XRP is currently pushing higher alongside Bitcoin and the rest of the cryptocurrency market. The digital asset has been struggling to break above the resistance that exists between $0.30 and $0.33, but it now appears that bulls are vying to push it past this key region. Where it trends next may largely depend on whether…
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Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. Analysts are now offering mixed outlooks on…
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Tron price rallied over 10% and it surpassed the $0.0250 and $0.0260 resistance levels against the US Dollar. TRX is currently correcting gains, but it is likely to continue higher towards $0.0300. Tron price is gaining bullish momentum above the $0.0260 resistance against the US dollar. The price traded to a new weekly high at…
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XRP has been performing well over recent weeks, shaking off the multi-year bear market that it went through. Since the start of July, the leading cryptocurrency has gained around 50% against the dollar, outperforming Bitcoin. Although XRP is far from the best performing altcoin, analysts say the asset is cleared to move higher. There is…
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Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke $6 billion for the first time. What’s more, the rate of DeFi growth is reflecting the explosion in interest witnessed over the past few months. One Twitter user, @cryptounfolded, documented the number of days each one billion…
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Bitcoin price is trading in a range above the $11,700 support zone against the US Dollar. BTC is likely to surge higher once it clears the main $12,000 resistance zone. Bitcoin is trading in a positive zone above the $11,700 and $11,750 support levels. The price is facing a strong resistance near $12,000, but it…
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Ripple is trading in a positive zone above the $0.2920 support zone against the US Dollar. XRP price is likely to continue higher if it clears the $0.3055 resistance zone. Ripple gained bullish momentum and settled above the $0.2920 pivot against the US dollar. The price is currently struggling to clear $0.3055, but it is…
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Bitcoin has struggled immensely at the $12,000 resistance over the past two weeks. On at least four separate occasions over this time frame, the leading cryptocurrency has been cleanly rejected at $12,000. Often, the rejection took place at that level exactly, down to a few dollars. While some analysts don’t assign much importance to that…
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Compound’s price has been caught within an intense consolidation phase throughout the past week, with COMP oscillating primarily between $190 and $220. The cryptocurrency has been struggling to garner any clear momentum, with the crypto’s intense upswing seen earlier this month starting to show some signs of faltering. Despite this, analysts remain confident that COMP…
DetailsWhen analysts try and gauge the success of Ethereum’s decentralized finance projects, they often look to the “total value locked” metric. Just today, the metric, up around 1,000% since the start of 2020, surpassed $6 billion for the first time ever. Many Ethereum bulls hailed the achievement of this milestone as a testament to the…
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