Altcoins

After the enhanced volatility at the end of the working week, bitcoin has calmed and stands firm at $19,000. Most altcoins are also quite stagnant now. On a weekly scale, though, there’re some evident winners, such as Huobi Token, and losers, like Cardano. Bitcoin Calms at $19K The latest US inflation numbers – 8.2% – announced on Thursday returned some of the recently lost volatility in the crypto markets, pushing bitcoin from $19,000 south to a multi-week low of $18,200....

Bitcoin tried its hand at taking down $20,000 but was stopped in its tracks once more and has retraced by almost a grand. The altcoins are back in red after yesterday’s massive gains. This all came following the bloody Friday on Wall Street. Bitcoin Stopped at $20K The primary cryptocurrency was quite calm lately, but that all changed when the US announced the latest CPI numbers. BTC stood at $19,000 before it violently dropped to a multi-week low of $18,200. However, that...

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Bitcoin cash is attempting a fresh increase from the $102 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $112 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $112 and $115 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin....

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EOS price started a fresh decline from the $1.20 resistance against the US Dollar. The price is now trading just above $1.10 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $1.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $1.10 and $1.12 resistance levels. EOS price is struggling below $1.20 against the US Dollar, similar...

Litecoin is facing a major resistance near the $55.00 zone against the US Dollar. LTC price is now trading below $53.50 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $53.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $53.50 and $55.00 levels. Litecoin price is struggling below $5 against the US Dollar, similar to bitcoin. LTC...