Crypto Market Testing Key Hurdle: BNB Rallies 12%, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap seems to be facing a couple of important resistance levels. EOS price is slowly moving higher from the $3.62 support area, with a positive angle. Binance Coin (BNB) surged more than 10% and broke the $16.50 resistance. Bitcoin cash price is currently consolidating above the $165 support level. Tron (TRX)

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Ripple Price Analysis: XRP Facing Uphill Task With Sellers In Control

Ripple price recovered recently, but it failed to break the $0.3120 resistance against the US dollar. The price is slowly declining and it is currently trading well below the $0.3100 level. There is a crucial bearish trend line formed with resistance at $0.3065 on the hourly chart of the XRP/USD pair (data source from Kraken).

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Ethereum Price Analysis: ETH Could Jump If It Closes Above 100 SMA

ETH price is forming a decent support near the $134 level against the US Dollar. The price is currently moving higher and testing the key $136 resistance and the 100 hourly SMA. There is a major bearish trend line formed with resistance at $136 on the hourly chart of ETH/USD (data feed via Kraken). The

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Bitcoin Dominance Wanes In Crypto Recovery, But Researcher Says This Isn’t The Case

Recent reports seem to indicate that, believe it or not, Bitcoin (BTC)’s short-term prospects in this market are limited, as crypto analysts await the holy grail of trading sessions — the fabled “altseason.” With this phase of trading, analysts expect for Bitcoin’s hegemony over the broader industry to slip, as stakeholders flee to alternative digital

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Analyst: Bitcoin (BTC) Reaching 5,500 is a Strong Likelihood, But Possibility of Drop to 3,000 Remains

Bitcoin has been experiencing a quiet weekend trading session and is currently firmly in the middle of its long-established trading range between $4,000 and $4,100. It is unclear how long this range will persist, but historically BTC has experienced fairly significant price swings after long bouts of sideways trading. Now, analysts seem to concur that

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Is Ripple (XRP) Crumbling? ETH Gap Widens to $1.5 Billion

Ripple prices down three percent from last week’s close Price surges depend on xRapid adoption Participation levels low and almost half that of Feb 24 At third with a market cap of $12,861 at the time of press, Ripple (XRP)—like the rest is under pressure. However, this has been compounded by regulatory uncertainty which is

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Litecoin Boom Past $60 Could Set Bitcoin (BTC) Up For A Surge

Sure, Litecoin (LTC) has been receiving some flak as of late, but there’s no denying the surge the cryptocurrency has undergone in recent months. One analyst argues that the rally in that specific asset could be setting Bitcoin (BTC) up for an eventual recovery, citing eerie similarities in the two assets’ price action. Related Reading:

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Will Bitcoin Shine? After Ponzi Jab, BIS Boss Says CBDC Destabilizing

Bitcoin price under pressure Carstens of BIS against central bank digital currencies (CBDCs) Volumes low and drop below or above Mar 21 high-lows must exceed 13k According to BIS’s Carstens, central banks shifting to CBDCs will destabilize the economy. However, that is not stopping some central banks from experimenting with them. Meanwhile, Bitcoin (BTC) is

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Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April

Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. In the other, it postponed the second reading of the crypto bill draft law to April. Ducking Swift Ban Anatoly Aksakov,

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Bitcoin (BTC) Price Still In Strong Uptrend, Buying Dips Favored

Bitcoin price traded to a new monthly high at $4,064 and later corrected lower against the US Dollar. The price declined sharply below $3,950, but dips remained supported above $3,900. There is a crucial bullish trend line formed with support at $3,920 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The

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