Cardano bears initiate takeover as ADA price plummets
As Cardano plunges, founder Charles Hoskinson warns traders of massive FUD leading up to September 12. Cryptocurrency analyst Jason Pizzino predicts that ADA is likely to rally 290% following a five-week cycle theory. Cardano’s upcoming mainnet upgrade is set to make gas fees predictable and relatively cheaper than rival Ethereum.
Ethereum Classic prices loses support, targeting $60
Ethereum Classic has been in an uptrend since September 1. An ascending trend line is looking for a squeeze to the upside against $78.07. A pop above $80 could push Ethereum Classic price toward $100 within weeks.
Chainlink price dives to $25 as investors panic sell
Chainlink has hit a curb with two levels that seem to be too hard to get through. Sellers look to seize control of Chainlink's price action. Two short-term levels can provide support before opening a downside potential of 20%.
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Latest Crypto News & Analysis
Editors’ Picks
XRP price to pull a 180 as Ripple bulls come out of the woodwork
XRP price lacks volatility as it trades close to a crucial support level. While a major reason for this is its correlation with Bitcoin, a part of it also arises from the lack of interest among the investors for this coin. There is a good chance Ripple could see a brief uptrend that pushes it toward the immediate resistance barrier.
MATIC price gives bulls another opportunity to undo recent losses
MATIC price has seen an increase in selling pressure that has undone most of its gains from the last week. The retracement has knocked Polygon down to a stable barrier that is likely to sustain the incoming bearish momentum, allowing bulls to make a comeback.
Crypto.com upside limited to $0.54 as CRO faces multiple hurdles
A brief technical and on-chain analysis on Crypto.com price. Here, FXStreet's analysts evaluate where CRO could be heading next.
Google prepares for a foray into crypto, plans to expand payment division
Google is planning to enter into the cryptocurrency space as the firm has hired a former PayPal executive to lead its payment division. The multinational technology company is laying out a broader strategy to team up with a wider range of financial services including digital assets.
BTC eyes retest of $50,000
Bitcoin price shows a resurgence of retail interest as it bounced off a crucial psychological level. The recent uptrend is preparing a base on a short-term time frame so BTC can kick-start a larger leg-up. Interestingly, on-chain metrics are lining up with the bullish outlook portrayed from a technical perspective. An uptrend now seems inevitable for BTC and, therefore, the larger ecosystem.