also used for many illegitimate purposes. But now, according to a recent report by data analytics firm Chainalysis, the criminal usage of cryptocurrencies might drop around the world in 2022. The legitimate cryptocurrency usage will outgrow the illegitimate as

The post Chainalysis Report Claims Criminal Usage Of Cryptocurrency Will Decrease In 2022 appeared first on CoinGape.

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The post SEC Compelled to turn Email Containing Bill Hinman’s Speech. Is this a leg up for Ripple? appeared first on CoinGape.

Litecoin (LTC) keeps up the pace from the lows of $120 made on January 10. The US Dollar Index (DXY stays pressured below the 95.0 mark. As per the estimates, Litecoin could come up in the top ten of the world’s most valuable digital currency by market capitalization in the next few years. Litecoin(LTC) rallied

The post Litecoin (LTC) Price Charged Up Towards $160, Bulls Needs To Validate Above 100 SMA appeared first on CoinGape.

The overall trend for the XRP price is still sideways. The recent correction in price has plunged the coin to a crucial support level of $0.7. However, the technical chart shows the formation of a symmetrical triangle pattern, whose breakout could initiate a new trend in XRP price. Key technical points:  The RSI displays bullish

The post XRP Price Analysis: XRP Price Could Reach $1.1 Mark As Price Chart Forms Symmetrical Triangle Pattern appeared first on CoinGape.

The parabolic recovery in Fantom (FTM) price pumped its price back to the ATH resistance near $3.2. The coin needs face a minor pullback to form the handle portion of its cup and handle pattern. Completing this bullish pattern, the coin price could rally to newer levels. Key technical points:  The daily RSI chart shows

The post Fantom Price Analysis: Cup And Handle Pattern May Lead FTM Price To $4.5 Mark? appeared first on CoinGape.

The short-term downtrend in the DOGE price made a new lower low at $0.137. The technical chart indicated strong support from this level and initiated a recovery rally. Today, a recent tweet from the billionaire Elon Musk that all Tesla merchandise can be bought with Dogecoin triggered a sudden pump in its coin price. Key

The post DOGE Price Analysis: Dogecoin Price Soars Double-Digit In Intraday, Is It A Buy Opportunity? appeared first on CoinGape.