EOS price rallied and was able to clear the $1.10 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.080 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair...

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The CEO of popular cryptocurrency exchange FTX, crypto billionaire Sam Bankman-Fried (SBF), has said that the trading platform is set to soon list Cardano ($ADA) as it’s on the exchange’s roadmap. In response to a Cardano community member who suggested FTX wouldn’t list $ADA because they “view Cardano as a threat to everything they want […]

Ethereum price has moved up on its chart over the last 24 hours. The altcoin witnessed a 4% growth in the same time frame. This has pushed the price of the altcoin closer to the immediate resistance. Once the Ethereum price moves above the closest resistance level, the bulls could definitely take control of the market. Technical indicators of the altcoin have pointed towards bullish signals. However, it is too soon to say if the bulls will remain on the chart over the next trading sessions. Bitcoin price also logged minor gains, which have turned certain altcoins green over the last 24 hours. In the last week, Ethereum price appreciated by 4%. This indicated that most of the gains made by the altcoin were registered over the last day. The crucial price mark for the altcoin remains at $1,400. If the bulls can maintain their momentum, the altcoin could break through the $1,400 barrier in the coming trading sessions. Buying strength has seen a considerable increase as ETH moved north over the last 24 hours. Ethereum Price Analysis: One-Day Chart ETH was trading at $1,380 at the time of writing. The coin has finally moved upwards after a phase of consolidation. The bulls could push past the $1,400 level over the next trading session if they hold the momentum. The bulls will gain further control if that level is crossed. The other resistance mark for the coin stands at $1,500. A move above the $1,500 level could propel the price of Ethereum to $1,680. On the other hand, a small drop in price will bring Ethereum to $1,340 and then to $1,268. The amount of Ethereum traded in the last session increased, signifying bullish price action. Technical Analysis The altcoin’s northbound movement brought buyers back into the market. The technical indicators had signalled that the bulls had re-surfaced along with the buyers. The Relative Strength Index zoomed above the half-line in an indication that buyers have outnumbered sellers in the market. Ethereum price was above the 20-SMA, which meant that demand for the altcoin had increased and that buyers were driving the price momentum in the market. Related Reading: Ethereum Price Bulls Keeps Pushing, Why Rally Is Round The Corner The other technical indicators were also in accordance with the buyers. Ethereum had depicted buy signal on the one-day chart. Moving Average Convergence Divergence indicates the price momentum and the overall price direction of the asset. The MACD continued to display green signal bars above the half-line, which meant that there were buy signal for the crypto. Bollinger Bands measure the price volatility and the chance of price fluctuation. The bands were super constricted and this reading is often associated with explosive price action. Related Reading: Ethereum Price Will Rally If This Happens; What Could That Possibly Be? Featured Image From UnSplash, Charts From TradingView

The price of Ripple (XRP) has fallen to a low of $0.44 at the time of writing. The cryptocurrency has declined since the recent high of $0.54.

Automotive Monthly Newsletter & Podcast:LISTEN TO THIS PODCASTAside from the supply shortage, one of the biggest buzzwords in the commercial vehicle industry over the past few years...

The Sellers’ momentum is increasing in Dogecoin market DOGEUSD Price Analysis – October 24 When the sellers’ pressure increase, price may decrease to $0.55, the [...]

Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s session. Bitcoin Bitcoin (BTC) was trading […]

The price of Bitcoin (BTC) is bearish after a failed attempt to break above the moving average lines. Bitcoin has fallen to the low of $19,321 at the time of writing.

The price of Chainlink (LINK) has resumed selling pressure after falling below the current support. In the previous price action, Chainlink moved between $6.60 and $8.00 price levels.

Ripple price started a fresh decline from the $0.5500 resistance against the US dollar. The price is now trading below $0.500 and near the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex)....

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