Ethereum (Symbol: ETHUSD) snapped its five-day winning streak, falling sharply as on cues from a broader correction sentiment across the cryptocurrency market. The second-largest crypto by market cap slipped by more than 12 percent from its Wednesday top of $481.20. So it appears, ETH/USD plunged as traders decided to secure their short-term profits from the…
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Few cryptocurrencies have had as explosive growth in 2020 as Ethereum has. The top-ranked altcoin led the market into a recovery in early 2020, and after a revisit to an accumulation range, the DeFi trend helped Etheruem rocket out of lows. However, today was the first sign that Ethereum’s momentum may be waning, as the…
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UMA bulls have taken a break from pumping the token, given the magnitude of its price correction in the last 36 hours. The UMA/USDT exchange rate fell by circa 25 percent within the said period. As of September 1, the pair was trading at a year-to-date top of $30 following a 700 percent rally. The…
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After a strong retracement from its all-time high price, Band Protocol (BAND) is back in business. The Chainlink (LINK) competitor has surged 15% in the past 24 hours alone according to data from CoinGecko. The coin now trades at $16 as of this article’s writing. This is a price that is almost a new all-time…
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Ripple extended its rise above the $0.2920 resistance against the US Dollar. XRP price even broke the $0.3000 resistance and it is currently correcting gains. Ripple is back in a positive zone above the $0.2920 and $0.2950 levels against the US dollar. The price traded to a new weekly high at $0.3043 and it is…
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Bitcoin price traded above the $12,000 resistance before starting a downside correction against the US Dollar. BTC is likely to remain supported above $11,650 and it could rise again. Bitcoin gained bullish momentum and it broke the $11,800 and $12,000 resistance levels. The price traded to a new weekly high at $12,066 and it is…
DetailsJustSwap is TRON’s brand new decentralized Token exchange protocol that allows the instant exchange of TRC20 tokens and also assures more credible and affordable DeFi Operability on TRON. TRON has been making big waves in the crypto scene for quite some time now. The leading blockchain network has recently launched its first decentralized Token exchange…
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Ethereum extended its rally by 10% and it broke the $465 resistance against the US Dollar. ETH price traded to a new multi-month high at $490 before starting a downside correction. Ethereum is up over 10% and it broke the $465 and $470 resistance levels. The price traded to a new multi-month high at $490…
DetailsIt’s been quite the day for the Bitcoin and crypto-asset market, with the price of BTC breaking above $12,000 after a strong rejection around two weeks ago. Ethereum also saw an extremely strong day, rallying as high as $490 as buying pressure spiked. Altcoins have seen extreme price action as well, with certain market participants…
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Chainlink has been flashing some mixed signs to investors in recent weeks, with the cryptocurrency rallying as high as $18.00 earlier this week before plunging to lows of $15.00 earlier today. Bulls are now attempting to stabilize it within the upper-$15.00 region, with the chances of it seeing further downside growing as it fails to…
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